BACR 333 24 NOV 42 Market Value
| 06738EBW4 | 76.61 1.58 2.11% |
| Symbol | 06738EBW4 |
Please note, there is a significant difference between 06738EBW4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 06738EBW4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 06738EBW4's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
06738EBW4 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to 06738EBW4's bond what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of 06738EBW4.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in 06738EBW4 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding BACR 333 24 NOV 42 or generate 0.0% return on investment in 06738EBW4 over 30 days. 06738EBW4 is related to or competes with Finnair Oyj, Alaska Air, Norfolk Southern, Titan International, JD Sports, Corporacion America, and Hooker Furniture. More
06738EBW4 Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure 06738EBW4's bond current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess BACR 333 24 NOV 42 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.01 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.64 |
06738EBW4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 06738EBW4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 06738EBW4's standard deviation. In reality, there are many statistical measures that can use 06738EBW4 historical prices to predict the future 06738EBW4's volatility.| Risk Adjusted Performance | 0.0134 | |||
| Jensen Alpha | 0.0057 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (2.35) |
BACR 333 24 Backtested Returns
At this point, 06738EBW4 is very steady. BACR 333 24 retains Efficiency (Sharpe Ratio) of 0.046, which signifies that the bond had a 0.046% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 06738EBW4, which you can use to evaluate the volatility of the entity. Please confirm 06738EBW4's Coefficient Of Variation of 7809.78, market risk adjusted performance of (2.34), and Standard Deviation of 1.2 to double-check if the risk estimate we provide is consistent with the expected return of 0.0418%. The entity owns a Beta (Systematic Risk) of -0.0023, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 06738EBW4 are expected to decrease at a much lower rate. During the bear market, 06738EBW4 is likely to outperform the market.
Auto-correlation | 0.26 |
Poor predictability
BACR 333 24 NOV 42 has poor predictability. Overlapping area represents the amount of predictability between 06738EBW4 time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BACR 333 24 price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current 06738EBW4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 1.41 |
BACR 333 24 lagged returns against current returns
Autocorrelation, which is 06738EBW4 bond's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting 06738EBW4's bond expected returns. We can calculate the autocorrelation of 06738EBW4 returns to help us make a trade decision. For example, suppose you find that 06738EBW4 has exhibited high autocorrelation historically, and you observe that the bond is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
06738EBW4 regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If 06738EBW4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 06738EBW4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 06738EBW4 bond over time.
Current vs Lagged Prices |
| Timeline |
06738EBW4 Lagged Returns
When evaluating 06738EBW4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 06738EBW4 bond have on its future price. 06738EBW4 autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, 06738EBW4 autocorrelation shows the relationship between 06738EBW4 bond current value and its past values and can show if there is a momentum factor associated with investing in BACR 333 24 NOV 42.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in 06738EBW4 Bond
06738EBW4 financial ratios help investors to determine whether 06738EBW4 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 06738EBW4 with respect to the benefits of owning 06738EBW4 security.