BELL ATLANTIC PENNSYLVANIA INC Market Value
| 07786DAA4 | 101.66 0.00 0.00% |
| Symbol | 07786DAA4 |
07786DAA4 '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 07786DAA4'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 07786DAA4.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in 07786DAA4 on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding BELL ATLANTIC PENNSYLVANIA INC or generate 0.0% return on investment in 07786DAA4 over 30 days. 07786DAA4 is related to or competes with 00108WAF7, 90331HPL1, Applied Blockchain, BigBearai Holdings, InMode, Sprott Focus, and IONQ. More
07786DAA4 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 07786DAA4'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 BELL ATLANTIC PENNSYLVANIA INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.16 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 1.78 |
07786DAA4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 07786DAA4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 07786DAA4's standard deviation. In reality, there are many statistical measures that can use 07786DAA4 historical prices to predict the future 07786DAA4's volatility.| Risk Adjusted Performance | 0.0028 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.13) |
BELL ATLANTIC PENNSY Backtested Returns
At this point, 07786DAA4 is very steady. BELL ATLANTIC PENNSY secures Sharpe Ratio (or Efficiency) of 0.0353, which signifies that the bond had a 0.0353% return per unit of price deviation over the last 3 months. We have found nineteen technical indicators for BELL ATLANTIC PENNSYLVANIA INC, which you can use to evaluate the volatility of the entity. Please confirm 07786DAA4's Risk Adjusted Performance of 0.0028, variance of 1.83, and Mean Deviation of 1.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.0525%. The bond shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 07786DAA4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 07786DAA4 is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
BELL ATLANTIC PENNSYLVANIA INC has weak predictability. Overlapping area represents the amount of predictability between 07786DAA4 time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 BELL ATLANTIC PENNSY price movement. The serial correlation of 0.21 indicates that over 21.0% of current 07786DAA4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 2.1 |
BELL ATLANTIC PENNSY lagged returns against current returns
Autocorrelation, which is 07786DAA4 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 07786DAA4's bond expected returns. We can calculate the autocorrelation of 07786DAA4 returns to help us make a trade decision. For example, suppose you find that 07786DAA4 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 |
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07786DAA4 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 07786DAA4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 07786DAA4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 07786DAA4 bond over time.
Current vs Lagged Prices |
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07786DAA4 Lagged Returns
When evaluating 07786DAA4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 07786DAA4 bond have on its future price. 07786DAA4 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, 07786DAA4 autocorrelation shows the relationship between 07786DAA4 bond current value and its past values and can show if there is a momentum factor associated with investing in BELL ATLANTIC PENNSYLVANIA INC.
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 07786DAA4 Bond
07786DAA4 financial ratios help investors to determine whether 07786DAA4 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 07786DAA4 with respect to the benefits of owning 07786DAA4 security.