US09259EAB48 Market Value
| 09259EAB4 | 94.10 3.28 3.37% |
| Symbol | 09259EAB4 |
Please note, there is a significant difference between 09259EAB4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 09259EAB4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 09259EAB4'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.
09259EAB4 '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 09259EAB4'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 09259EAB4.
| 06/12/2023 |
| 12/03/2024 |
If you would invest 0.00 in 09259EAB4 on June 12, 2023 and sell it all today you would earn a total of 0.00 from holding US09259EAB48 or generate 0.0% return on investment in 09259EAB4 over 540 days. 09259EAB4 is related to or competes with Sapiens International, FiscalNote Holdings, United Homes, Getty Images, Definitive Healthcare, and NetSol Technologies. More
09259EAB4 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 09259EAB4'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 US09259EAB48 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 3.81 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.6574 |
09259EAB4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 09259EAB4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 09259EAB4's standard deviation. In reality, there are many statistical measures that can use 09259EAB4 historical prices to predict the future 09259EAB4's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.6965 |
US09259EAB48 Backtested Returns
US09259EAB48 retains Efficiency (Sharpe Ratio) of -0.0717, which signifies that the bond had a -0.0717% return per unit of price deviation over the last 3 months. 09259EAB4 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 09259EAB4's Risk Adjusted Performance of (0.05), variance of 0.2489, and Coefficient Of Variation of (1,775) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0547, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 09259EAB4 are expected to decrease at a much lower rate. During the bear market, 09259EAB4 is likely to outperform the market.
Auto-correlation | 0.86 |
Very good predictability
US09259EAB48 has very good predictability. Overlapping area represents the amount of predictability between 09259EAB4 time series from 12th of June 2023 to 8th of March 2024 and 8th of March 2024 to 3rd 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 US09259EAB48 price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current 09259EAB4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 1.35 |
US09259EAB48 lagged returns against current returns
Autocorrelation, which is 09259EAB4 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 09259EAB4's bond expected returns. We can calculate the autocorrelation of 09259EAB4 returns to help us make a trade decision. For example, suppose you find that 09259EAB4 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 |
09259EAB4 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 09259EAB4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 09259EAB4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 09259EAB4 bond over time.
Current vs Lagged Prices |
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09259EAB4 Lagged Returns
When evaluating 09259EAB4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 09259EAB4 bond have on its future price. 09259EAB4 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, 09259EAB4 autocorrelation shows the relationship between 09259EAB4 bond current value and its past values and can show if there is a momentum factor associated with investing in US09259EAB48.
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 09259EAB4 Bond
09259EAB4 financial ratios help investors to determine whether 09259EAB4 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 09259EAB4 with respect to the benefits of owning 09259EAB4 security.