BOSTON PPTYS LTD Market Value
| 10112RAZ7 | 95.95 3.71 3.72% |
| Symbol | BOSTON |
BOSTON '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 BOSTON'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 BOSTON.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in BOSTON on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding BOSTON PPTYS LTD or generate 0.0% return on investment in BOSTON over 90 days. BOSTON is related to or competes with United Fire, Tesla, Employers Holdings, NETGEAR, Digi International, QBE Insurance, and Kinsale Capital. More
BOSTON 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 BOSTON'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 BOSTON PPTYS LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 4.06 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 0.2928 |
BOSTON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BOSTON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BOSTON's standard deviation. In reality, there are many statistical measures that can use BOSTON historical prices to predict the future BOSTON's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (1.95) |
BOSTON PPTYS LTD Backtested Returns
BOSTON PPTYS LTD secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of risk over the last 3 months. BOSTON PPTYS LTD exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BOSTON's mean deviation of 0.287, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0291, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BOSTON's returns are expected to increase less than the market. However, during the bear market, the loss of holding BOSTON is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
BOSTON PPTYS LTD has very weak reverse predictability. Overlapping area represents the amount of predictability between BOSTON time series from 25th of August 2024 to 9th of October 2024 and 9th of October 2024 to 23rd 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 BOSTON PPTYS LTD price movement. The serial correlation of -0.03 indicates that only 3.0% of current BOSTON price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
BOSTON PPTYS LTD lagged returns against current returns
Autocorrelation, which is BOSTON 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 BOSTON's bond expected returns. We can calculate the autocorrelation of BOSTON returns to help us make a trade decision. For example, suppose you find that BOSTON 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 |
BOSTON 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 BOSTON bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BOSTON bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BOSTON bond over time.
Current vs Lagged Prices |
| Timeline |
BOSTON Lagged Returns
When evaluating BOSTON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BOSTON bond have on its future price. BOSTON 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, BOSTON autocorrelation shows the relationship between BOSTON bond current value and its past values and can show if there is a momentum factor associated with investing in BOSTON PPTYS LTD.
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 BOSTON Bond
BOSTON financial ratios help investors to determine whether BOSTON 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 BOSTON with respect to the benefits of owning BOSTON security.