BRX 225 01 APR 28 Market Value
| 11120VAK9 | 90.43 1.20 1.31% |
| Symbol | 11120VAK9 |
Please note, there is a significant difference between 11120VAK9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 11120VAK9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 11120VAK9'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.
11120VAK9 '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 11120VAK9'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 11120VAK9.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in 11120VAK9 on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding BRX 225 01 APR 28 or generate 0.0% return on investment in 11120VAK9 over 540 days. 11120VAK9 is related to or competes with National Vision, SunOpta, Kinetik Holdings, Simon Property, Weyco, NRG Energy, and GMS. More
11120VAK9 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 11120VAK9'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 BRX 225 01 APR 28 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.16 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 1.91 |
11120VAK9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 11120VAK9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 11120VAK9's standard deviation. In reality, there are many statistical measures that can use 11120VAK9 historical prices to predict the future 11120VAK9's volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | 0.0435 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.06) |
BRX 225 01 Backtested Returns
At this point, 11120VAK9 is very steady. BRX 225 01 secures Sharpe Ratio (or Efficiency) of 0.062, which signifies that the bond had a 0.062% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for BRX 225 01 APR 28, which you can use to evaluate the volatility of the entity. Please confirm 11120VAK9's Risk Adjusted Performance of 0.0156, mean deviation of 0.8498, and Downside Deviation of 2.15 to double-check if the risk estimate we provide is consistent with the expected return of 0.0393%. The bond shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 11120VAK9 are expected to decrease at a much lower rate. During the bear market, 11120VAK9 is likely to outperform the market.
Auto-correlation | 0.70 |
Good predictability
BRX 225 01 APR 28 has good predictability. Overlapping area represents the amount of predictability between 11120VAK9 time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 BRX 225 01 price movement. The serial correlation of 0.7 indicates that around 70.0% of current 11120VAK9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 2.32 |
BRX 225 01 lagged returns against current returns
Autocorrelation, which is 11120VAK9 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 11120VAK9's bond expected returns. We can calculate the autocorrelation of 11120VAK9 returns to help us make a trade decision. For example, suppose you find that 11120VAK9 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 |
11120VAK9 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 11120VAK9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 11120VAK9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 11120VAK9 bond over time.
Current vs Lagged Prices |
| Timeline |
11120VAK9 Lagged Returns
When evaluating 11120VAK9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 11120VAK9 bond have on its future price. 11120VAK9 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, 11120VAK9 autocorrelation shows the relationship between 11120VAK9 bond current value and its past values and can show if there is a momentum factor associated with investing in BRX 225 01 APR 28.
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 11120VAK9 Bond
11120VAK9 financial ratios help investors to determine whether 11120VAK9 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 11120VAK9 with respect to the benefits of owning 11120VAK9 security.