US12654AAA97 Market Value
| 12654AAA9 | 89.45 4.05 4.33% |
| Symbol | 12654AAA9 |
12654AAA9 '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 12654AAA9'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 12654AAA9.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in 12654AAA9 on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding US12654AAA97 or generate 0.0% return on investment in 12654AAA9 over 720 days. 12654AAA9 is related to or competes with Cincinnati Financial, Trupanion, CarsalesCom, Marchex, Deluxe, Old Republic, and ICC Holdings. More
12654AAA9 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 12654AAA9'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 US12654AAA97 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 16.61 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.8108 |
12654AAA9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 12654AAA9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 12654AAA9's standard deviation. In reality, there are many statistical measures that can use 12654AAA9 historical prices to predict the future 12654AAA9's volatility.| Risk Adjusted Performance | 0.0065 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.06) |
US12654AAA97 Backtested Returns
US12654AAA97 retains Efficiency (Sharpe Ratio) of -0.0887, which signifies that the bond had a -0.0887% return per unit of price deviation over the last 3 months. 12654AAA9 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 12654AAA9's Variance of 5.22, risk adjusted performance of 0.0065, and Coefficient Of Variation of (518,178) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 12654AAA9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 12654AAA9 is expected to be smaller as well.
Auto-correlation | -0.01 |
Very weak reverse predictability
US12654AAA97 has very weak reverse predictability. Overlapping area represents the amount of predictability between 12654AAA9 time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 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 US12654AAA97 price movement. The serial correlation of -0.01 indicates that just 1.0% of current 12654AAA9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 4.9 |
US12654AAA97 lagged returns against current returns
Autocorrelation, which is 12654AAA9 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 12654AAA9's bond expected returns. We can calculate the autocorrelation of 12654AAA9 returns to help us make a trade decision. For example, suppose you find that 12654AAA9 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 |
12654AAA9 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 12654AAA9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 12654AAA9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 12654AAA9 bond over time.
Current vs Lagged Prices |
| Timeline |
12654AAA9 Lagged Returns
When evaluating 12654AAA9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 12654AAA9 bond have on its future price. 12654AAA9 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, 12654AAA9 autocorrelation shows the relationship between 12654AAA9 bond current value and its past values and can show if there is a momentum factor associated with investing in US12654AAA97.
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 12654AAA9 Bond
12654AAA9 financial ratios help investors to determine whether 12654AAA9 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 12654AAA9 with respect to the benefits of owning 12654AAA9 security.