HEXWIN 5375 31 OCT 26 Market Value
| 12674CAA1 | 84.55 13.15 13.46% |
| Symbol | HEXWIN |
Please note, there is a significant difference between HEXWIN's value and its price as these two are different measures arrived at by different means. Investors typically determine if HEXWIN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HEXWIN'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.
HEXWIN '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 HEXWIN'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 HEXWIN.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in HEXWIN on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding HEXWIN 5375 31 OCT 26 or generate 0.0% return on investment in HEXWIN over 30 days. HEXWIN is related to or competes with Cincinnati Financial, Sun Life, Zoom Video, Assurant, Citizens, Xponential Fitness, and National CineMedia. More
HEXWIN 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 HEXWIN'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 HEXWIN 5375 31 OCT 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 15.21 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.8228 |
HEXWIN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HEXWIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HEXWIN's standard deviation. In reality, there are many statistical measures that can use HEXWIN historical prices to predict the future HEXWIN's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.85) |
HEXWIN 5375 31 Backtested Returns
HEXWIN 5375 31 holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21% return per unit of standard deviation over the last 3 months. HEXWIN 5375 31 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HEXWIN's risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (0.84) to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HEXWIN's returns are expected to increase less than the market. However, during the bear market, the loss of holding HEXWIN is expected to be smaller as well.
Auto-correlation | 0.06 |
Virtually no predictability
HEXWIN 5375 31 OCT 26 has virtually no predictability. Overlapping area represents the amount of predictability between HEXWIN time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 HEXWIN 5375 31 price movement. The serial correlation of 0.06 indicates that barely 6.0% of current HEXWIN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 46.06 |
HEXWIN 5375 31 lagged returns against current returns
Autocorrelation, which is HEXWIN 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 HEXWIN's bond expected returns. We can calculate the autocorrelation of HEXWIN returns to help us make a trade decision. For example, suppose you find that HEXWIN 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 |
HEXWIN 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 HEXWIN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HEXWIN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HEXWIN bond over time.
Current vs Lagged Prices |
| Timeline |
HEXWIN Lagged Returns
When evaluating HEXWIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HEXWIN bond have on its future price. HEXWIN 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, HEXWIN autocorrelation shows the relationship between HEXWIN bond current value and its past values and can show if there is a momentum factor associated with investing in HEXWIN 5375 31 OCT 26.
Regressed Prices |
| Timeline |
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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 HEXWIN Bond
HEXWIN financial ratios help investors to determine whether HEXWIN 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 HEXWIN with respect to the benefits of owning HEXWIN security.