CBT 5 30 JUN 32 Market Value
| 127055AM3 | 94.80 2.49 2.56% |
| Symbol | 127055AM3 |
Please note, there is a significant difference between 127055AM3's value and its price as these two are different measures arrived at by different means. Investors typically determine if 127055AM3 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 127055AM3'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.
127055AM3 '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 127055AM3'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 127055AM3.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in 127055AM3 on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding CBT 5 30 JUN 32 or generate 0.0% return on investment in 127055AM3 over 270 days. 127055AM3 is related to or competes with Old Republic, CT Real, Western Asset, Brunswick, Playa Hotels, Hasbro, and Comstock Holding. More
127055AM3 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 127055AM3'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 CBT 5 30 JUN 32 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 7.41 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 1.93 |
127055AM3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 127055AM3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 127055AM3's standard deviation. In reality, there are many statistical measures that can use 127055AM3 historical prices to predict the future 127055AM3's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.62) |
127055AM3 Backtested Returns
At this point, 127055AM3 is very steady. 127055AM3 secures Sharpe Ratio (or Efficiency) of 0.007, which signifies that the bond had a 0.007% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for CBT 5 30 JUN 32, which you can use to evaluate the volatility of the entity. Please confirm 127055AM3's mean deviation of 0.8157, and Variance of 1.4 to double-check if the risk estimate we provide is consistent with the expected return of 0.0088%. The entity shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 127055AM3's returns are expected to increase less than the market. However, during the bear market, the loss of holding 127055AM3 is expected to be smaller as well.
Auto-correlation | -0.25 |
Weak reverse predictability
CBT 5 30 JUN 32 has weak reverse predictability. Overlapping area represents the amount of predictability between 127055AM3 time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 127055AM3 price movement. The serial correlation of -0.25 indicates that over 25.0% of current 127055AM3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 2.14 |
127055AM3 lagged returns against current returns
Autocorrelation, which is 127055AM3 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 127055AM3's bond expected returns. We can calculate the autocorrelation of 127055AM3 returns to help us make a trade decision. For example, suppose you find that 127055AM3 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 |
127055AM3 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 127055AM3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 127055AM3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 127055AM3 bond over time.
Current vs Lagged Prices |
| Timeline |
127055AM3 Lagged Returns
When evaluating 127055AM3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 127055AM3 bond have on its future price. 127055AM3 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, 127055AM3 autocorrelation shows the relationship between 127055AM3 bond current value and its past values and can show if there is a momentum factor associated with investing in CBT 5 30 JUN 32.
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 127055AM3 Bond
127055AM3 financial ratios help investors to determine whether 127055AM3 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 127055AM3 with respect to the benefits of owning 127055AM3 security.