US14575EAA38 Market Value
| 14575EAA3 | 100.23 0.06 0.06% |
| Symbol | 14575EAA3 |
14575EAA3 '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 14575EAA3'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 14575EAA3.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in 14575EAA3 on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding US14575EAA38 or generate 0.0% return on investment in 14575EAA3 over 30 days. 14575EAA3 is related to or competes with 00108WAF7, 90331HPL1, Applied Blockchain, Sprott Focus, Recursion Pharmaceuticals, IQIYI, and InMode. More
14575EAA3 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 14575EAA3'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 US14575EAA38 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.5376 |
14575EAA3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 14575EAA3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 14575EAA3's standard deviation. In reality, there are many statistical measures that can use 14575EAA3 historical prices to predict the future 14575EAA3's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 42.83 |
US14575EAA38 Backtested Returns
US14575EAA38 retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the bond had a -0.12% return per unit of price deviation over the last 3 months. 14575EAA3 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 14575EAA3's Risk Adjusted Performance of (0.07), coefficient of variation of (923.12), and Variance of 2.22 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.004, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 14575EAA3 are expected to decrease at a much lower rate. During the bear market, 14575EAA3 is likely to outperform the market.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
US14575EAA38 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 14575EAA3 time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 US14575EAA38 price movement. The serial correlation of -0.73 indicates that around 73.0% of current 14575EAA3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 2.17 |
US14575EAA38 lagged returns against current returns
Autocorrelation, which is 14575EAA3 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 14575EAA3's bond expected returns. We can calculate the autocorrelation of 14575EAA3 returns to help us make a trade decision. For example, suppose you find that 14575EAA3 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 |
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14575EAA3 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 14575EAA3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 14575EAA3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 14575EAA3 bond over time.
Current vs Lagged Prices |
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14575EAA3 Lagged Returns
When evaluating 14575EAA3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 14575EAA3 bond have on its future price. 14575EAA3 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, 14575EAA3 autocorrelation shows the relationship between 14575EAA3 bond current value and its past values and can show if there is a momentum factor associated with investing in US14575EAA38.
Regressed Prices |
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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 14575EAA3 Bond
14575EAA3 financial ratios help investors to determine whether 14575EAA3 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 14575EAA3 with respect to the benefits of owning 14575EAA3 security.