CAT 365 12 AUG 25 Market Value
| 14913R2Z9 | 97.77 1.43 1.44% |
| Symbol | 14913R2Z9 |
Please note, there is a significant difference between 14913R2Z9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 14913R2Z9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 14913R2Z9'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.
14913R2Z9 '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 14913R2Z9'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 14913R2Z9.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in 14913R2Z9 on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding CAT 365 12 AUG 25 or generate 0.0% return on investment in 14913R2Z9 over 210 days. 14913R2Z9 is related to or competes with Zijin Mining, Harmony Gold, Franklin Street, Summit Materials, GameStop Corp, MI Homes, and NetEase. More
14913R2Z9 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 14913R2Z9'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 CAT 365 12 AUG 25 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 2.61 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.1811 |
14913R2Z9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 14913R2Z9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 14913R2Z9's standard deviation. In reality, there are many statistical measures that can use 14913R2Z9 historical prices to predict the future 14913R2Z9's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 0.412 |
CAT 365 12 Backtested Returns
CAT 365 12 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of risk over the last 3 months. CAT 365 12 AUG 25 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 14913R2Z9's mean deviation of 0.1862, and Variance of 0.2062 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0648, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 14913R2Z9 are expected to decrease at a much lower rate. During the bear market, 14913R2Z9 is likely to outperform the market.
Auto-correlation | -0.29 |
Weak reverse predictability
CAT 365 12 AUG 25 has weak reverse predictability. Overlapping area represents the amount of predictability between 14913R2Z9 time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 CAT 365 12 price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current 14913R2Z9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
CAT 365 12 lagged returns against current returns
Autocorrelation, which is 14913R2Z9 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 14913R2Z9's bond expected returns. We can calculate the autocorrelation of 14913R2Z9 returns to help us make a trade decision. For example, suppose you find that 14913R2Z9 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 |
14913R2Z9 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 14913R2Z9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 14913R2Z9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 14913R2Z9 bond over time.
Current vs Lagged Prices |
| Timeline |
14913R2Z9 Lagged Returns
When evaluating 14913R2Z9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 14913R2Z9 bond have on its future price. 14913R2Z9 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, 14913R2Z9 autocorrelation shows the relationship between 14913R2Z9 bond current value and its past values and can show if there is a momentum factor associated with investing in CAT 365 12 AUG 25.
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 14913R2Z9 Bond
14913R2Z9 financial ratios help investors to determine whether 14913R2Z9 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 14913R2Z9 with respect to the benefits of owning 14913R2Z9 security.