US14985VAE11 Market Value
| 14985VAE1 | 95.00 0.00 0.00% |
| Symbol | 14985VAE1 |
14985VAE1 '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 14985VAE1'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 14985VAE1.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in 14985VAE1 on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding US14985VAE11 or generate 0.0% return on investment in 14985VAE1 over 90 days. 14985VAE1 is related to or competes with National Beverage, Brandywine Realty, Regeneron Pharmaceuticals, Sellas Life, Tarsus Pharmaceuticals, BioNTech, and Coca Cola. More
14985VAE1 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 14985VAE1'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 US14985VAE11 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 1.71 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.4133 |
14985VAE1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 14985VAE1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 14985VAE1's standard deviation. In reality, there are many statistical measures that can use 14985VAE1 historical prices to predict the future 14985VAE1's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (4.84) |
US14985VAE11 Backtested Returns
US14985VAE11 retains Efficiency (Sharpe Ratio) of -0.17, which signifies that the bond had a -0.17% return per unit of price deviation over the last 3 months. 14985VAE1 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 14985VAE1's Risk Adjusted Performance of (0.08), coefficient of variation of (1,011), and Variance of 0.4784 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.0162, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 14985VAE1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 14985VAE1 is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
US14985VAE11 has below average predictability. Overlapping area represents the amount of predictability between 14985VAE1 time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 US14985VAE11 price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current 14985VAE1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 3.24 |
US14985VAE11 lagged returns against current returns
Autocorrelation, which is 14985VAE1 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 14985VAE1's bond expected returns. We can calculate the autocorrelation of 14985VAE1 returns to help us make a trade decision. For example, suppose you find that 14985VAE1 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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14985VAE1 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 14985VAE1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 14985VAE1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 14985VAE1 bond over time.
Current vs Lagged Prices |
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14985VAE1 Lagged Returns
When evaluating 14985VAE1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 14985VAE1 bond have on its future price. 14985VAE1 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, 14985VAE1 autocorrelation shows the relationship between 14985VAE1 bond current value and its past values and can show if there is a momentum factor associated with investing in US14985VAE11.
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 14985VAE1 Bond
14985VAE1 financial ratios help investors to determine whether 14985VAE1 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 14985VAE1 with respect to the benefits of owning 14985VAE1 security.