CE 633 15 JUL 29 Market Value
| 15089QAN4 | 101.43 1.72 1.67% |
| Symbol | 15089QAN4 |
Please note, there is a significant difference between 15089QAN4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 15089QAN4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 15089QAN4'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.
15089QAN4 '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 15089QAN4'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 15089QAN4.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 15089QAN4 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding CE 633 15 JUL 29 or generate 0.0% return on investment in 15089QAN4 over 30 days. 15089QAN4 is related to or competes with Lipocine, Waters, JD Sports, Xponential Fitness, Repligen, Hooker Furniture, and Teleflex Incorporated. More
15089QAN4 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 15089QAN4'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 CE 633 15 JUL 29 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.86 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 1.57 |
15089QAN4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 15089QAN4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 15089QAN4's standard deviation. In reality, there are many statistical measures that can use 15089QAN4 historical prices to predict the future 15089QAN4's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.3768 |
CE 633 15 Backtested Returns
CE 633 15 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. 15089QAN4 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 15089QAN4's Variance of 1.24, market risk adjusted performance of 0.3868, and Information Ratio of (0.17) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 15089QAN4 are expected to decrease at a much lower rate. During the bear market, 15089QAN4 is likely to outperform the market.
Auto-correlation | -0.13 |
Insignificant reverse predictability
CE 633 15 JUL 29 has insignificant reverse predictability. Overlapping area represents the amount of predictability between 15089QAN4 time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 CE 633 15 price movement. The serial correlation of -0.13 indicates that less than 13.0% of current 15089QAN4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
CE 633 15 lagged returns against current returns
Autocorrelation, which is 15089QAN4 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 15089QAN4's bond expected returns. We can calculate the autocorrelation of 15089QAN4 returns to help us make a trade decision. For example, suppose you find that 15089QAN4 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 |
15089QAN4 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 15089QAN4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 15089QAN4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 15089QAN4 bond over time.
Current vs Lagged Prices |
| Timeline |
15089QAN4 Lagged Returns
When evaluating 15089QAN4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 15089QAN4 bond have on its future price. 15089QAN4 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, 15089QAN4 autocorrelation shows the relationship between 15089QAN4 bond current value and its past values and can show if there is a momentum factor associated with investing in CE 633 15 JUL 29.
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 15089QAN4 Bond
15089QAN4 financial ratios help investors to determine whether 15089QAN4 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 15089QAN4 with respect to the benefits of owning 15089QAN4 security.