US156504AM47 Market Value
| 156504AM4 | 87.90 3.72 4.06% |
| Symbol | 156504AM4 |
156504AM4 '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 156504AM4'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 156504AM4.
| 12/07/2024 |
| 03/07/2025 |
If you would invest 0.00 in 156504AM4 on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding US156504AM47 or generate 0.0% return on investment in 156504AM4 over 90 days. 156504AM4 is related to or competes with Essent, Cheche Group, Braemar Hotels, Pebblebrook Hotel, Playa Hotels, Loews Corp, and Conifer Holdings,. More
156504AM4 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 156504AM4'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 US156504AM47 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 3.0E-4 | |||
| Maximum Drawdown | 1.64 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.6599 |
156504AM4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 156504AM4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 156504AM4's standard deviation. In reality, there are many statistical measures that can use 156504AM4 historical prices to predict the future 156504AM4's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.36) |
US156504AM47 Backtested Returns
US156504AM47 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. 156504AM4 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 156504AM4's Variance of 0.4329, coefficient of variation of (849.43), and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 156504AM4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 156504AM4 is expected to be smaller as well.
Auto-correlation | -0.45 |
Modest reverse predictability
US156504AM47 has modest reverse predictability. Overlapping area represents the amount of predictability between 156504AM4 time series from 7th of December 2024 to 21st of January 2025 and 21st of January 2025 to 7th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of US156504AM47 price movement. The serial correlation of -0.45 indicates that just about 45.0% of current 156504AM4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
US156504AM47 lagged returns against current returns
Autocorrelation, which is 156504AM4 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 156504AM4's bond expected returns. We can calculate the autocorrelation of 156504AM4 returns to help us make a trade decision. For example, suppose you find that 156504AM4 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 |
156504AM4 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 156504AM4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 156504AM4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 156504AM4 bond over time.
Current vs Lagged Prices |
| Timeline |
156504AM4 Lagged Returns
When evaluating 156504AM4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 156504AM4 bond have on its future price. 156504AM4 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, 156504AM4 autocorrelation shows the relationship between 156504AM4 bond current value and its past values and can show if there is a momentum factor associated with investing in US156504AM47.
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 156504AM4 Bond
156504AM4 financial ratios help investors to determine whether 156504AM4 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 156504AM4 with respect to the benefits of owning 156504AM4 security.