C 595 Market Value
| 172967JM4 | 98.75 1.04 1.04% |
| Symbol | 172967JM4 |
Please note, there is a significant difference between 172967JM4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 172967JM4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 172967JM4'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.
172967JM4 '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 172967JM4'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 172967JM4.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in 172967JM4 on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding C 595 or generate 0.0% return on investment in 172967JM4 over 30 days. 172967JM4 is related to or competes with Papaya Growth, Sandstorm Gold, Highway Holdings, Griffon, Hurco Companies, Simpson Manufacturing, and Enersys. More
172967JM4 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 172967JM4'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 C 595 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 14.6 | |||
| Value At Risk | (4.99) | |||
| Potential Upside | 5.43 |
172967JM4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 172967JM4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 172967JM4's standard deviation. In reality, there are many statistical measures that can use 172967JM4 historical prices to predict the future 172967JM4's volatility.| Risk Adjusted Performance | 0.0088 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.03) |
172967JM4 Backtested Returns
At this point, 172967JM4 is very steady. 172967JM4 retains Efficiency (Sharpe Ratio) of 2.0E-4, which signifies that the bond had a 2.0E-4% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 172967JM4, which you can use to evaluate the volatility of the entity. Please confirm 172967JM4's Coefficient Of Variation of 37535.64, market risk adjusted performance of (0.02), and Standard Deviation of 2.38 to double-check if the risk estimate we provide is consistent with the expected return of 1.0E-4%. The entity owns a Beta (Systematic Risk) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 172967JM4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 172967JM4 is expected to be smaller as well.
Auto-correlation | -0.14 |
Insignificant reverse predictability
C 595 has insignificant reverse predictability. Overlapping area represents the amount of predictability between 172967JM4 time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 172967JM4 price movement. The serial correlation of -0.14 indicates that less than 14.0% of current 172967JM4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
172967JM4 lagged returns against current returns
Autocorrelation, which is 172967JM4 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 172967JM4's bond expected returns. We can calculate the autocorrelation of 172967JM4 returns to help us make a trade decision. For example, suppose you find that 172967JM4 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 |
172967JM4 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 172967JM4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 172967JM4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 172967JM4 bond over time.
Current vs Lagged Prices |
| Timeline |
172967JM4 Lagged Returns
When evaluating 172967JM4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 172967JM4 bond have on its future price. 172967JM4 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, 172967JM4 autocorrelation shows the relationship between 172967JM4 bond current value and its past values and can show if there is a momentum factor associated with investing in C 595.
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 172967JM4 Bond
172967JM4 financial ratios help investors to determine whether 172967JM4 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 172967JM4 with respect to the benefits of owning 172967JM4 security.