US17298CHT80 Market Value
| 17298CHT8 | 81.85 0.90 1.11% |
| Symbol | 17298CHT8 |
Please note, there is a significant difference between 17298CHT8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 17298CHT8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 17298CHT8'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.
17298CHT8 '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 17298CHT8'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 17298CHT8.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in 17298CHT8 on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding US17298CHT80 or generate 0.0% return on investment in 17298CHT8 over 30 days. 17298CHT8 is related to or competes with Franklin Street, Invitation Homes, Norfolk Southern, United Airlines, Ryanair Holdings, and Saia. More
17298CHT8 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 17298CHT8'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 US17298CHT80 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.54 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 1.88 |
17298CHT8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 17298CHT8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 17298CHT8's standard deviation. In reality, there are many statistical measures that can use 17298CHT8 historical prices to predict the future 17298CHT8's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.65) |
US17298CHT80 Backtested Returns
US17298CHT80 retains Efficiency (Sharpe Ratio) of -0.0584, which signifies that the bond had a -0.0584 % return per unit of price deviation over the last 3 months. 17298CHT8 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 17298CHT8's Coefficient Of Variation of (1,712), risk adjusted performance of (0.04), and Variance of 2.12 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 17298CHT8's returns are expected to increase less than the market. However, during the bear market, the loss of holding 17298CHT8 is expected to be smaller as well.
Auto-correlation | -1 |
Near perfect reversele predictability
US17298CHT80 has near perfect reversele predictability. Overlapping area represents the amount of predictability between 17298CHT8 time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 US17298CHT80 price movement. The serial correlation of -1.0 indicates that 100.0% of current 17298CHT8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -1.0 | |
| Spearman Rank Test | -1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 3.31 |
US17298CHT80 lagged returns against current returns
Autocorrelation, which is 17298CHT8 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 17298CHT8's bond expected returns. We can calculate the autocorrelation of 17298CHT8 returns to help us make a trade decision. For example, suppose you find that 17298CHT8 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 |
17298CHT8 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 17298CHT8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 17298CHT8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 17298CHT8 bond over time.
Current vs Lagged Prices |
| Timeline |
17298CHT8 Lagged Returns
When evaluating 17298CHT8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 17298CHT8 bond have on its future price. 17298CHT8 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, 17298CHT8 autocorrelation shows the relationship between 17298CHT8 bond current value and its past values and can show if there is a momentum factor associated with investing in US17298CHT80.
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 17298CHT8 Bond
17298CHT8 financial ratios help investors to determine whether 17298CHT8 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 17298CHT8 with respect to the benefits of owning 17298CHT8 security.