EXC 275 01 SEP 51 Market Value
| 202795JU5 | 62.83 0.44 0.70% |
| Symbol | 202795JU5 |
Please note, there is a significant difference between 202795JU5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 202795JU5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 202795JU5'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.
202795JU5 '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 202795JU5'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 202795JU5.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in 202795JU5 on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding EXC 275 01 SEP 51 or generate 0.0% return on investment in 202795JU5 over 90 days. 202795JU5 is related to or competes with NiSource, Suburban Propane, Ryman Hospitality, Playa Hotels, RCI Hospitality, Starbucks, and Aris Water. More
202795JU5 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 202795JU5'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 EXC 275 01 SEP 51 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.21 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.67 |
202795JU5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 202795JU5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 202795JU5's standard deviation. In reality, there are many statistical measures that can use 202795JU5 historical prices to predict the future 202795JU5's volatility.| Risk Adjusted Performance | 0.0309 | |||
| Jensen Alpha | (0.0006) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.125 |
EXC 275 01 Backtested Returns
EXC 275 01 retains Efficiency (Sharpe Ratio) of -0.0254, which signifies that the bond had a -0.0254% return per unit of price deviation over the last 3 months. 202795JU5 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 202795JU5's Market Risk Adjusted Performance of 0.135, standard deviation of 1.09, and Downside Deviation of 1.11 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 202795JU5's returns are expected to increase less than the market. However, during the bear market, the loss of holding 202795JU5 is expected to be smaller as well.
Auto-correlation | -0.59 |
Good reverse predictability
EXC 275 01 SEP 51 has good reverse predictability. Overlapping area represents the amount of predictability between 202795JU5 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 EXC 275 01 price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current 202795JU5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
EXC 275 01 lagged returns against current returns
Autocorrelation, which is 202795JU5 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 202795JU5's bond expected returns. We can calculate the autocorrelation of 202795JU5 returns to help us make a trade decision. For example, suppose you find that 202795JU5 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 |
202795JU5 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 202795JU5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 202795JU5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 202795JU5 bond over time.
Current vs Lagged Prices |
| Timeline |
202795JU5 Lagged Returns
When evaluating 202795JU5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 202795JU5 bond have on its future price. 202795JU5 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, 202795JU5 autocorrelation shows the relationship between 202795JU5 bond current value and its past values and can show if there is a momentum factor associated with investing in EXC 275 01 SEP 51.
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 202795JU5 Bond
202795JU5 financial ratios help investors to determine whether 202795JU5 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 202795JU5 with respect to the benefits of owning 202795JU5 security.