ED 32 01 DEC 51 Market Value
| 209111GC1 | 67.87 0.58 0.85% |
| Symbol | 209111GC1 |
Please note, there is a significant difference between 209111GC1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 209111GC1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 209111GC1'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.
209111GC1 '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 209111GC1'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 209111GC1.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in 209111GC1 on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding ED 32 01 DEC 51 or generate 0.0% return on investment in 209111GC1 over 690 days. 209111GC1 is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
209111GC1 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 209111GC1'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 ED 32 01 DEC 51 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.74 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 2.52 |
209111GC1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 209111GC1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 209111GC1's standard deviation. In reality, there are many statistical measures that can use 209111GC1 historical prices to predict the future 209111GC1's volatility.| Risk Adjusted Performance | 0.0219 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1118 |
209111GC1 Backtested Returns
209111GC1 retains Efficiency (Sharpe Ratio) of -0.0558, which signifies that the bond had a -0.0558% return per unit of price deviation over the last 3 months. 209111GC1 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 209111GC1's Downside Deviation of 2.74, standard deviation of 2.74, and Market Risk Adjusted Performance of 0.1218 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 209111GC1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 209111GC1 is expected to be smaller as well.
Auto-correlation | 0.26 |
Poor predictability
ED 32 01 DEC 51 has poor predictability. Overlapping area represents the amount of predictability between 209111GC1 time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 209111GC1 price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current 209111GC1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 3.34 |
209111GC1 lagged returns against current returns
Autocorrelation, which is 209111GC1 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 209111GC1's bond expected returns. We can calculate the autocorrelation of 209111GC1 returns to help us make a trade decision. For example, suppose you find that 209111GC1 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 |
209111GC1 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 209111GC1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 209111GC1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 209111GC1 bond over time.
Current vs Lagged Prices |
| Timeline |
209111GC1 Lagged Returns
When evaluating 209111GC1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 209111GC1 bond have on its future price. 209111GC1 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, 209111GC1 autocorrelation shows the relationship between 209111GC1 bond current value and its past values and can show if there is a momentum factor associated with investing in ED 32 01 DEC 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 209111GC1 Bond
209111GC1 financial ratios help investors to determine whether 209111GC1 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 209111GC1 with respect to the benefits of owning 209111GC1 security.