ACAFP 4125 10 JAN 27 Market Value
| 22535WAB3 | 98.39 0.11 0.11% |
| Symbol | ACAFP |
Please note, there is a significant difference between ACAFP's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACAFP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACAFP'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.
ACAFP '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 ACAFP'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 ACAFP.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in ACAFP on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding ACAFP 4125 10 JAN 27 or generate 0.0% return on investment in ACAFP over 90 days. ACAFP is related to or competes with Insteel Industries, United States, Sun Country, Global Ship, Vestis, United Homes, and Smith Douglas. More
ACAFP 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 ACAFP'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 ACAFP 4125 10 JAN 27 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1903 | |||
| Information Ratio | (0.51) | |||
| Maximum Drawdown | 0.9788 | |||
| Value At Risk | (0.30) | |||
| Potential Upside | 0.3707 |
ACAFP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACAFP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACAFP's standard deviation. In reality, there are many statistical measures that can use ACAFP historical prices to predict the future ACAFP's volatility.| Risk Adjusted Performance | 0.0757 | |||
| Jensen Alpha | 0.0162 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.52) | |||
| Treynor Ratio | 5.53 |
ACAFP 4125 10 Backtested Returns
ACAFP 4125 10 retains Efficiency (Sharpe Ratio) of -0.0666, which signifies that the bond had a -0.0666% return per unit of risk over the last 3 months. ACAFP exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ACAFP's market risk adjusted performance of 5.54, and Coefficient Of Variation of 727.65 to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.003, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ACAFP's returns are expected to increase less than the market. However, during the bear market, the loss of holding ACAFP is expected to be smaller as well.
Auto-correlation | 0.01 |
Virtually no predictability
ACAFP 4125 10 JAN 27 has virtually no predictability. Overlapping area represents the amount of predictability between ACAFP time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 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 ACAFP 4125 10 price movement. The serial correlation of 0.01 indicates that just 1.0% of current ACAFP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
ACAFP 4125 10 lagged returns against current returns
Autocorrelation, which is ACAFP 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 ACAFP's bond expected returns. We can calculate the autocorrelation of ACAFP returns to help us make a trade decision. For example, suppose you find that ACAFP 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 |
ACAFP 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 ACAFP bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACAFP bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACAFP bond over time.
Current vs Lagged Prices |
| Timeline |
ACAFP Lagged Returns
When evaluating ACAFP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACAFP bond have on its future price. ACAFP 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, ACAFP autocorrelation shows the relationship between ACAFP bond current value and its past values and can show if there is a momentum factor associated with investing in ACAFP 4125 10 JAN 27.
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 ACAFP Bond
ACAFP financial ratios help investors to determine whether ACAFP 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 ACAFP with respect to the benefits of owning ACAFP security.