RRD 6625 15 APR 29 Market Value
| 257867AG6 | 89.18 6.54 6.83% |
| Symbol | 257867AG6 |
Please note, there is a significant difference between 257867AG6's value and its price as these two are different measures arrived at by different means. Investors typically determine if 257867AG6 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 257867AG6'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.
257867AG6 '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 257867AG6'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 257867AG6.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in 257867AG6 on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding RRD 6625 15 APR 29 or generate 0.0% return on investment in 257867AG6 over 90 days. 257867AG6 is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
257867AG6 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 257867AG6'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 RRD 6625 15 APR 29 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.9 | |||
| Information Ratio | 0.0047 | |||
| Maximum Drawdown | 40.59 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 4.57 |
257867AG6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 257867AG6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 257867AG6's standard deviation. In reality, there are many statistical measures that can use 257867AG6 historical prices to predict the future 257867AG6's volatility.| Risk Adjusted Performance | 0.0342 | |||
| Jensen Alpha | 0.059 | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | 0.0053 | |||
| Treynor Ratio | 0.2057 |
RRD 6625 15 Backtested Returns
At this point, 257867AG6 is very steady. RRD 6625 15 secures Sharpe Ratio (or Efficiency) of 0.0363, which signifies that the bond had a 0.0363% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for RRD 6625 15 APR 29, which you can use to evaluate the volatility of the entity. Please confirm 257867AG6's Market Risk Adjusted Performance of 0.2157, standard deviation of 4.4, and Mean Deviation of 2.5 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. The bond shows a Beta (market volatility) of 0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 257867AG6's returns are expected to increase less than the market. However, during the bear market, the loss of holding 257867AG6 is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
RRD 6625 15 APR 29 has no correlation between past and present. Overlapping area represents the amount of predictability between 257867AG6 time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 RRD 6625 15 price movement. The serial correlation of 0.0 indicates that just 0.0% of current 257867AG6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 7.0 |
RRD 6625 15 lagged returns against current returns
Autocorrelation, which is 257867AG6 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 257867AG6's bond expected returns. We can calculate the autocorrelation of 257867AG6 returns to help us make a trade decision. For example, suppose you find that 257867AG6 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 |
257867AG6 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 257867AG6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 257867AG6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 257867AG6 bond over time.
Current vs Lagged Prices |
| Timeline |
257867AG6 Lagged Returns
When evaluating 257867AG6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 257867AG6 bond have on its future price. 257867AG6 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, 257867AG6 autocorrelation shows the relationship between 257867AG6 bond current value and its past values and can show if there is a momentum factor associated with investing in RRD 6625 15 APR 29.
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 257867AG6 Bond
257867AG6 financial ratios help investors to determine whether 257867AG6 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 257867AG6 with respect to the benefits of owning 257867AG6 security.