EDVLN 5 14 OCT 26 Market Value
| 29261HAA3 | 97.26 0.24 0.25% |
| Symbol | EDVLN |
Please note, there is a significant difference between EDVLN's value and its price as these two are different measures arrived at by different means. Investors typically determine if EDVLN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDVLN'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.
EDVLN '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 EDVLN'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 EDVLN.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in EDVLN on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding EDVLN 5 14 OCT 26 or generate 0.0% return on investment in EDVLN over 300 days. EDVLN is related to or competes with Spyre Therapeutics, Lipocine, Atmos Energy, BioNTech, Apogee Therapeutics,, Aris Water, and NRG Energy. More
EDVLN 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 EDVLN'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 EDVLN 5 14 OCT 26 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9243 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 3.78 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.48 |
EDVLN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EDVLN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EDVLN's standard deviation. In reality, there are many statistical measures that can use EDVLN historical prices to predict the future EDVLN's volatility.| Risk Adjusted Performance | 0.1166 | |||
| Jensen Alpha | 0.0924 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.599 |
EDVLN 5 14 Backtested Returns
At this point, EDVLN is very steady. EDVLN 5 14 secures Sharpe Ratio (or Efficiency) of 0.028, which denotes the bond had a 0.028% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for EDVLN 5 14 OCT 26, which you can use to evaluate the volatility of the entity. Please confirm EDVLN's Market Risk Adjusted Performance of 0.609, downside deviation of 0.9243, and Mean Deviation of 0.629 to check if the risk estimate we provide is consistent with the expected return of 0.0147%. The bond shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, EDVLN's returns are expected to increase less than the market. However, during the bear market, the loss of holding EDVLN is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
EDVLN 5 14 OCT 26 has good predictability. Overlapping area represents the amount of predictability between EDVLN time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 EDVLN 5 14 price movement. The serial correlation of 0.67 indicates that around 67.0% of current EDVLN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
EDVLN 5 14 lagged returns against current returns
Autocorrelation, which is EDVLN 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 EDVLN's bond expected returns. We can calculate the autocorrelation of EDVLN returns to help us make a trade decision. For example, suppose you find that EDVLN 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 |
EDVLN 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 EDVLN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EDVLN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EDVLN bond over time.
Current vs Lagged Prices |
| Timeline |
EDVLN Lagged Returns
When evaluating EDVLN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EDVLN bond have on its future price. EDVLN 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, EDVLN autocorrelation shows the relationship between EDVLN bond current value and its past values and can show if there is a momentum factor associated with investing in EDVLN 5 14 OCT 26.
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 EDVLN Bond
EDVLN financial ratios help investors to determine whether EDVLN 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 EDVLN with respect to the benefits of owning EDVLN security.