ESPR 4 15 NOV 25 Market Value
| 29664WAB1 | 74.88 0.00 0.00% |
| Symbol | 29664WAB1 |
Please note, there is a significant difference between 29664WAB1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 29664WAB1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 29664WAB1'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.
29664WAB1 '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 29664WAB1'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 29664WAB1.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in 29664WAB1 on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding ESPR 4 15 NOV 25 or generate 0.0% return on investment in 29664WAB1 over 30 days. 29664WAB1 is related to or competes with Daily Journal, Afya, John Wiley, China Resources, Udemy, Ihuman, and Oatly Group. More
29664WAB1 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 29664WAB1'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 ESPR 4 15 NOV 25 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.38 | |||
| Information Ratio | 0.044 | |||
| Maximum Drawdown | 93.34 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 8.77 |
29664WAB1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 29664WAB1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 29664WAB1's standard deviation. In reality, there are many statistical measures that can use 29664WAB1 historical prices to predict the future 29664WAB1's volatility.| Risk Adjusted Performance | 0.0491 | |||
| Jensen Alpha | 0.5492 | |||
| Total Risk Alpha | 0.1747 | |||
| Sortino Ratio | 0.0413 | |||
| Treynor Ratio | (0.24) |
ESPR 4 15 Backtested Returns
ESPR 4 15 secures Sharpe Ratio (or Efficiency) of -0.26, which signifies that the bond had a -0.26 % return per unit of risk over the last 3 months. ESPR 4 15 NOV 25 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 29664WAB1's Downside Deviation of 11.38, coefficient of variation of 2115.86, and Mean Deviation of 3.89 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -2.11, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning 29664WAB1 are expected to decrease by larger amounts. On the other hand, during market turmoil, 29664WAB1 is expected to outperform it.
Auto-correlation | 0.27 |
Poor predictability
ESPR 4 15 NOV 25 has poor predictability. Overlapping area represents the amount of predictability between 29664WAB1 time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ESPR 4 15 price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current 29664WAB1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 109.08 |
ESPR 4 15 lagged returns against current returns
Autocorrelation, which is 29664WAB1 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 29664WAB1's bond expected returns. We can calculate the autocorrelation of 29664WAB1 returns to help us make a trade decision. For example, suppose you find that 29664WAB1 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 |
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29664WAB1 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 29664WAB1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 29664WAB1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 29664WAB1 bond over time.
Current vs Lagged Prices |
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29664WAB1 Lagged Returns
When evaluating 29664WAB1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 29664WAB1 bond have on its future price. 29664WAB1 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, 29664WAB1 autocorrelation shows the relationship between 29664WAB1 bond current value and its past values and can show if there is a momentum factor associated with investing in ESPR 4 15 NOV 25.
Regressed Prices |
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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 29664WAB1 Bond
29664WAB1 financial ratios help investors to determine whether 29664WAB1 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 29664WAB1 with respect to the benefits of owning 29664WAB1 security.