FNF 32 17 SEP 51 Market Value
| 31620RAL9 | 62.75 0.70 1.13% |
| Symbol | 31620RAL9 |
Please note, there is a significant difference between 31620RAL9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 31620RAL9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 31620RAL9'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.
31620RAL9 '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 31620RAL9'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 31620RAL9.
| 03/20/2023 |
| 03/09/2025 |
If you would invest 0.00 in 31620RAL9 on March 20, 2023 and sell it all today you would earn a total of 0.00 from holding FNF 32 17 SEP 51 or generate 0.0% return on investment in 31620RAL9 over 720 days. 31620RAL9 is related to or competes with Tesla, Bassett Furniture, JBG SMITH, Reservoir Media, NETGEAR, and Pinterest. More
31620RAL9 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 31620RAL9'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 FNF 32 17 SEP 51 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.74 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 2.06 |
31620RAL9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 31620RAL9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 31620RAL9's standard deviation. In reality, there are many statistical measures that can use 31620RAL9 historical prices to predict the future 31620RAL9's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.0261 | |||
| Treynor Ratio | 0.2176 |
FNF 32 17 Backtested Returns
At this point, 31620RAL9 is very steady. FNF 32 17 secures Sharpe Ratio (or Efficiency) of 0.0324, which signifies that the bond had a 0.0324 % return per unit of price deviation over the last 3 months. We have found twenty-one technical indicators for FNF 32 17 SEP 51, which you can use to evaluate the volatility of the entity. Please confirm 31620RAL9's Information Ratio of (0.02), standard deviation of 1.38, and Mean Deviation of 1.1 to double-check if the risk estimate we provide is consistent with the expected return of 0.0507%. The bond shows a Beta (market volatility) of -0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 31620RAL9 are expected to decrease at a much lower rate. During the bear market, 31620RAL9 is likely to outperform the market.
Auto-correlation | 0.12 |
Insignificant predictability
FNF 32 17 SEP 51 has insignificant predictability. Overlapping area represents the amount of predictability between 31620RAL9 time series from 20th of March 2023 to 14th of March 2024 and 14th of March 2024 to 9th of March 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 FNF 32 17 price movement. The serial correlation of 0.12 indicates that less than 12.0% of current 31620RAL9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 4.19 |
FNF 32 17 lagged returns against current returns
Autocorrelation, which is 31620RAL9 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 31620RAL9's bond expected returns. We can calculate the autocorrelation of 31620RAL9 returns to help us make a trade decision. For example, suppose you find that 31620RAL9 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 |
31620RAL9 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 31620RAL9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 31620RAL9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 31620RAL9 bond over time.
Current vs Lagged Prices |
| Timeline |
31620RAL9 Lagged Returns
When evaluating 31620RAL9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 31620RAL9 bond have on its future price. 31620RAL9 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, 31620RAL9 autocorrelation shows the relationship between 31620RAL9 bond current value and its past values and can show if there is a momentum factor associated with investing in FNF 32 17 SEP 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 31620RAL9 Bond
31620RAL9 financial ratios help investors to determine whether 31620RAL9 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 31620RAL9 with respect to the benefits of owning 31620RAL9 security.