FITB 1707 01 NOV 27 Market Value
| 316773DD9 | 89.83 4.62 4.89% |
| Symbol | 316773DD9 |
Please note, there is a significant difference between 316773DD9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 316773DD9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 316773DD9'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.
316773DD9 '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 316773DD9'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 316773DD9.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in 316773DD9 on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding FITB 1707 01 NOV 27 or generate 0.0% return on investment in 316773DD9 over 720 days. 316773DD9 is related to or competes with WEBTOON Entertainment, Acco Brands, Daily Journal, Afya, Alaska Air, and Sun Country. More
316773DD9 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 316773DD9'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 FITB 1707 01 NOV 27 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 0.7849 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.18 |
316773DD9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 316773DD9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 316773DD9's standard deviation. In reality, there are many statistical measures that can use 316773DD9 historical prices to predict the future 316773DD9's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.78) |
FITB 1707 01 Backtested Returns
FITB 1707 01 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of risk over the last 3 months. FITB 1707 01 NOV 27 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 316773DD9's Variance of 0.4062, mean deviation of 0.2036, and Standard Deviation of 0.6374 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0995, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 316773DD9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 316773DD9 is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
FITB 1707 01 NOV 27 has insignificant reverse predictability. Overlapping area represents the amount of predictability between 316773DD9 time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 FITB 1707 01 price movement. The serial correlation of -0.15 indicates that less than 15.0% of current 316773DD9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 2.19 |
FITB 1707 01 lagged returns against current returns
Autocorrelation, which is 316773DD9 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 316773DD9's bond expected returns. We can calculate the autocorrelation of 316773DD9 returns to help us make a trade decision. For example, suppose you find that 316773DD9 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 |
316773DD9 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 316773DD9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 316773DD9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 316773DD9 bond over time.
Current vs Lagged Prices |
| Timeline |
316773DD9 Lagged Returns
When evaluating 316773DD9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 316773DD9 bond have on its future price. 316773DD9 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, 316773DD9 autocorrelation shows the relationship between 316773DD9 bond current value and its past values and can show if there is a momentum factor associated with investing in FITB 1707 01 NOV 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 316773DD9 Bond
316773DD9 financial ratios help investors to determine whether 316773DD9 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 316773DD9 with respect to the benefits of owning 316773DD9 security.