FMEGR 2375 16 FEB 31 Market Value
| 35805BAB4 | 82.16 0.85 1.02% |
| Symbol | FMEGR |
Please note, there is a significant difference between FMEGR's value and its price as these two are different measures arrived at by different means. Investors typically determine if FMEGR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FMEGR'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.
FMEGR '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 FMEGR'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 FMEGR.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in FMEGR on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding FMEGR 2375 16 FEB 31 or generate 0.0% return on investment in FMEGR over 30 days. FMEGR is related to or competes with Evertz Technologies, Aldel Financial, Asure Software, Digi International, Lipocine, and Perseus Mining. More
FMEGR 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 FMEGR'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 FMEGR 2375 16 FEB 31 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3445 | |||
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 1.96 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.6665 |
FMEGR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FMEGR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FMEGR's standard deviation. In reality, there are many statistical measures that can use FMEGR historical prices to predict the future FMEGR's volatility.| Risk Adjusted Performance | 0.0466 | |||
| Jensen Alpha | 0.0208 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | (0.95) |
FMEGR 2375 16 Backtested Returns
FMEGR 2375 16 secures Sharpe Ratio (or Efficiency) of -0.0281, which denotes the bond had a -0.0281% return per unit of return volatility over the last 3 months. FMEGR 2375 16 FEB 31 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FMEGR's mean deviation of 0.2965, and Downside Deviation of 0.3445 to check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0194, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FMEGR are expected to decrease at a much lower rate. During the bear market, FMEGR is likely to outperform the market.
Auto-correlation | -0.12 |
Insignificant reverse predictability
FMEGR 2375 16 FEB 31 has insignificant reverse predictability. Overlapping area represents the amount of predictability between FMEGR time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 FMEGR 2375 16 price movement. The serial correlation of -0.12 indicates that less than 12.0% of current FMEGR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
FMEGR 2375 16 lagged returns against current returns
Autocorrelation, which is FMEGR 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 FMEGR's bond expected returns. We can calculate the autocorrelation of FMEGR returns to help us make a trade decision. For example, suppose you find that FMEGR 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 |
FMEGR 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 FMEGR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FMEGR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FMEGR bond over time.
Current vs Lagged Prices |
| Timeline |
FMEGR Lagged Returns
When evaluating FMEGR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FMEGR bond have on its future price. FMEGR 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, FMEGR autocorrelation shows the relationship between FMEGR bond current value and its past values and can show if there is a momentum factor associated with investing in FMEGR 2375 16 FEB 31.
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 FMEGR Bond
FMEGR financial ratios help investors to determine whether FMEGR 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 FMEGR with respect to the benefits of owning FMEGR security.