GPK 1512 15 APR 26 Market Value
| 38869PAP9 | 89.09 5.67 5.98% |
| Symbol | 38869PAP9 |
Please note, there is a significant difference between 38869PAP9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 38869PAP9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 38869PAP9'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.
38869PAP9 '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 38869PAP9'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 38869PAP9.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in 38869PAP9 on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding GPK 1512 15 APR 26 or generate 0.0% return on investment in 38869PAP9 over 720 days. 38869PAP9 is related to or competes with BBB Foods, Taiwan Semiconductor, MACOM Technology, Teradyne, SunLink Health, Sea, and Everspin Technologies. More
38869PAP9 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 38869PAP9'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 GPK 1512 15 APR 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 10.3 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 0.6087 |
38869PAP9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 38869PAP9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 38869PAP9's standard deviation. In reality, there are many statistical measures that can use 38869PAP9 historical prices to predict the future 38869PAP9's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.71) |
GPK 1512 15 Backtested Returns
GPK 1512 15 secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the bond had a -0.14% return per unit of price deviation over the last 3 months. GPK 1512 15 APR 26 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 38869PAP9's Mean Deviation of 0.5867, coefficient of variation of (2,972), and Information Ratio of (0.12) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0828, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 38869PAP9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 38869PAP9 is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
GPK 1512 15 APR 26 has below average predictability. Overlapping area represents the amount of predictability between 38869PAP9 time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 GPK 1512 15 price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current 38869PAP9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
GPK 1512 15 lagged returns against current returns
Autocorrelation, which is 38869PAP9 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 38869PAP9's bond expected returns. We can calculate the autocorrelation of 38869PAP9 returns to help us make a trade decision. For example, suppose you find that 38869PAP9 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 |
38869PAP9 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 38869PAP9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 38869PAP9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 38869PAP9 bond over time.
Current vs Lagged Prices |
| Timeline |
38869PAP9 Lagged Returns
When evaluating 38869PAP9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 38869PAP9 bond have on its future price. 38869PAP9 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, 38869PAP9 autocorrelation shows the relationship between 38869PAP9 bond current value and its past values and can show if there is a momentum factor associated with investing in GPK 1512 15 APR 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 38869PAP9 Bond
38869PAP9 financial ratios help investors to determine whether 38869PAP9 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 38869PAP9 with respect to the benefits of owning 38869PAP9 security.