HIG 698857 12 FEB 47 Market Value
| 416515BC7 | 89.12 0.00 0.00% |
| Symbol | 416515BC7 |
Please note, there is a significant difference between 416515BC7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 416515BC7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 416515BC7'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.
416515BC7 '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 416515BC7'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 416515BC7.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in 416515BC7 on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding HIG 698857 12 FEB 47 or generate 0.0% return on investment in 416515BC7 over 90 days. 416515BC7 is related to or competes with Willscot Mobile, Stratasys, Pinterest, Broadstone Net, Sphere Entertainment, Asure Software, and FTAI Aviation. More
416515BC7 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 416515BC7'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 HIG 698857 12 FEB 47 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.21 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.86 |
416515BC7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 416515BC7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 416515BC7's standard deviation. In reality, there are many statistical measures that can use 416515BC7 historical prices to predict the future 416515BC7's volatility.| Risk Adjusted Performance | 0.0247 | |||
| Jensen Alpha | 0.0543 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.16) |
HIG 698857 12 Backtested Returns
HIG 698857 12 secures Sharpe Ratio (or Efficiency) of -0.0981, which signifies that the bond had a -0.0981% return per unit of price deviation over the last 3 months. HIG 698857 12 FEB 47 exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 416515BC7's Mean Deviation of 0.7962, semi deviation of 1.73, and Standard Deviation of 1.57 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 416515BC7 are expected to decrease at a much lower rate. During the bear market, 416515BC7 is likely to outperform the market.
Auto-correlation | -0.36 |
Poor reverse predictability
HIG 698857 12 FEB 47 has poor reverse predictability. Overlapping area represents the amount of predictability between 416515BC7 time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 HIG 698857 12 price movement. The serial correlation of -0.36 indicates that just about 36.0% of current 416515BC7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 8.74 |
HIG 698857 12 lagged returns against current returns
Autocorrelation, which is 416515BC7 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 416515BC7's bond expected returns. We can calculate the autocorrelation of 416515BC7 returns to help us make a trade decision. For example, suppose you find that 416515BC7 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 |
416515BC7 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 416515BC7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 416515BC7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 416515BC7 bond over time.
Current vs Lagged Prices |
| Timeline |
416515BC7 Lagged Returns
When evaluating 416515BC7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 416515BC7 bond have on its future price. 416515BC7 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, 416515BC7 autocorrelation shows the relationship between 416515BC7 bond current value and its past values and can show if there is a momentum factor associated with investing in HIG 698857 12 FEB 47.
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 416515BC7 Bond
416515BC7 financial ratios help investors to determine whether 416515BC7 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 416515BC7 with respect to the benefits of owning 416515BC7 security.