HEIANA 4 01 OCT 42 Market Value
| 423012AE3 | 86.03 0.96 1.13% |
| Symbol | HEIANA |
Please note, there is a significant difference between HEIANA's value and its price as these two are different measures arrived at by different means. Investors typically determine if HEIANA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HEIANA'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.
HEIANA '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 HEIANA'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 HEIANA.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in HEIANA on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding HEIANA 4 01 OCT 42 or generate 0.0% return on investment in HEIANA over 30 days. HEIANA is related to or competes with Paysafe, Lindblad Expeditions, Senmiao Technology, Hafnia, Kaltura, Radcom, and Mesa Air. More
HEIANA 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 HEIANA'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 HEIANA 4 01 OCT 42 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.02 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 1.91 |
HEIANA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HEIANA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HEIANA's standard deviation. In reality, there are many statistical measures that can use HEIANA historical prices to predict the future HEIANA's volatility.| Risk Adjusted Performance | 0.0148 | |||
| Jensen Alpha | 0.0053 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.2506 |
HEIANA 4 01 Backtested Returns
HEIANA 4 01 holds Efficiency (Sharpe) Ratio of -0.0109, which attests that the entity had a -0.0109% return per unit of risk over the last 3 months. HEIANA 4 01 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HEIANA's Market Risk Adjusted Performance of 0.2606, semi deviation of 1.34, and Risk Adjusted Performance of 0.0148 to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.0427, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HEIANA's returns are expected to increase less than the market. However, during the bear market, the loss of holding HEIANA is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
HEIANA 4 01 OCT 42 has poor predictability. Overlapping area represents the amount of predictability between HEIANA time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 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 HEIANA 4 01 price movement. The serial correlation of 0.25 indicates that over 25.0% of current HEIANA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
HEIANA 4 01 lagged returns against current returns
Autocorrelation, which is HEIANA 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 HEIANA's bond expected returns. We can calculate the autocorrelation of HEIANA returns to help us make a trade decision. For example, suppose you find that HEIANA 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 |
HEIANA 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 HEIANA bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HEIANA bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HEIANA bond over time.
Current vs Lagged Prices |
| Timeline |
HEIANA Lagged Returns
When evaluating HEIANA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HEIANA bond have on its future price. HEIANA 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, HEIANA autocorrelation shows the relationship between HEIANA bond current value and its past values and can show if there is a momentum factor associated with investing in HEIANA 4 01 OCT 42.
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 HEIANA Bond
HEIANA financial ratios help investors to determine whether HEIANA 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 HEIANA with respect to the benefits of owning HEIANA security.