HBAN 5699 18 NOV 25 Market Value
| 44644MAH4 | 100.64 0.00 0.00% |
| Symbol | 44644MAH4 |
Please note, there is a significant difference between 44644MAH4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 44644MAH4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 44644MAH4'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.
44644MAH4 '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 44644MAH4'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 44644MAH4.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in 44644MAH4 on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding HBAN 5699 18 NOV 25 or generate 0.0% return on investment in 44644MAH4 over 30 days. 44644MAH4 is related to or competes with National Beverage, Primo Brands, Waters, Cumberland Pharmaceuticals, Repligen, and Viemed Healthcare. More
44644MAH4 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 44644MAH4'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 HBAN 5699 18 NOV 25 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5915 | |||
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 3.7 | |||
| Value At Risk | (0.16) | |||
| Potential Upside | 0.18 |
44644MAH4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 44644MAH4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 44644MAH4's standard deviation. In reality, there are many statistical measures that can use 44644MAH4 historical prices to predict the future 44644MAH4's volatility.| Risk Adjusted Performance | 0.0167 | |||
| Jensen Alpha | 6.0E-4 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 0.1395 |
HBAN 5699 18 Backtested Returns
At this point, 44644MAH4 is very steady. HBAN 5699 18 retains Efficiency (Sharpe Ratio) of 0.0339, which signifies that the bond had a 0.0339% return per unit of price deviation over the last 3 months. We have found twenty-five technical indicators for 44644MAH4, which you can use to evaluate the volatility of the entity. Please confirm 44644MAH4's Standard Deviation of 0.5129, market risk adjusted performance of 0.1495, and Semi Deviation of 0.426 to double-check if the risk estimate we provide is consistent with the expected return of 0.0269%. The entity owns a Beta (Systematic Risk) of 0.0319, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 44644MAH4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 44644MAH4 is expected to be smaller as well.
Auto-correlation | -0.52 |
Good reverse predictability
HBAN 5699 18 NOV 25 has good reverse predictability. Overlapping area represents the amount of predictability between 44644MAH4 time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 HBAN 5699 18 price movement. The serial correlation of -0.52 indicates that about 52.0% of current 44644MAH4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
HBAN 5699 18 lagged returns against current returns
Autocorrelation, which is 44644MAH4 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 44644MAH4's bond expected returns. We can calculate the autocorrelation of 44644MAH4 returns to help us make a trade decision. For example, suppose you find that 44644MAH4 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 |
44644MAH4 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 44644MAH4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 44644MAH4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 44644MAH4 bond over time.
Current vs Lagged Prices |
| Timeline |
44644MAH4 Lagged Returns
When evaluating 44644MAH4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 44644MAH4 bond have on its future price. 44644MAH4 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, 44644MAH4 autocorrelation shows the relationship between 44644MAH4 bond current value and its past values and can show if there is a momentum factor associated with investing in HBAN 5699 18 NOV 25.
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 44644MAH4 Bond
44644MAH4 financial ratios help investors to determine whether 44644MAH4 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 44644MAH4 with respect to the benefits of owning 44644MAH4 security.