HYNMTR 165 17 SEP 26 Market Value
| 44891CBZ5 | 88.46 0.00 0.00% |
| Symbol | HYNMTR |
Please note, there is a significant difference between HYNMTR's value and its price as these two are different measures arrived at by different means. Investors typically determine if HYNMTR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HYNMTR'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.
HYNMTR '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 HYNMTR'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 HYNMTR.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in HYNMTR on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding HYNMTR 165 17 SEP 26 or generate 0.0% return on investment in HYNMTR over 30 days. HYNMTR is related to or competes with 00108WAF7, 90331HPL1, Albertsons Companies, Copart, Jefferies Financial, Marvell Technology, and Kaival Brands. More
HYNMTR 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 HYNMTR'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 HYNMTR 165 17 SEP 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.65 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.6326 |
HYNMTR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HYNMTR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HYNMTR's standard deviation. In reality, there are many statistical measures that can use HYNMTR historical prices to predict the future HYNMTR's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 3.81 |
HYNMTR 165 17 Backtested Returns
HYNMTR 165 17 holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18 % return per unit of volatility over the last 3 months. HYNMTR 165 17 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HYNMTR's market risk adjusted performance of 3.82, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of -0.0198, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning HYNMTR are expected to decrease at a much lower rate. During the bear market, HYNMTR is likely to outperform the market.
Auto-correlation | 0.57 |
Modest predictability
HYNMTR 165 17 SEP 26 has modest predictability. Overlapping area represents the amount of predictability between HYNMTR time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HYNMTR 165 17 price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current HYNMTR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
HYNMTR 165 17 lagged returns against current returns
Autocorrelation, which is HYNMTR 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 HYNMTR's bond expected returns. We can calculate the autocorrelation of HYNMTR returns to help us make a trade decision. For example, suppose you find that HYNMTR 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 |
HYNMTR 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 HYNMTR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HYNMTR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HYNMTR bond over time.
Current vs Lagged Prices |
| Timeline |
HYNMTR Lagged Returns
When evaluating HYNMTR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HYNMTR bond have on its future price. HYNMTR 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, HYNMTR autocorrelation shows the relationship between HYNMTR bond current value and its past values and can show if there is a momentum factor associated with investing in HYNMTR 165 17 SEP 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 HYNMTR Bond
HYNMTR financial ratios help investors to determine whether HYNMTR 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 HYNMTR with respect to the benefits of owning HYNMTR security.