IHO Verwaltungs 6375 Market Value
| 44963BAD0 | 96.38 0.15 0.16% |
| Symbol | 44963BAD0 |
44963BAD0 '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 44963BAD0'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 44963BAD0.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in 44963BAD0 on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding IHO Verwaltungs 6375 or generate 0.0% return on investment in 44963BAD0 over 720 days. 44963BAD0 is related to or competes with Saia, Weibo Corp, Pinterest, Paysafe, Iridium Communications, Old Dominion, and Radcom. More
44963BAD0 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 44963BAD0'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 IHO Verwaltungs 6375 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.56) | |||
| Maximum Drawdown | 1.69 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 0.5168 |
44963BAD0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 44963BAD0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 44963BAD0's standard deviation. In reality, there are many statistical measures that can use 44963BAD0 historical prices to predict the future 44963BAD0's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 1.36 |
IHO Verwaltungs 6375 Backtested Returns
IHO Verwaltungs 6375 secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the bond had a -0.15% return per unit of risk over the last 3 months. IHO Verwaltungs 6375 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 44963BAD0's Variance of 0.1206, mean deviation of 0.276, and Coefficient Of Variation of (616.66) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0489, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 44963BAD0 are expected to decrease at a much lower rate. During the bear market, 44963BAD0 is likely to outperform the market.
Auto-correlation | 0.13 |
Insignificant predictability
IHO Verwaltungs 6375 has insignificant predictability. Overlapping area represents the amount of predictability between 44963BAD0 time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 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 IHO Verwaltungs 6375 price movement. The serial correlation of 0.13 indicates that less than 13.0% of current 44963BAD0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
IHO Verwaltungs 6375 lagged returns against current returns
Autocorrelation, which is 44963BAD0 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 44963BAD0's bond expected returns. We can calculate the autocorrelation of 44963BAD0 returns to help us make a trade decision. For example, suppose you find that 44963BAD0 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 |
44963BAD0 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 44963BAD0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 44963BAD0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 44963BAD0 bond over time.
Current vs Lagged Prices |
| Timeline |
44963BAD0 Lagged Returns
When evaluating 44963BAD0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 44963BAD0 bond have on its future price. 44963BAD0 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, 44963BAD0 autocorrelation shows the relationship between 44963BAD0 bond current value and its past values and can show if there is a momentum factor associated with investing in IHO Verwaltungs 6375.
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 44963BAD0 Bond
44963BAD0 financial ratios help investors to determine whether 44963BAD0 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 44963BAD0 with respect to the benefits of owning 44963BAD0 security.