Iris Merger Sub Market Value
| 45774NAB4 | 99.76 0.00 0.00% |
| Symbol | 45774NAB4 |
45774NAB4 '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 45774NAB4'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 45774NAB4.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in 45774NAB4 on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Iris Merger Sub or generate 0.0% return on investment in 45774NAB4 over 570 days. 45774NAB4 is related to or competes with 00108WAF7, 90331HPL1, Bank of America, Take Two, Applied Blockchain, Itron, and Meta Platforms. More
45774NAB4 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 45774NAB4'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 Iris Merger Sub upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.19 | |||
| Information Ratio | 0.0617 | |||
| Maximum Drawdown | 14.67 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 2.95 |
45774NAB4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 45774NAB4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 45774NAB4's standard deviation. In reality, there are many statistical measures that can use 45774NAB4 historical prices to predict the future 45774NAB4's volatility.| Risk Adjusted Performance | 0.103 | |||
| Jensen Alpha | 0.224 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0557 | |||
| Treynor Ratio | 1.71 |
Iris Merger Sub Backtested Returns
Iris Merger Sub secures Sharpe Ratio (or Efficiency) of -0.0661, which signifies that the bond had a -0.0661% return per unit of volatility over the last 3 months. Iris Merger Sub exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 45774NAB4's Semi Deviation of 1.86, mean deviation of 1.09, and Market Risk Adjusted Performance of 1.72 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 45774NAB4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 45774NAB4 is expected to be smaller as well.
Auto-correlation | -0.05 |
Very weak reverse predictability
Iris Merger Sub has very weak reverse predictability. Overlapping area represents the amount of predictability between 45774NAB4 time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th 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 Iris Merger Sub price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current 45774NAB4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 20.59 |
Iris Merger Sub lagged returns against current returns
Autocorrelation, which is 45774NAB4 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 45774NAB4's bond expected returns. We can calculate the autocorrelation of 45774NAB4 returns to help us make a trade decision. For example, suppose you find that 45774NAB4 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 |
45774NAB4 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 45774NAB4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 45774NAB4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 45774NAB4 bond over time.
Current vs Lagged Prices |
| Timeline |
45774NAB4 Lagged Returns
When evaluating 45774NAB4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 45774NAB4 bond have on its future price. 45774NAB4 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, 45774NAB4 autocorrelation shows the relationship between 45774NAB4 bond current value and its past values and can show if there is a momentum factor associated with investing in Iris Merger Sub.
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 45774NAB4 Bond
45774NAB4 financial ratios help investors to determine whether 45774NAB4 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 45774NAB4 with respect to the benefits of owning 45774NAB4 security.