ISPIM 77 Market Value
| 46115HAU1 | 99.71 0.27 0.27% |
| Symbol | ISPIM |
Please note, there is a significant difference between ISPIM's value and its price as these two are different measures arrived at by different means. Investors typically determine if ISPIM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ISPIM'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.
ISPIM '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 ISPIM'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 ISPIM.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in ISPIM on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding ISPIM 77 or generate 0.0% return on investment in ISPIM over 30 days. ISPIM is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
ISPIM 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 ISPIM'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 ISPIM 77 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (2.94) | |||
| Maximum Drawdown | 0.3597 |
ISPIM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ISPIM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ISPIM's standard deviation. In reality, there are many statistical measures that can use ISPIM historical prices to predict the future ISPIM's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 3.06 |
ISPIM 77 Backtested Returns
ISPIM 77 holds Efficiency (Sharpe) Ratio of -0.0906, which attests that the entity had a -0.0906% return per unit of volatility over the last 3 months. ISPIM 77 exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ISPIM's market risk adjusted performance of 3.07, and Risk Adjusted Performance of (0.23) to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of -0.0046, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ISPIM are expected to decrease at a much lower rate. During the bear market, ISPIM is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
ISPIM 77 has no correlation between past and present. Overlapping area represents the amount of predictability between ISPIM 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 ISPIM 77 price movement. The serial correlation of 0.0 indicates that just 0.0% of current ISPIM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ISPIM 77 lagged returns against current returns
Autocorrelation, which is ISPIM 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 ISPIM's bond expected returns. We can calculate the autocorrelation of ISPIM returns to help us make a trade decision. For example, suppose you find that ISPIM 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 |
ISPIM 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 ISPIM bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ISPIM bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ISPIM bond over time.
Current vs Lagged Prices |
| Timeline |
ISPIM Lagged Returns
When evaluating ISPIM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ISPIM bond have on its future price. ISPIM 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, ISPIM autocorrelation shows the relationship between ISPIM bond current value and its past values and can show if there is a momentum factor associated with investing in ISPIM 77.
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 ISPIM Bond
ISPIM financial ratios help investors to determine whether ISPIM 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 ISPIM with respect to the benefits of owning ISPIM security.