INVH 27 15 JAN 34 Market Value
| 46188BAC6 | 78.55 3.03 3.71% |
| Symbol | 46188BAC6 |
Please note, there is a significant difference between 46188BAC6's value and its price as these two are different measures arrived at by different means. Investors typically determine if 46188BAC6 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 46188BAC6'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.
46188BAC6 '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 46188BAC6'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 46188BAC6.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in 46188BAC6 on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding INVH 27 15 JAN 34 or generate 0.0% return on investment in 46188BAC6 over 570 days. 46188BAC6 is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
46188BAC6 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 46188BAC6'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 INVH 27 15 JAN 34 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.24 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.9343 |
46188BAC6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 46188BAC6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 46188BAC6's standard deviation. In reality, there are many statistical measures that can use 46188BAC6 historical prices to predict the future 46188BAC6's volatility.| Risk Adjusted Performance | 0.0017 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.4199 |
INVH 27 15 Backtested Returns
At this point, 46188BAC6 is very steady. INVH 27 15 secures Sharpe Ratio (or Efficiency) of 0.0081, which signifies that the bond had a 0.0081% return per unit of return volatility over the last 3 months. We have found twenty-one technical indicators for INVH 27 15 JAN 34, which you can use to evaluate the volatility of the entity. Please confirm 46188BAC6's Mean Deviation of 0.8583, standard deviation of 2.39, and Coefficient Of Variation of (15,055) to double-check if the risk estimate we provide is consistent with the expected return of 0.0083%. The bond shows a Beta (market volatility) of -0.0616, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 46188BAC6 are expected to decrease at a much lower rate. During the bear market, 46188BAC6 is likely to outperform the market.
Auto-correlation | 0.69 |
Good predictability
INVH 27 15 JAN 34 has good predictability. Overlapping area represents the amount of predictability between 46188BAC6 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 INVH 27 15 price movement. The serial correlation of 0.69 indicates that around 69.0% of current 46188BAC6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 2.52 |
INVH 27 15 lagged returns against current returns
Autocorrelation, which is 46188BAC6 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 46188BAC6's bond expected returns. We can calculate the autocorrelation of 46188BAC6 returns to help us make a trade decision. For example, suppose you find that 46188BAC6 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 |
46188BAC6 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 46188BAC6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 46188BAC6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 46188BAC6 bond over time.
Current vs Lagged Prices |
| Timeline |
46188BAC6 Lagged Returns
When evaluating 46188BAC6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 46188BAC6 bond have on its future price. 46188BAC6 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, 46188BAC6 autocorrelation shows the relationship between 46188BAC6 bond current value and its past values and can show if there is a momentum factor associated with investing in INVH 27 15 JAN 34.
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 46188BAC6 Bond
46188BAC6 financial ratios help investors to determine whether 46188BAC6 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 46188BAC6 with respect to the benefits of owning 46188BAC6 security.