Iron Mountain 525 Market Value
| 46284VAE1 | 95.75 2.57 2.61% |
| Symbol | 46284VAE1 |
46284VAE1 '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 46284VAE1'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 46284VAE1.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in 46284VAE1 on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Iron Mountain 525 or generate 0.0% return on investment in 46284VAE1 over 30 days. 46284VAE1 is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
46284VAE1 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 46284VAE1'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 Iron Mountain 525 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 18.01 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.6982 |
46284VAE1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 46284VAE1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 46284VAE1's standard deviation. In reality, there are many statistical measures that can use 46284VAE1 historical prices to predict the future 46284VAE1's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 3.99 |
Iron Mountain 525 Backtested Returns
Iron Mountain 525 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of standard deviation over the last 3 months. Iron Mountain 525 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 46284VAE1's coefficient of variation of (4,695), and Mean Deviation of 0.5166 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0115, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 46284VAE1 are expected to decrease at a much lower rate. During the bear market, 46284VAE1 is likely to outperform the market.
Auto-correlation | 0.14 |
Insignificant predictability
Iron Mountain 525 has insignificant predictability. Overlapping area represents the amount of predictability between 46284VAE1 time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Iron Mountain 525 price movement. The serial correlation of 0.14 indicates that less than 14.0% of current 46284VAE1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 4.08 |
Iron Mountain 525 lagged returns against current returns
Autocorrelation, which is 46284VAE1 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 46284VAE1's bond expected returns. We can calculate the autocorrelation of 46284VAE1 returns to help us make a trade decision. For example, suppose you find that 46284VAE1 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 |
46284VAE1 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 46284VAE1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 46284VAE1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 46284VAE1 bond over time.
Current vs Lagged Prices |
| Timeline |
46284VAE1 Lagged Returns
When evaluating 46284VAE1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 46284VAE1 bond have on its future price. 46284VAE1 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, 46284VAE1 autocorrelation shows the relationship between 46284VAE1 bond current value and its past values and can show if there is a momentum factor associated with investing in Iron Mountain 525.
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 46284VAE1 Bond
46284VAE1 financial ratios help investors to determine whether 46284VAE1 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 46284VAE1 with respect to the benefits of owning 46284VAE1 security.