JABHOL 45 08 APR 52 Market Value
| 46653KAC2 | 77.74 0.00 0.00% |
| Symbol | JABHOL |
Please note, there is a significant difference between JABHOL's value and its price as these two are different measures arrived at by different means. Investors typically determine if JABHOL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JABHOL'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.
JABHOL '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 JABHOL'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 JABHOL.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in JABHOL on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding JABHOL 45 08 APR 52 or generate 0.0% return on investment in JABHOL over 30 days. JABHOL is related to or competes with Sphere Entertainment, BJs Restaurants, BCE, Ziff Davis, Playa Hotels, and Weibo Corp. More
JABHOL 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 JABHOL'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 JABHOL 45 08 APR 52 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.46 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 3.78 |
JABHOL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JABHOL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JABHOL's standard deviation. In reality, there are many statistical measures that can use JABHOL historical prices to predict the future JABHOL's volatility.| Risk Adjusted Performance | 0.0427 | |||
| Jensen Alpha | 0.0749 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4667 |
JABHOL 45 08 Backtested Returns
JABHOL 45 08 retains Efficiency (Sharpe Ratio) of -0.0341, which attests that the bond had a -0.0341% return per unit of return volatility over the last 3 months. JABHOL exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JABHOL's Market Risk Adjusted Performance of 0.4767, downside deviation of 2.46, and Semi Deviation of 2.25 to validate the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JABHOL's returns are expected to increase less than the market. However, during the bear market, the loss of holding JABHOL is expected to be smaller as well.
Auto-correlation | 1.00 |
Perfect predictability
JABHOL 45 08 APR 52 has perfect predictability. Overlapping area represents the amount of predictability between JABHOL time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 JABHOL 45 08 price movement. The serial correlation of 1.0 indicates that 100.0% of current JABHOL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
JABHOL 45 08 lagged returns against current returns
Autocorrelation, which is JABHOL 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 JABHOL's bond expected returns. We can calculate the autocorrelation of JABHOL returns to help us make a trade decision. For example, suppose you find that JABHOL 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 |
JABHOL 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 JABHOL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JABHOL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JABHOL bond over time.
Current vs Lagged Prices |
| Timeline |
JABHOL Lagged Returns
When evaluating JABHOL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JABHOL bond have on its future price. JABHOL 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, JABHOL autocorrelation shows the relationship between JABHOL bond current value and its past values and can show if there is a momentum factor associated with investing in JABHOL 45 08 APR 52.
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 JABHOL Bond
JABHOL financial ratios help investors to determine whether JABHOL 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 JABHOL with respect to the benefits of owning JABHOL security.