KMI 545 01 AUG 52 Market Value
| 49456BAW1 | 94.75 6.29 6.23% |
| Symbol | 49456BAW1 |
Please note, there is a significant difference between 49456BAW1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 49456BAW1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 49456BAW1'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.
49456BAW1 '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 49456BAW1'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 49456BAW1.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in 49456BAW1 on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding KMI 545 01 AUG 52 or generate 0.0% return on investment in 49456BAW1 over 540 days. 49456BAW1 is related to or competes with United Rentals, Vestis, FTAI Aviation, Grupo Simec, Air Lease, Willscot Mobile, and Kaiser Aluminum. More
49456BAW1 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 49456BAW1'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 KMI 545 01 AUG 52 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 15.16 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 3.0 |
49456BAW1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 49456BAW1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 49456BAW1's standard deviation. In reality, there are many statistical measures that can use 49456BAW1 historical prices to predict the future 49456BAW1's volatility.| Risk Adjusted Performance | 0.0065 | |||
| Jensen Alpha | 0.0803 | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.0137 |
KMI 545 01 Backtested Returns
At this point, 49456BAW1 is very steady. KMI 545 01 secures Sharpe Ratio (or Efficiency) of 0.0214, which signifies that the bond had a 0.0214% return per unit of price deviation over the last 3 months. We have found twenty-two technical indicators for KMI 545 01 AUG 52, which you can use to evaluate the volatility of the entity. Please confirm 49456BAW1's mean deviation of 1.24, and Information Ratio of (0.05) to double-check if the risk estimate we provide is consistent with the expected return of 0.0333%. The bond shows a Beta (market volatility) of -0.79, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 49456BAW1 are expected to decrease at a much lower rate. During the bear market, 49456BAW1 is likely to outperform the market.
Auto-correlation | 0.39 |
Below average predictability
KMI 545 01 AUG 52 has below average predictability. Overlapping area represents the amount of predictability between 49456BAW1 time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 KMI 545 01 price movement. The serial correlation of 0.39 indicates that just about 39.0% of current 49456BAW1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 4.8 |
KMI 545 01 lagged returns against current returns
Autocorrelation, which is 49456BAW1 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 49456BAW1's bond expected returns. We can calculate the autocorrelation of 49456BAW1 returns to help us make a trade decision. For example, suppose you find that 49456BAW1 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 |
49456BAW1 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 49456BAW1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 49456BAW1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 49456BAW1 bond over time.
Current vs Lagged Prices |
| Timeline |
49456BAW1 Lagged Returns
When evaluating 49456BAW1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 49456BAW1 bond have on its future price. 49456BAW1 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, 49456BAW1 autocorrelation shows the relationship between 49456BAW1 bond current value and its past values and can show if there is a momentum factor associated with investing in KMI 545 01 AUG 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 49456BAW1 Bond
49456BAW1 financial ratios help investors to determine whether 49456BAW1 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 49456BAW1 with respect to the benefits of owning 49456BAW1 security.