LBTCOR 10875 15 JAN 31 Market Value
| 530371AA1 | 93.72 13.41 12.52% |
| Symbol | LBTCOR |
Please note, there is a significant difference between LBTCOR's value and its price as these two are different measures arrived at by different means. Investors typically determine if LBTCOR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LBTCOR'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.
LBTCOR '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 LBTCOR'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 LBTCOR.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in LBTCOR on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding LBTCOR 10875 15 JAN 31 or generate 0.0% return on investment in LBTCOR over 30 days. LBTCOR is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
LBTCOR 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 LBTCOR'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 LBTCOR 10875 15 JAN 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 16.94 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.6 |
LBTCOR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LBTCOR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LBTCOR's standard deviation. In reality, there are many statistical measures that can use LBTCOR historical prices to predict the future LBTCOR's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.33) |
LBTCOR 10875 15 Backtested Returns
LBTCOR 10875 15 has Sharpe Ratio of -0.25, which conveys that the bond had a -0.25% return per unit of standard deviation over the last 3 months. LBTCOR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LBTCOR's mean deviation of 1.18, and Standard Deviation of 2.79 to check out the risk estimate we provide. The entity secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LBTCOR's returns are expected to increase less than the market. However, during the bear market, the loss of holding LBTCOR is expected to be smaller as well.
Auto-correlation | 0.56 |
Modest predictability
LBTCOR 10875 15 JAN 31 has modest predictability. Overlapping area represents the amount of predictability between LBTCOR time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 LBTCOR 10875 15 price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current LBTCOR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 35.2 |
LBTCOR 10875 15 lagged returns against current returns
Autocorrelation, which is LBTCOR 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 LBTCOR's bond expected returns. We can calculate the autocorrelation of LBTCOR returns to help us make a trade decision. For example, suppose you find that LBTCOR 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 |
LBTCOR 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 LBTCOR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LBTCOR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LBTCOR bond over time.
Current vs Lagged Prices |
| Timeline |
LBTCOR Lagged Returns
When evaluating LBTCOR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LBTCOR bond have on its future price. LBTCOR 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, LBTCOR autocorrelation shows the relationship between LBTCOR bond current value and its past values and can show if there is a momentum factor associated with investing in LBTCOR 10875 15 JAN 31.
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 LBTCOR Bond
LBTCOR financial ratios help investors to determine whether LBTCOR 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 LBTCOR with respect to the benefits of owning LBTCOR security.