LIN 48 05 DEC 24 Market Value
| 53522KAA1 | 99.25 0.72 0.72% |
| Symbol | 53522KAA1 |
Please note, there is a significant difference between 53522KAA1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 53522KAA1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 53522KAA1'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.
53522KAA1 '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 53522KAA1'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 53522KAA1.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in 53522KAA1 on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding LIN 48 05 DEC 24 or generate 0.0% return on investment in 53522KAA1 over 30 days. 53522KAA1 is related to or competes with Mesa Air, Delek Logistics, Old Dominion, Norfolk Southern, Apogee Enterprises, Canlan Ice, and Skillful Craftsman. More
53522KAA1 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 53522KAA1'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 LIN 48 05 DEC 24 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.91) | |||
| Maximum Drawdown | 0.6112 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 0.2609 |
53522KAA1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 53522KAA1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 53522KAA1's standard deviation. In reality, there are many statistical measures that can use 53522KAA1 historical prices to predict the future 53522KAA1's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (1.04) |
LIN 48 05 Backtested Returns
LIN 48 05 secures Sharpe Ratio (or Efficiency) of -0.0592, which signifies that the bond had a -0.0592% return per unit of risk over the last 3 months. LIN 48 05 DEC 24 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 53522KAA1's variance of 0.0252, and Mean Deviation of 0.1067 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0166, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 53522KAA1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 53522KAA1 is expected to be smaller as well.
Auto-correlation | 0.11 |
Insignificant predictability
LIN 48 05 DEC 24 has insignificant predictability. Overlapping area represents the amount of predictability between 53522KAA1 time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 LIN 48 05 price movement. The serial correlation of 0.11 indicates that less than 11.0% of current 53522KAA1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
LIN 48 05 lagged returns against current returns
Autocorrelation, which is 53522KAA1 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 53522KAA1's bond expected returns. We can calculate the autocorrelation of 53522KAA1 returns to help us make a trade decision. For example, suppose you find that 53522KAA1 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 |
53522KAA1 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 53522KAA1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 53522KAA1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 53522KAA1 bond over time.
Current vs Lagged Prices |
| Timeline |
53522KAA1 Lagged Returns
When evaluating 53522KAA1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 53522KAA1 bond have on its future price. 53522KAA1 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, 53522KAA1 autocorrelation shows the relationship between 53522KAA1 bond current value and its past values and can show if there is a momentum factor associated with investing in LIN 48 05 DEC 24.
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 53522KAA1 Bond
53522KAA1 financial ratios help investors to determine whether 53522KAA1 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 53522KAA1 with respect to the benefits of owning 53522KAA1 security.