US540424AT59 Market Value
| 540424AT5 | 92.72 0.43 0.47% |
| Symbol | 540424AT5 |
Please note, there is a significant difference between 540424AT5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 540424AT5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 540424AT5'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.
540424AT5 '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 540424AT5'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 540424AT5.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in 540424AT5 on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding US540424AT59 or generate 0.0% return on investment in 540424AT5 over 720 days. 540424AT5 is related to or competes with 00108WAF7, 90331HPL1, PayPal Holdings, IONQ, Nasdaq, Vertiv Holdings, and Microsoft. More
540424AT5 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 540424AT5'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 US540424AT59 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 15.41 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 1.22 |
540424AT5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 540424AT5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 540424AT5's standard deviation. In reality, there are many statistical measures that can use 540424AT5 historical prices to predict the future 540424AT5's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.3609 |
US540424AT59 Backtested Returns
US540424AT59 retains Efficiency (Sharpe Ratio) of -0.0804, which signifies that the bond had a -0.0804% return per unit of price deviation over the last 3 months. 540424AT5 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 540424AT5's Variance of 3.68, coefficient of variation of (2,788), and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 540424AT5 are expected to decrease at a much lower rate. During the bear market, 540424AT5 is likely to outperform the market.
Auto-correlation | -0.67 |
Very good reverse predictability
US540424AT59 has very good reverse predictability. Overlapping area represents the amount of predictability between 540424AT5 time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 US540424AT59 price movement. The serial correlation of -0.67 indicates that around 67.0% of current 540424AT5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 3.07 |
US540424AT59 lagged returns against current returns
Autocorrelation, which is 540424AT5 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 540424AT5's bond expected returns. We can calculate the autocorrelation of 540424AT5 returns to help us make a trade decision. For example, suppose you find that 540424AT5 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 |
540424AT5 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 540424AT5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 540424AT5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 540424AT5 bond over time.
Current vs Lagged Prices |
| Timeline |
540424AT5 Lagged Returns
When evaluating 540424AT5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 540424AT5 bond have on its future price. 540424AT5 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, 540424AT5 autocorrelation shows the relationship between 540424AT5 bond current value and its past values and can show if there is a momentum factor associated with investing in US540424AT59.
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 540424AT5 Bond
540424AT5 financial ratios help investors to determine whether 540424AT5 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 540424AT5 with respect to the benefits of owning 540424AT5 security.