US546347AM73 Market Value
| 546347AM7 | 89.96 3.73 3.98% |
| Symbol | 546347AM7 |
546347AM7 '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 546347AM7'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 546347AM7.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in 546347AM7 on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding US546347AM73 or generate 0.0% return on investment in 546347AM7 over 180 days. 546347AM7 is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. 546347AM7 is entity of United States. It is traded as Bond on Bond exchange. More
546347AM7 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 546347AM7'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 US546347AM73 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.75 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 1.5 |
546347AM7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 546347AM7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 546347AM7's standard deviation. In reality, there are many statistical measures that can use 546347AM7 historical prices to predict the future 546347AM7's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.19) |
US546347AM73 Backtested Returns
US546347AM73 retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the bond had a -0.12% return per unit of price deviation over the last 3 months. 546347AM7 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 546347AM7's Coefficient Of Variation of (3,849), risk adjusted performance of (0.02), and Variance of 1.32 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 546347AM7's returns are expected to increase less than the market. However, during the bear market, the loss of holding 546347AM7 is expected to be smaller as well.
Auto-correlation | -0.49 |
Modest reverse predictability
US546347AM73 has modest reverse predictability. Overlapping area represents the amount of predictability between 546347AM7 time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 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 US546347AM73 price movement. The serial correlation of -0.49 indicates that about 49.0% of current 546347AM7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.89 |
US546347AM73 lagged returns against current returns
Autocorrelation, which is 546347AM7 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 546347AM7's bond expected returns. We can calculate the autocorrelation of 546347AM7 returns to help us make a trade decision. For example, suppose you find that 546347AM7 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 |
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546347AM7 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 546347AM7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 546347AM7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 546347AM7 bond over time.
Current vs Lagged Prices |
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546347AM7 Lagged Returns
When evaluating 546347AM7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 546347AM7 bond have on its future price. 546347AM7 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, 546347AM7 autocorrelation shows the relationship between 546347AM7 bond current value and its past values and can show if there is a momentum factor associated with investing in US546347AM73.
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 546347AM7 Bond
546347AM7 financial ratios help investors to determine whether 546347AM7 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 546347AM7 with respect to the benefits of owning 546347AM7 security.