AKERBP 31 15 JUL 31 Market Value
| 55037AAB4 | 86.21 0.83 0.95% |
| Symbol | AKERBP |
Please note, there is a significant difference between AKERBP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AKERBP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AKERBP'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.
AKERBP '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 AKERBP'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 AKERBP.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in AKERBP on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding AKERBP 31 15 JUL 31 or generate 0.0% return on investment in AKERBP over 30 days. AKERBP is related to or competes with Universal, Japan Tobacco, Molson Coors, Addus HomeCare, Franklin Street, LGI Homes, and MI Homes. More
AKERBP 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 AKERBP'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 AKERBP 31 15 JUL 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 11.33 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.975 |
AKERBP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AKERBP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AKERBP's standard deviation. In reality, there are many statistical measures that can use AKERBP historical prices to predict the future AKERBP's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.2463 |
AKERBP 31 15 Backtested Returns
AKERBP 31 15 secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the bond had a -0.14% return per unit of risk over the last 3 months. AKERBP 31 15 JUL 31 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AKERBP's Standard Deviation of 1.35, risk adjusted performance of (0.01), and Mean Deviation of 0.6442 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AKERBP are expected to decrease at a much lower rate. During the bear market, AKERBP is likely to outperform the market.
Auto-correlation | -0.4 |
Poor reverse predictability
AKERBP 31 15 JUL 31 has poor reverse predictability. Overlapping area represents the amount of predictability between AKERBP time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 AKERBP 31 15 price movement. The serial correlation of -0.4 indicates that just about 40.0% of current AKERBP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 1.39 |
AKERBP 31 15 lagged returns against current returns
Autocorrelation, which is AKERBP 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 AKERBP's bond expected returns. We can calculate the autocorrelation of AKERBP returns to help us make a trade decision. For example, suppose you find that AKERBP 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 |
AKERBP 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 AKERBP bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AKERBP bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AKERBP bond over time.
Current vs Lagged Prices |
| Timeline |
AKERBP Lagged Returns
When evaluating AKERBP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AKERBP bond have on its future price. AKERBP 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, AKERBP autocorrelation shows the relationship between AKERBP bond current value and its past values and can show if there is a momentum factor associated with investing in AKERBP 31 15 JUL 31.
Regressed Prices |
| Timeline |
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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 AKERBP Bond
AKERBP financial ratios help investors to determine whether AKERBP 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 AKERBP with respect to the benefits of owning AKERBP security.