NWIDE 485 27 JUL 27 Market Value
| 63861VAH0 | 101.66 1.33 1.33% |
| Symbol | NWIDE |
Please note, there is a significant difference between NWIDE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NWIDE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NWIDE'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.
NWIDE '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 NWIDE'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 NWIDE.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in NWIDE on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding NWIDE 485 27 JUL 27 or generate 0.0% return on investment in NWIDE over 690 days. NWIDE is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
NWIDE 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 NWIDE'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 NWIDE 485 27 JUL 27 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9086 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.3186 |
NWIDE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NWIDE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NWIDE's standard deviation. In reality, there are many statistical measures that can use NWIDE historical prices to predict the future NWIDE's volatility.| Risk Adjusted Performance | 0.029 | |||
| Jensen Alpha | 0.0383 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | (0.19) |
NWIDE 485 27 Backtested Returns
At this point, NWIDE is very steady. NWIDE 485 27 has Sharpe Ratio of 0.02, which conveys that the entity had a 0.02% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for NWIDE, which you can use to evaluate the volatility of the bond. Please verify NWIDE's risk adjusted performance of 0.029, and Mean Deviation of 0.3398 to check out if the risk estimate we provide is consistent with the expected return of 0.0051%. The bond secures a Beta (Market Risk) of -0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NWIDE are expected to decrease at a much lower rate. During the bear market, NWIDE is likely to outperform the market.
Auto-correlation | -0.47 |
Modest reverse predictability
NWIDE 485 27 JUL 27 has modest reverse predictability. Overlapping area represents the amount of predictability between NWIDE time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 NWIDE 485 27 price movement. The serial correlation of -0.47 indicates that about 47.0% of current NWIDE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 1.46 |
NWIDE 485 27 lagged returns against current returns
Autocorrelation, which is NWIDE 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 NWIDE's bond expected returns. We can calculate the autocorrelation of NWIDE returns to help us make a trade decision. For example, suppose you find that NWIDE 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 |
NWIDE 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 NWIDE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NWIDE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NWIDE bond over time.
Current vs Lagged Prices |
| Timeline |
NWIDE Lagged Returns
When evaluating NWIDE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NWIDE bond have on its future price. NWIDE 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, NWIDE autocorrelation shows the relationship between NWIDE bond current value and its past values and can show if there is a momentum factor associated with investing in NWIDE 485 27 JUL 27.
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 NWIDE Bond
NWIDE financial ratios help investors to determine whether NWIDE 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 NWIDE with respect to the benefits of owning NWIDE security.