Nexstar Escrow 5625 Market Value
| 65343HAA9 | 99.06 0.81 0.82% |
| Symbol | Nexstar |
Nexstar '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 Nexstar'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 Nexstar.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Nexstar on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Nexstar Escrow 5625 or generate 0.0% return on investment in Nexstar over 510 days. Nexstar is related to or competes with Ainsworth Game, NioCorp Developments, Mesa Air, Aegean Airlines, and Summit Materials. More
Nexstar 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 Nexstar'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 Nexstar Escrow 5625 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9179 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 4.79 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.6042 |
Nexstar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nexstar's standard deviation. In reality, there are many statistical measures that can use Nexstar historical prices to predict the future Nexstar's volatility.| Risk Adjusted Performance | 0.0185 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0597 |
Nexstar Escrow 5625 Backtested Returns
Nexstar Escrow 5625 has Sharpe Ratio of -0.0524, which conveys that the entity had a -0.0524% return per unit of risk over the last 3 months. Nexstar exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nexstar's Risk Adjusted Performance of 0.0185, downside deviation of 0.9179, and Mean Deviation of 0.4264 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nexstar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nexstar is expected to be smaller as well.
Auto-correlation | 0.30 |
Below average predictability
Nexstar Escrow 5625 has below average predictability. Overlapping area represents the amount of predictability between Nexstar time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Nexstar Escrow 5625 price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Nexstar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 2.59 |
Nexstar Escrow 5625 lagged returns against current returns
Autocorrelation, which is Nexstar 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 Nexstar's bond expected returns. We can calculate the autocorrelation of Nexstar returns to help us make a trade decision. For example, suppose you find that Nexstar 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 |
Nexstar 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 Nexstar bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nexstar bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nexstar bond over time.
Current vs Lagged Prices |
| Timeline |
Nexstar Lagged Returns
When evaluating Nexstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nexstar bond have on its future price. Nexstar 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, Nexstar autocorrelation shows the relationship between Nexstar bond current value and its past values and can show if there is a momentum factor associated with investing in Nexstar Escrow 5625.
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 Nexstar Bond
Nexstar financial ratios help investors to determine whether Nexstar 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 Nexstar with respect to the benefits of owning Nexstar security.