NSANY 2 09 MAR 26 Market Value
| 654740BS7 | 84.89 9.99 10.53% |
| Symbol | NSANY |
Please note, there is a significant difference between NSANY's value and its price as these two are different measures arrived at by different means. Investors typically determine if NSANY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NSANY'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.
NSANY '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 NSANY'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 NSANY.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in NSANY on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding NSANY 2 09 MAR 26 or generate 0.0% return on investment in NSANY over 30 days. NSANY is related to or competes with Seadrill, Awilco Drilling, Delek Drilling, Nabors Industries, Stratasys, Drilling Tools, and Western Digital. More
NSANY 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 NSANY'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 NSANY 2 09 MAR 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 7.15 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.3668 |
NSANY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NSANY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NSANY's standard deviation. In reality, there are many statistical measures that can use NSANY historical prices to predict the future NSANY's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 1.48 |
NSANY 2 09 Backtested Returns
NSANY 2 09 retains Efficiency (Sharpe Ratio) of -0.11, which conveys that the entity had a -0.11% return per unit of return volatility over the last 3 months. NSANY exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NSANY's Standard Deviation of 2.1, market risk adjusted performance of 1.49, and Mean Deviation of 0.7543 to check out the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NSANY are expected to decrease at a much lower rate. During the bear market, NSANY is likely to outperform the market.
Auto-correlation | 0.20 |
Weak predictability
NSANY 2 09 MAR 26 has weak predictability. Overlapping area represents the amount of predictability between NSANY time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 NSANY 2 09 price movement. The serial correlation of 0.2 indicates that over 20.0% of current NSANY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 12.41 |
NSANY 2 09 lagged returns against current returns
Autocorrelation, which is NSANY 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 NSANY's bond expected returns. We can calculate the autocorrelation of NSANY returns to help us make a trade decision. For example, suppose you find that NSANY 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 |
NSANY 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 NSANY bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NSANY bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NSANY bond over time.
Current vs Lagged Prices |
| Timeline |
NSANY Lagged Returns
When evaluating NSANY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NSANY bond have on its future price. NSANY 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, NSANY autocorrelation shows the relationship between NSANY bond current value and its past values and can show if there is a momentum factor associated with investing in NSANY 2 09 MAR 26.
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 NSANY Bond
NSANY financial ratios help investors to determine whether NSANY 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 NSANY with respect to the benefits of owning NSANY security.