ORIX 225 09 MAR 31 Market Value
| 686330AN1 | 83.69 0.82 0.97% |
| Symbol | 686330AN1 |
Please note, there is a significant difference between 686330AN1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 686330AN1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 686330AN1'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.
686330AN1 '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 686330AN1'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 686330AN1.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in 686330AN1 on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding ORIX 225 09 MAR 31 or generate 0.0% return on investment in 686330AN1 over 90 days. 686330AN1 is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
686330AN1 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 686330AN1'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 ORIX 225 09 MAR 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.36 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.33 |
686330AN1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 686330AN1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 686330AN1's standard deviation. In reality, there are many statistical measures that can use 686330AN1 historical prices to predict the future 686330AN1's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0038 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.105 |
ORIX 225 09 Backtested Returns
ORIX 225 09 secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the bond had a -0.18% return per unit of price deviation over the last 3 months. ORIX 225 09 MAR 31 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 686330AN1's Market Risk Adjusted Performance of 0.115, mean deviation of 0.5032, and Information Ratio of (0.17) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 686330AN1 are expected to decrease at a much lower rate. During the bear market, 686330AN1 is likely to outperform the market.
Auto-correlation | -0.36 |
Poor reverse predictability
ORIX 225 09 MAR 31 has poor reverse predictability. Overlapping area represents the amount of predictability between 686330AN1 time series from 25th of August 2024 to 9th of October 2024 and 9th of October 2024 to 23rd 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 ORIX 225 09 price movement. The serial correlation of -0.36 indicates that just about 36.0% of current 686330AN1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
ORIX 225 09 lagged returns against current returns
Autocorrelation, which is 686330AN1 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 686330AN1's bond expected returns. We can calculate the autocorrelation of 686330AN1 returns to help us make a trade decision. For example, suppose you find that 686330AN1 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 |
686330AN1 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 686330AN1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 686330AN1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 686330AN1 bond over time.
Current vs Lagged Prices |
| Timeline |
686330AN1 Lagged Returns
When evaluating 686330AN1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 686330AN1 bond have on its future price. 686330AN1 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, 686330AN1 autocorrelation shows the relationship between 686330AN1 bond current value and its past values and can show if there is a momentum factor associated with investing in ORIX 225 09 MAR 31.
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 686330AN1 Bond
686330AN1 financial ratios help investors to determine whether 686330AN1 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 686330AN1 with respect to the benefits of owning 686330AN1 security.