PPL 739486 30 MAR 67 Market Value
| 69352PAC7 | 99.52 0.36 0.36% |
| Symbol | 69352PAC7 |
Please note, there is a significant difference between 69352PAC7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 69352PAC7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 69352PAC7'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.
69352PAC7 '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 69352PAC7'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 69352PAC7.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in 69352PAC7 on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding PPL 739486 30 MAR 67 or generate 0.0% return on investment in 69352PAC7 over 150 days. 69352PAC7 is related to or competes with Essent, Lithia Motors, Root, Sea, CNA Financial, CVS Health, and Radian. More
69352PAC7 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 69352PAC7'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 PPL 739486 30 MAR 67 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 21.51 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.77 |
69352PAC7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 69352PAC7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 69352PAC7's standard deviation. In reality, there are many statistical measures that can use 69352PAC7 historical prices to predict the future 69352PAC7's volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | 0.0519 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.47) |
PPL 739486 30 Backtested Returns
At this point, 69352PAC7 is very steady. PPL 739486 30 secures Sharpe Ratio (or Efficiency) of 0.0199, which signifies that the bond had a 0.0199 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for PPL 739486 30 MAR 67, which you can use to evaluate the volatility of the entity. Please confirm 69352PAC7's Coefficient Of Variation of 5914.03, mean deviation of 1.5, and Market Risk Adjusted Performance of (1.46) to double-check if the risk estimate we provide is consistent with the expected return of 0.0174%. The bond shows a Beta (market volatility) of -0.0333, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 69352PAC7 are expected to decrease at a much lower rate. During the bear market, 69352PAC7 is likely to outperform the market.
Auto-correlation | -0.08 |
Very weak reverse predictability
PPL 739486 30 MAR 67 has very weak reverse predictability. Overlapping area represents the amount of predictability between 69352PAC7 time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PPL 739486 30 price movement. The serial correlation of -0.08 indicates that barely 8.0% of current 69352PAC7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 1.54 |
PPL 739486 30 lagged returns against current returns
Autocorrelation, which is 69352PAC7 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 69352PAC7's bond expected returns. We can calculate the autocorrelation of 69352PAC7 returns to help us make a trade decision. For example, suppose you find that 69352PAC7 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 |
69352PAC7 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 69352PAC7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 69352PAC7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 69352PAC7 bond over time.
Current vs Lagged Prices |
| Timeline |
69352PAC7 Lagged Returns
When evaluating 69352PAC7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 69352PAC7 bond have on its future price. 69352PAC7 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, 69352PAC7 autocorrelation shows the relationship between 69352PAC7 bond current value and its past values and can show if there is a momentum factor associated with investing in PPL 739486 30 MAR 67.
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 69352PAC7 Bond
69352PAC7 financial ratios help investors to determine whether 69352PAC7 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 69352PAC7 with respect to the benefits of owning 69352PAC7 security.