US713448EG97 Market Value
| 713448EG9 | 113.56 3.60 3.27% |
| Symbol | 713448EG9 |
Please note, there is a significant difference between 713448EG9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 713448EG9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 713448EG9'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.
713448EG9 '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 713448EG9'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 713448EG9.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 713448EG9 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding US713448EG97 or generate 0.0% return on investment in 713448EG9 over 30 days. 713448EG9 is related to or competes with Hurco Companies, Flex, IPG Photonics, Emerson Radio, Allient, and KVH Industries. More
713448EG9 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 713448EG9'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 US713448EG97 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4829 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.1 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 1.05 |
713448EG9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 713448EG9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 713448EG9's standard deviation. In reality, there are many statistical measures that can use 713448EG9 historical prices to predict the future 713448EG9's volatility.| Risk Adjusted Performance | 0.034 | |||
| Jensen Alpha | 0.01 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.2601 |
US713448EG97 Backtested Returns
At this point, 713448EG9 is very steady. US713448EG97 retains Efficiency (Sharpe Ratio) of 0.035, which signifies that the bond had a 0.035% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 713448EG9, which you can use to evaluate the volatility of the entity. Please confirm 713448EG9's Risk Adjusted Performance of 0.034, coefficient of variation of 2084.86, and Semi Deviation of 0.4368 to double-check if the risk estimate we provide is consistent with the expected return of 0.0245%. The bond owns a Beta (Systematic Risk) of 0.0718, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 713448EG9's returns are expected to increase less than the market. However, during the bear market, the loss of holding 713448EG9 is expected to be smaller as well.
Auto-correlation | -0.46 |
Modest reverse predictability
US713448EG97 has modest reverse predictability. Overlapping area represents the amount of predictability between 713448EG9 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 US713448EG97 price movement. The serial correlation of -0.46 indicates that about 46.0% of current 713448EG9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 1.37 |
US713448EG97 lagged returns against current returns
Autocorrelation, which is 713448EG9 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 713448EG9's bond expected returns. We can calculate the autocorrelation of 713448EG9 returns to help us make a trade decision. For example, suppose you find that 713448EG9 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 |
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713448EG9 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 713448EG9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 713448EG9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 713448EG9 bond over time.
Current vs Lagged Prices |
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713448EG9 Lagged Returns
When evaluating 713448EG9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 713448EG9 bond have on its future price. 713448EG9 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, 713448EG9 autocorrelation shows the relationship between 713448EG9 bond current value and its past values and can show if there is a momentum factor associated with investing in US713448EG97.
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 713448EG9 Bond
713448EG9 financial ratios help investors to determine whether 713448EG9 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 713448EG9 with respect to the benefits of owning 713448EG9 security.