PKI 225 15 SEP 31 Market Value
| 714046AN9 | 78.64 5.15 6.15% |
| Symbol | 714046AN9 |
Please note, there is a significant difference between 714046AN9's value and its price as these two are different measures arrived at by different means. Investors typically determine if 714046AN9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 714046AN9'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.
714046AN9 '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 714046AN9'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 714046AN9.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in 714046AN9 on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding PKI 225 15 SEP 31 or generate 0.0% return on investment in 714046AN9 over 30 days. 714046AN9 is related to or competes with FARO Technologies, Paysafe, NL Industries, Hudson Technologies, Western Digital, Uber Technologies, and CVR Partners. More
714046AN9 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 714046AN9'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 PKI 225 15 SEP 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 1.6 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 0.8126 |
714046AN9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 714046AN9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 714046AN9's standard deviation. In reality, there are many statistical measures that can use 714046AN9 historical prices to predict the future 714046AN9's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.2914 |
PKI 225 15 Backtested Returns
PKI 225 15 secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the bond had a -0.13 % return per unit of price deviation over the last 3 months. PKI 225 15 SEP 31 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 714046AN9's Information Ratio of (0.13), mean deviation of 0.4212, and Market Risk Adjusted Performance of 0.3014 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 714046AN9 are expected to decrease at a much lower rate. During the bear market, 714046AN9 is likely to outperform the market.
Auto-correlation | 0.22 |
Weak predictability
PKI 225 15 SEP 31 has weak predictability. Overlapping area represents the amount of predictability between 714046AN9 time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 PKI 225 15 price movement. The serial correlation of 0.22 indicates that over 22.0% of current 714046AN9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 3.06 |
PKI 225 15 lagged returns against current returns
Autocorrelation, which is 714046AN9 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 714046AN9's bond expected returns. We can calculate the autocorrelation of 714046AN9 returns to help us make a trade decision. For example, suppose you find that 714046AN9 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 |
714046AN9 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 714046AN9 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 714046AN9 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 714046AN9 bond over time.
Current vs Lagged Prices |
| Timeline |
714046AN9 Lagged Returns
When evaluating 714046AN9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 714046AN9 bond have on its future price. 714046AN9 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, 714046AN9 autocorrelation shows the relationship between 714046AN9 bond current value and its past values and can show if there is a momentum factor associated with investing in PKI 225 15 SEP 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 714046AN9 Bond
714046AN9 financial ratios help investors to determine whether 714046AN9 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 714046AN9 with respect to the benefits of owning 714046AN9 security.