PPC 425 15 APR 31 Market Value
| 72147KAJ7 | 90.83 2.26 2.43% |
| Symbol | 72147KAJ7 |
Please note, there is a significant difference between 72147KAJ7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 72147KAJ7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 72147KAJ7'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.
72147KAJ7 '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 72147KAJ7'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 72147KAJ7.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in 72147KAJ7 on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding PPC 425 15 APR 31 or generate 0.0% return on investment in 72147KAJ7 over 540 days. 72147KAJ7 is related to or competes with NI Holdings, CapitaLand Investment, Kinsale Capital, United Fire, Citizens, PennantPark Investment, and Hanover Insurance. More
72147KAJ7 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 72147KAJ7'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 PPC 425 15 APR 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.53 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 1.72 |
72147KAJ7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 72147KAJ7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 72147KAJ7's standard deviation. In reality, there are many statistical measures that can use 72147KAJ7 historical prices to predict the future 72147KAJ7's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.68) |
PPC 425 15 Backtested Returns
PPC 425 15 retains Efficiency (Sharpe Ratio) of -0.1, which signifies that the bond had a -0.1% return per unit of price deviation over the last 3 months. 72147KAJ7 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 72147KAJ7's information ratio of (0.16), and Market Risk Adjusted Performance of (0.67) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 72147KAJ7's returns are expected to increase less than the market. However, during the bear market, the loss of holding 72147KAJ7 is expected to be smaller as well.
Auto-correlation | 0.55 |
Modest predictability
PPC 425 15 APR 31 has modest predictability. Overlapping area represents the amount of predictability between 72147KAJ7 time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 PPC 425 15 price movement. The serial correlation of 0.55 indicates that about 55.0% of current 72147KAJ7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 4.73 |
PPC 425 15 lagged returns against current returns
Autocorrelation, which is 72147KAJ7 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 72147KAJ7's bond expected returns. We can calculate the autocorrelation of 72147KAJ7 returns to help us make a trade decision. For example, suppose you find that 72147KAJ7 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 |
72147KAJ7 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 72147KAJ7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 72147KAJ7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 72147KAJ7 bond over time.
Current vs Lagged Prices |
| Timeline |
72147KAJ7 Lagged Returns
When evaluating 72147KAJ7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 72147KAJ7 bond have on its future price. 72147KAJ7 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, 72147KAJ7 autocorrelation shows the relationship between 72147KAJ7 bond current value and its past values and can show if there is a momentum factor associated with investing in PPC 425 15 APR 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 72147KAJ7 Bond
72147KAJ7 financial ratios help investors to determine whether 72147KAJ7 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 72147KAJ7 with respect to the benefits of owning 72147KAJ7 security.