US743820AA01 Market Value
| 743820AA0 | 84.50 5.64 6.26% |
| Symbol | 743820AA0 |
Please note, there is a significant difference between 743820AA0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 743820AA0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 743820AA0'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.
743820AA0 '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 743820AA0'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 743820AA0.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in 743820AA0 on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding US743820AA01 or generate 0.0% return on investment in 743820AA0 over 30 days. 743820AA0 is related to or competes with 00108WAF7, 90331HPL1, Bayerische Motoren, Permex Petroleum, Visa, Gilat Satellite, and Check Point. More
743820AA0 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 743820AA0'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 US743820AA01 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 13.7 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 0.8935 |
743820AA0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 743820AA0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 743820AA0's standard deviation. In reality, there are many statistical measures that can use 743820AA0 historical prices to predict the future 743820AA0's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 4.25 |
US743820AA01 Backtested Returns
US743820AA01 retains Efficiency (Sharpe Ratio) of -0.0759, which signifies that the bond had a -0.0759 % return per unit of price deviation over the last 3 months. 743820AA0 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 743820AA0's Coefficient Of Variation of (1,682), variance of 2.37, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0239, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 743820AA0 are expected to decrease at a much lower rate. During the bear market, 743820AA0 is likely to outperform the market.
Auto-correlation | -0.18 |
Insignificant reverse predictability
US743820AA01 has insignificant reverse predictability. Overlapping area represents the amount of predictability between 743820AA0 time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd 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 US743820AA01 price movement. The serial correlation of -0.18 indicates that over 18.0% of current 743820AA0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 3.05 |
US743820AA01 lagged returns against current returns
Autocorrelation, which is 743820AA0 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 743820AA0's bond expected returns. We can calculate the autocorrelation of 743820AA0 returns to help us make a trade decision. For example, suppose you find that 743820AA0 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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743820AA0 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 743820AA0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 743820AA0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 743820AA0 bond over time.
Current vs Lagged Prices |
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743820AA0 Lagged Returns
When evaluating 743820AA0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 743820AA0 bond have on its future price. 743820AA0 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, 743820AA0 autocorrelation shows the relationship between 743820AA0 bond current value and its past values and can show if there is a momentum factor associated with investing in US743820AA01.
Regressed Prices |
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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 743820AA0 Bond
743820AA0 financial ratios help investors to determine whether 743820AA0 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 743820AA0 with respect to the benefits of owning 743820AA0 security.