HOUS 525 15 APR 30 Market Value
| 75606DAQ4 | 68.29 10.85 13.71% |
| Symbol | 75606DAQ4 |
Please note, there is a significant difference between 75606DAQ4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 75606DAQ4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 75606DAQ4'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.
75606DAQ4 '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 75606DAQ4'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 75606DAQ4.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in 75606DAQ4 on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding HOUS 525 15 APR 30 or generate 0.0% return on investment in 75606DAQ4 over 180 days. 75606DAQ4 is related to or competes with Academy Sports, Eldorado Gold, Xponential Fitness, Mattel, Inflection Point, Griffon, and JD Sports. More
75606DAQ4 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 75606DAQ4'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 HOUS 525 15 APR 30 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.25 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 31.42 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 4.54 |
75606DAQ4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 75606DAQ4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 75606DAQ4's standard deviation. In reality, there are many statistical measures that can use 75606DAQ4 historical prices to predict the future 75606DAQ4's volatility.| Risk Adjusted Performance | 0.0173 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0818 |
HOUS 525 15 Backtested Returns
At this point, 75606DAQ4 is very steady. HOUS 525 15 secures Sharpe Ratio (or Efficiency) of 0.0121, which signifies that the bond had a 0.0121% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for HOUS 525 15 APR 30, which you can use to evaluate the volatility of the entity. Please confirm 75606DAQ4's Downside Deviation of 4.25, semi deviation of 3.74, and Mean Deviation of 1.84 to double-check if the risk estimate we provide is consistent with the expected return of 0.0462%. 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, 75606DAQ4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 75606DAQ4 is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
HOUS 525 15 APR 30 has poor reverse predictability. Overlapping area represents the amount of predictability between 75606DAQ4 time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 HOUS 525 15 price movement. The serial correlation of -0.38 indicates that just about 38.0% of current 75606DAQ4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 15.57 |
HOUS 525 15 lagged returns against current returns
Autocorrelation, which is 75606DAQ4 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 75606DAQ4's bond expected returns. We can calculate the autocorrelation of 75606DAQ4 returns to help us make a trade decision. For example, suppose you find that 75606DAQ4 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 |
75606DAQ4 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 75606DAQ4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 75606DAQ4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 75606DAQ4 bond over time.
Current vs Lagged Prices |
| Timeline |
75606DAQ4 Lagged Returns
When evaluating 75606DAQ4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 75606DAQ4 bond have on its future price. 75606DAQ4 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, 75606DAQ4 autocorrelation shows the relationship between 75606DAQ4 bond current value and its past values and can show if there is a momentum factor associated with investing in HOUS 525 15 APR 30.
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 75606DAQ4 Bond
75606DAQ4 financial ratios help investors to determine whether 75606DAQ4 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 75606DAQ4 with respect to the benefits of owning 75606DAQ4 security.