BATSLN 475 01 NOV 42 Market Value
| 761713AW6 | 78.68 5.23 6.23% |
| Symbol | BATSLN |
Please note, there is a significant difference between BATSLN's value and its price as these two are different measures arrived at by different means. Investors typically determine if BATSLN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BATSLN'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.
BATSLN '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 BATSLN'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 BATSLN.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in BATSLN on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding BATSLN 475 01 NOV 42 or generate 0.0% return on investment in BATSLN over 30 days. BATSLN is related to or competes with Q2 Holdings, Ecolab, Definitive Healthcare, Sealed Air, Origin Materials, FiscalNote Holdings, and Zhihu. More
BATSLN 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 BATSLN'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 BATSLN 475 01 NOV 42 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 16.61 | |||
| Value At Risk | (4.53) | |||
| Potential Upside | 3.11 |
BATSLN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BATSLN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BATSLN's standard deviation. In reality, there are many statistical measures that can use BATSLN historical prices to predict the future BATSLN's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (1.72) |
BATSLN 475 01 Backtested Returns
BATSLN 475 01 secures Sharpe Ratio (or Efficiency) of -0.0626, which signifies that the bond had a -0.0626% return per unit of volatility over the last 3 months. BATSLN 475 01 NOV 42 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BATSLN's Mean Deviation of 1.85, variance of 7.59, and Market Risk Adjusted Performance of (1.71) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.0414, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BATSLN's returns are expected to increase less than the market. However, during the bear market, the loss of holding BATSLN is expected to be smaller as well.
Auto-correlation | -0.17 |
Insignificant reverse predictability
BATSLN 475 01 NOV 42 has insignificant reverse predictability. Overlapping area represents the amount of predictability between BATSLN time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 BATSLN 475 01 price movement. The serial correlation of -0.17 indicates that over 17.0% of current BATSLN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 3.31 |
BATSLN 475 01 lagged returns against current returns
Autocorrelation, which is BATSLN 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 BATSLN's bond expected returns. We can calculate the autocorrelation of BATSLN returns to help us make a trade decision. For example, suppose you find that BATSLN 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 |
BATSLN 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 BATSLN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BATSLN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BATSLN bond over time.
Current vs Lagged Prices |
| Timeline |
BATSLN Lagged Returns
When evaluating BATSLN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BATSLN bond have on its future price. BATSLN 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, BATSLN autocorrelation shows the relationship between BATSLN bond current value and its past values and can show if there is a momentum factor associated with investing in BATSLN 475 01 NOV 42.
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 BATSLN Bond
BATSLN financial ratios help investors to determine whether BATSLN 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 BATSLN with respect to the benefits of owning BATSLN security.