RIOLN 5 09 MAR 33 Market Value
| 76720AAN6 | 100.04 1.54 1.52% |
| Symbol | RIOLN |
Please note, there is a significant difference between RIOLN's value and its price as these two are different measures arrived at by different means. Investors typically determine if RIOLN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RIOLN'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.
RIOLN '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 RIOLN'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 RIOLN.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in RIOLN on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding RIOLN 5 09 MAR 33 or generate 0.0% return on investment in RIOLN over 690 days. RIOLN is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
RIOLN 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 RIOLN'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 RIOLN 5 09 MAR 33 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.97 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.87 |
RIOLN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RIOLN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RIOLN's standard deviation. In reality, there are many statistical measures that can use RIOLN historical prices to predict the future RIOLN's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (2.91) |
RIOLN 5 09 Backtested Returns
RIOLN 5 09 maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had a -0.13% return per unit of standard deviation over the last 3 months. RIOLN 5 09 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RIOLN's Market Risk Adjusted Performance of (2.90), coefficient of variation of (2,219), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The bond holds a Beta of 0.0249, which implies not very significant fluctuations relative to the market. As returns on the market increase, RIOLN's returns are expected to increase less than the market. However, during the bear market, the loss of holding RIOLN is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
RIOLN 5 09 MAR 33 has very weak predictability. Overlapping area represents the amount of predictability between RIOLN time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 RIOLN 5 09 price movement. The serial correlation of 0.17 indicates that over 17.0% of current RIOLN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 3.48 |
RIOLN 5 09 lagged returns against current returns
Autocorrelation, which is RIOLN 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 RIOLN's bond expected returns. We can calculate the autocorrelation of RIOLN returns to help us make a trade decision. For example, suppose you find that RIOLN 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 |
RIOLN 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 RIOLN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RIOLN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RIOLN bond over time.
Current vs Lagged Prices |
| Timeline |
RIOLN Lagged Returns
When evaluating RIOLN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RIOLN bond have on its future price. RIOLN 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, RIOLN autocorrelation shows the relationship between RIOLN bond current value and its past values and can show if there is a momentum factor associated with investing in RIOLN 5 09 MAR 33.
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 RIOLN Bond
RIOLN financial ratios help investors to determine whether RIOLN 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 RIOLN with respect to the benefits of owning RIOLN security.