ROST 48 15 APR 30 Market Value
| 778296AD5 | 97.84 1.73 1.74% |
| Symbol | 778296AD5 |
Please note, there is a significant difference between 778296AD5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 778296AD5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 778296AD5'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.
778296AD5 '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 778296AD5'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 778296AD5.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in 778296AD5 on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding ROST 48 15 APR 30 or generate 0.0% return on investment in 778296AD5 over 30 days. 778296AD5 is related to or competes with Treasury Wine, Grocery Outlet, Coupang LLC, Titan Machinery, Willamette Valley, Asbury Automotive, and Simon Property. More
778296AD5 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 778296AD5'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 ROST 48 15 APR 30 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.92 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 1.4 |
778296AD5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 778296AD5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 778296AD5's standard deviation. In reality, there are many statistical measures that can use 778296AD5 historical prices to predict the future 778296AD5's volatility.| Risk Adjusted Performance | 0.0167 | |||
| Jensen Alpha | 0.0308 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.13) |
ROST 48 15 Backtested Returns
ROST 48 15 secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the bond had a -0.17% return per unit of return volatility over the last 3 months. ROST 48 15 APR 30 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 778296AD5's Downside Deviation of 1.73, market risk adjusted performance of (0.12), and Mean Deviation of 0.916 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 778296AD5 are expected to decrease at a much lower rate. During the bear market, 778296AD5 is likely to outperform the market.
Auto-correlation | 0.60 |
Good predictability
ROST 48 15 APR 30 has good predictability. Overlapping area represents the amount of predictability between 778296AD5 time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 ROST 48 15 price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current 778296AD5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ROST 48 15 lagged returns against current returns
Autocorrelation, which is 778296AD5 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 778296AD5's bond expected returns. We can calculate the autocorrelation of 778296AD5 returns to help us make a trade decision. For example, suppose you find that 778296AD5 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 |
778296AD5 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 778296AD5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 778296AD5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 778296AD5 bond over time.
Current vs Lagged Prices |
| Timeline |
778296AD5 Lagged Returns
When evaluating 778296AD5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 778296AD5 bond have on its future price. 778296AD5 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, 778296AD5 autocorrelation shows the relationship between 778296AD5 bond current value and its past values and can show if there is a momentum factor associated with investing in ROST 48 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 778296AD5 Bond
778296AD5 financial ratios help investors to determine whether 778296AD5 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 778296AD5 with respect to the benefits of owning 778296AD5 security.