Navient 5625 percent Market Value
| 78442FAZ1 | 74.06 13.48 15.40% |
| Symbol | Navient |
Navient '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 Navient'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 Navient.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Navient on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Navient 5625 percent or generate 0.0% return on investment in Navient over 360 days. Navient is related to or competes with 00108WAF7, 90331HPL1, Destiny Tech100, Marvell Technology, Snowflake, Alphabet, and P10. More
Navient 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 Navient'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 Navient 5625 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 11.64 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 1.64 |
Navient Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Navient's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Navient's standard deviation. In reality, there are many statistical measures that can use Navient historical prices to predict the future Navient's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.72) |
Navient 5625 percent Backtested Returns
At this point, Navient is very steady. Navient 5625 percent has Sharpe Ratio of 0.0121, which conveys that the entity had a 0.0121% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Navient, which you can use to evaluate the volatility of the bond. Please verify Navient's Standard Deviation of 1.62, risk adjusted performance of (0.09), and Mean Deviation of 1.03 to check out if the risk estimate we provide is consistent with the expected return of 0.0374%. The bond secures a Beta (Market Risk) of 0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Navient's returns are expected to increase less than the market. However, during the bear market, the loss of holding Navient is expected to be smaller as well.
Auto-correlation | 0.29 |
Poor predictability
Navient 5625 percent has poor predictability. Overlapping area represents the amount of predictability between Navient time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 Navient 5625 percent price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Navient price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 9.47 |
Navient 5625 percent lagged returns against current returns
Autocorrelation, which is Navient 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 Navient's bond expected returns. We can calculate the autocorrelation of Navient returns to help us make a trade decision. For example, suppose you find that Navient 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 |
Navient 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 Navient bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Navient bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Navient bond over time.
Current vs Lagged Prices |
| Timeline |
Navient Lagged Returns
When evaluating Navient's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Navient bond have on its future price. Navient 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, Navient autocorrelation shows the relationship between Navient bond current value and its past values and can show if there is a momentum factor associated with investing in Navient 5625 percent.
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 Navient Bond
Navient financial ratios help investors to determine whether Navient 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 Navient with respect to the benefits of owning Navient security.