SMBCAC 19 15 OCT 26 Market Value
| 78448TAG7 | 91.03 0.00 0.00% |
| Symbol | SMBCAC |
Please note, there is a significant difference between SMBCAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if SMBCAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SMBCAC'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.
SMBCAC '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 SMBCAC'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 SMBCAC.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in SMBCAC on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding SMBCAC 19 15 OCT 26 or generate 0.0% return on investment in SMBCAC over 30 days. SMBCAC is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
SMBCAC 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 SMBCAC'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 SMBCAC 19 15 OCT 26 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.38 | |||
| Value At Risk | (0.35) | |||
| Potential Upside | 0.7825 |
SMBCAC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SMBCAC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SMBCAC's standard deviation. In reality, there are many statistical measures that can use SMBCAC historical prices to predict the future SMBCAC's volatility.| Risk Adjusted Performance | 0.0392 | |||
| Jensen Alpha | 0.0537 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.55) |
SMBCAC 19 15 Backtested Returns
SMBCAC 19 15 retains Efficiency (Sharpe Ratio) of -0.0638, which indicates the bond had a -0.0638% return per unit of risk over the last 3 months. SMBCAC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SMBCAC's downside deviation of 1.44, and Risk Adjusted Performance of 0.0392 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.0802, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SMBCAC are expected to decrease at a much lower rate. During the bear market, SMBCAC is likely to outperform the market.
Auto-correlation | 1.00 |
Perfect predictability
SMBCAC 19 15 OCT 26 has perfect predictability. Overlapping area represents the amount of predictability between SMBCAC time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 SMBCAC 19 15 price movement. The serial correlation of 1.0 indicates that 100.0% of current SMBCAC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 2.87 |
SMBCAC 19 15 lagged returns against current returns
Autocorrelation, which is SMBCAC 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 SMBCAC's bond expected returns. We can calculate the autocorrelation of SMBCAC returns to help us make a trade decision. For example, suppose you find that SMBCAC 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 |
SMBCAC 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 SMBCAC bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SMBCAC bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SMBCAC bond over time.
Current vs Lagged Prices |
| Timeline |
SMBCAC Lagged Returns
When evaluating SMBCAC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SMBCAC bond have on its future price. SMBCAC 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, SMBCAC autocorrelation shows the relationship between SMBCAC bond current value and its past values and can show if there is a momentum factor associated with investing in SMBCAC 19 15 OCT 26.
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 SMBCAC Bond
SMBCAC financial ratios help investors to determine whether SMBCAC 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 SMBCAC with respect to the benefits of owning SMBCAC security.