SAFE 28 15 JUN 31 Market Value
| 78646UAA7 | 85.89 0.49 0.57% |
| Symbol | 78646UAA7 |
Please note, there is a significant difference between 78646UAA7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 78646UAA7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 78646UAA7'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.
78646UAA7 '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 78646UAA7'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 78646UAA7.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in 78646UAA7 on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding SAFE 28 15 JUN 31 or generate 0.0% return on investment in 78646UAA7 over 660 days. 78646UAA7 is related to or competes with Mind Technology, Fidus Investment, ScanSource, Analog Devices, Western Asset, QuickLogic, and FormFactor. More
78646UAA7 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 78646UAA7'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 SAFE 28 15 JUN 31 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6599 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.11 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.13 |
78646UAA7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 78646UAA7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 78646UAA7's standard deviation. In reality, there are many statistical measures that can use 78646UAA7 historical prices to predict the future 78646UAA7's volatility.| Risk Adjusted Performance | 0.0542 | |||
| Jensen Alpha | 0.0458 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.49) |
SAFE 28 15 Backtested Returns
SAFE 28 15 secures Sharpe Ratio (or Efficiency) of -0.0509, which signifies that the bond had a -0.0509% return per unit of price deviation over the last 3 months. SAFE 28 15 JUN 31 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 78646UAA7's Risk Adjusted Performance of 0.0542, semi deviation of 0.5984, and Coefficient Of Variation of 1364.05 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0748, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 78646UAA7 are expected to decrease at a much lower rate. During the bear market, 78646UAA7 is likely to outperform the market.
Auto-correlation | 0.32 |
Below average predictability
SAFE 28 15 JUN 31 has below average predictability. Overlapping area represents the amount of predictability between 78646UAA7 time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 SAFE 28 15 price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current 78646UAA7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 4.73 |
SAFE 28 15 lagged returns against current returns
Autocorrelation, which is 78646UAA7 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 78646UAA7's bond expected returns. We can calculate the autocorrelation of 78646UAA7 returns to help us make a trade decision. For example, suppose you find that 78646UAA7 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 |
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78646UAA7 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 78646UAA7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 78646UAA7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 78646UAA7 bond over time.
Current vs Lagged Prices |
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78646UAA7 Lagged Returns
When evaluating 78646UAA7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 78646UAA7 bond have on its future price. 78646UAA7 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, 78646UAA7 autocorrelation shows the relationship between 78646UAA7 bond current value and its past values and can show if there is a momentum factor associated with investing in SAFE 28 15 JUN 31.
Regressed Prices |
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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 78646UAA7 Bond
78646UAA7 financial ratios help investors to determine whether 78646UAA7 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 78646UAA7 with respect to the benefits of owning 78646UAA7 security.