SVELEV 28 10 FEB 51 Market Value
| 817826AG5 | 60.30 1.17 1.98% |
| Symbol | SVELEV |
Please note, there is a significant difference between SVELEV's value and its price as these two are different measures arrived at by different means. Investors typically determine if SVELEV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SVELEV'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.
SVELEV '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 SVELEV'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 SVELEV.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in SVELEV on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding SVELEV 28 10 FEB 51 or generate 0.0% return on investment in SVELEV over 300 days. SVELEV is related to or competes with Treasury Wine, Oatly Group, Brandywine Realty, Tyson Foods, SunOpta, and Hf Foods. More
SVELEV 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 SVELEV'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 SVELEV 28 10 FEB 51 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 5.58 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.48 |
SVELEV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SVELEV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SVELEV's standard deviation. In reality, there are many statistical measures that can use SVELEV historical prices to predict the future SVELEV's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (15.69) |
SVELEV 28 10 Backtested Returns
SVELEV 28 10 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the bond had a -0.14% return per unit of volatility over the last 3 months. SVELEV 28 10 FEB 51 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SVELEV's variance of 0.9134, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.0034, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SVELEV's returns are expected to increase less than the market. However, during the bear market, the loss of holding SVELEV is expected to be smaller as well.
Auto-correlation | -0.31 |
Poor reverse predictability
SVELEV 28 10 FEB 51 has poor reverse predictability. Overlapping area represents the amount of predictability between SVELEV time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 SVELEV 28 10 price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current SVELEV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 3.23 |
SVELEV 28 10 lagged returns against current returns
Autocorrelation, which is SVELEV 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 SVELEV's bond expected returns. We can calculate the autocorrelation of SVELEV returns to help us make a trade decision. For example, suppose you find that SVELEV 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 |
SVELEV 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 SVELEV bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SVELEV bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SVELEV bond over time.
Current vs Lagged Prices |
| Timeline |
SVELEV Lagged Returns
When evaluating SVELEV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SVELEV bond have on its future price. SVELEV 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, SVELEV autocorrelation shows the relationship between SVELEV bond current value and its past values and can show if there is a momentum factor associated with investing in SVELEV 28 10 FEB 51.
Regressed Prices |
| Timeline |
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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 SVELEV Bond
SVELEV financial ratios help investors to determine whether SVELEV 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 SVELEV with respect to the benefits of owning SVELEV security.