SIEGR 6125 17 AUG 26 Market Value
| 826200AD9 | 103.06 0.60 0.59% |
| Symbol | SIEGR |
Please note, there is a significant difference between SIEGR's value and its price as these two are different measures arrived at by different means. Investors typically determine if SIEGR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIEGR'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.
SIEGR '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 SIEGR'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 SIEGR.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in SIEGR on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding SIEGR 6125 17 AUG 26 or generate 0.0% return on investment in SIEGR over 90 days. SIEGR is related to or competes with Guangdong Investment, Presidio Property, Esperion Therapeutics, Teleflex Incorporated, Mills Music, Warner Music, and Microbot Medical. More
SIEGR 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 SIEGR'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 SIEGR 6125 17 AUG 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.68) | |||
| Maximum Drawdown | 1.11 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.445 |
SIEGR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIEGR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIEGR's standard deviation. In reality, there are many statistical measures that can use SIEGR historical prices to predict the future SIEGR's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (4.25) |
SIEGR 6125 17 Backtested Returns
SIEGR 6125 17 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0518, which indicates the bond had a -0.0518% return per unit of volatility over the last 3 months. SIEGR 6125 17 AUG 26 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SIEGR's risk adjusted performance of (0.07), and Variance of 0.0438 to confirm the risk estimate we provide. The entity has a beta of 0.0049, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SIEGR's returns are expected to increase less than the market. However, during the bear market, the loss of holding SIEGR is expected to be smaller as well.
Auto-correlation | -0.7 |
Very good reverse predictability
SIEGR 6125 17 AUG 26 has very good reverse predictability. Overlapping area represents the amount of predictability between SIEGR time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 SIEGR 6125 17 price movement. The serial correlation of -0.7 indicates that around 70.0% of current SIEGR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
SIEGR 6125 17 lagged returns against current returns
Autocorrelation, which is SIEGR 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 SIEGR's bond expected returns. We can calculate the autocorrelation of SIEGR returns to help us make a trade decision. For example, suppose you find that SIEGR 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 |
SIEGR 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 SIEGR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIEGR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIEGR bond over time.
Current vs Lagged Prices |
| Timeline |
SIEGR Lagged Returns
When evaluating SIEGR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIEGR bond have on its future price. SIEGR 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, SIEGR autocorrelation shows the relationship between SIEGR bond current value and its past values and can show if there is a momentum factor associated with investing in SIEGR 6125 17 AUG 26.
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 SIEGR Bond
SIEGR financial ratios help investors to determine whether SIEGR 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 SIEGR with respect to the benefits of owning SIEGR security.