US82967NBL10 Market Value
| 82967NBL1 | 96.91 0.16 0.17% |
| Symbol | 82967NBL1 |
82967NBL1 '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 82967NBL1'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 82967NBL1.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in 82967NBL1 on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding US82967NBL10 or generate 0.0% return on investment in 82967NBL1 over 30 days. 82967NBL1 is related to or competes with RBC Bearings, Weyco, Snap On, Estee Lauder, Timken, and Tianjin Capital. More
82967NBL1 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 82967NBL1'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 US82967NBL10 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2273 | |||
| Information Ratio | 0.035 | |||
| Maximum Drawdown | 1.05 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.2604 |
82967NBL1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 82967NBL1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 82967NBL1's standard deviation. In reality, there are many statistical measures that can use 82967NBL1 historical prices to predict the future 82967NBL1's volatility.| Risk Adjusted Performance | 0.0136 | |||
| Jensen Alpha | 0.0011 | |||
| Total Risk Alpha | 0.0029 | |||
| Sortino Ratio | 0.0331 | |||
| Treynor Ratio | 0.0924 |
US82967NBL10 Backtested Returns
At this point, 82967NBL1 is very steady. US82967NBL10 retains Efficiency (Sharpe Ratio) of 0.0374, which signifies that the bond had a 0.0374 % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 82967NBL1, which you can use to evaluate the volatility of the entity. Please confirm 82967NBL1's Risk Adjusted Performance of 0.0136, semi deviation of 0.1826, and Coefficient Of Variation of 1940.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.0085%. The bond owns a Beta (Systematic Risk) of 0.0114, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 82967NBL1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 82967NBL1 is expected to be smaller as well.
Auto-correlation | 0.57 |
Modest predictability
US82967NBL10 has modest predictability. Overlapping area represents the amount of predictability between 82967NBL1 time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of US82967NBL10 price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current 82967NBL1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
US82967NBL10 lagged returns against current returns
Autocorrelation, which is 82967NBL1 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 82967NBL1's bond expected returns. We can calculate the autocorrelation of 82967NBL1 returns to help us make a trade decision. For example, suppose you find that 82967NBL1 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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82967NBL1 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 82967NBL1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 82967NBL1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 82967NBL1 bond over time.
Current vs Lagged Prices |
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82967NBL1 Lagged Returns
When evaluating 82967NBL1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 82967NBL1 bond have on its future price. 82967NBL1 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, 82967NBL1 autocorrelation shows the relationship between 82967NBL1 bond current value and its past values and can show if there is a momentum factor associated with investing in US82967NBL10.
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 82967NBL1 Bond
82967NBL1 financial ratios help investors to determine whether 82967NBL1 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 82967NBL1 with respect to the benefits of owning 82967NBL1 security.