SWKS 3 01 JUN 31 Market Value
| 83088MAL6 | 73.76 12.02 14.01% |
| Symbol | 83088MAL6 |
Please note, there is a significant difference between 83088MAL6's value and its price as these two are different measures arrived at by different means. Investors typically determine if 83088MAL6 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 83088MAL6'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.
83088MAL6 '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 83088MAL6'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 83088MAL6.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 83088MAL6 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding SWKS 3 01 JUN 31 or generate 0.0% return on investment in 83088MAL6 over 30 days. 83088MAL6 is related to or competes with Simon Property, Coupang LLC, Grocery Outlet, Highway Holdings, Western Acquisition, and Cedar Realty. More
83088MAL6 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 83088MAL6'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 SWKS 3 01 JUN 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 17.78 | |||
| Value At Risk | (4.77) | |||
| Potential Upside | 4.71 |
83088MAL6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 83088MAL6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 83088MAL6's standard deviation. In reality, there are many statistical measures that can use 83088MAL6 historical prices to predict the future 83088MAL6's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.57) |
SWKS 3 01 Backtested Returns
SWKS 3 01 secures Sharpe Ratio (or Efficiency) of -0.0372, which signifies that the bond had a -0.0372% return per unit of risk over the last 3 months. SWKS 3 01 JUN 31 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 83088MAL6's Coefficient Of Variation of (1,195), standard deviation of 2.82, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 83088MAL6's returns are expected to increase less than the market. However, during the bear market, the loss of holding 83088MAL6 is expected to be smaller as well.
Auto-correlation | -0.5 |
Modest reverse predictability
SWKS 3 01 JUN 31 has modest reverse predictability. Overlapping area represents the amount of predictability between 83088MAL6 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 SWKS 3 01 price movement. The serial correlation of -0.5 indicates that about 50.0% of current 83088MAL6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 12.84 |
SWKS 3 01 lagged returns against current returns
Autocorrelation, which is 83088MAL6 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 83088MAL6's bond expected returns. We can calculate the autocorrelation of 83088MAL6 returns to help us make a trade decision. For example, suppose you find that 83088MAL6 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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83088MAL6 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 83088MAL6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 83088MAL6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 83088MAL6 bond over time.
Current vs Lagged Prices |
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83088MAL6 Lagged Returns
When evaluating 83088MAL6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 83088MAL6 bond have on its future price. 83088MAL6 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, 83088MAL6 autocorrelation shows the relationship between 83088MAL6 bond current value and its past values and can show if there is a momentum factor associated with investing in SWKS 3 01 JUN 31.
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 83088MAL6 Bond
83088MAL6 financial ratios help investors to determine whether 83088MAL6 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 83088MAL6 with respect to the benefits of owning 83088MAL6 security.