SOCGEN 4027 21 JAN 43 Market Value
| 83368RBK7 | 70.89 1.04 1.45% |
| Symbol | SOCGEN |
Please note, there is a significant difference between SOCGEN's value and its price as these two are different measures arrived at by different means. Investors typically determine if SOCGEN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SOCGEN'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.
SOCGEN '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 SOCGEN'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 SOCGEN.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in SOCGEN on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding SOCGEN 4027 21 JAN 43 or generate 0.0% return on investment in SOCGEN over 30 days. SOCGEN is related to or competes with Gap,, Under Armour, LB Foster, Steven Madden, Grocery Outlet, Tandy Leather, and Ralph Lauren. More
SOCGEN 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 SOCGEN'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 SOCGEN 4027 21 JAN 43 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.79 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.96 |
SOCGEN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SOCGEN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SOCGEN's standard deviation. In reality, there are many statistical measures that can use SOCGEN historical prices to predict the future SOCGEN's volatility.| Risk Adjusted Performance | 0.0483 | |||
| Jensen Alpha | 0.0842 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.25) |
SOCGEN 4027 21 Backtested Returns
SOCGEN 4027 21 retains Efficiency (Sharpe Ratio) of -0.14, which indicates the bond had a -0.14% return per unit of volatility over the last 3 months. SOCGEN exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SOCGEN's downside deviation of 1.2, and Risk Adjusted Performance of 0.0483 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SOCGEN are expected to decrease at a much lower rate. During the bear market, SOCGEN is likely to outperform the market.
Auto-correlation | -0.87 |
Excellent reverse predictability
SOCGEN 4027 21 JAN 43 has excellent reverse predictability. Overlapping area represents the amount of predictability between SOCGEN 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 SOCGEN 4027 21 price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current SOCGEN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
SOCGEN 4027 21 lagged returns against current returns
Autocorrelation, which is SOCGEN 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 SOCGEN's bond expected returns. We can calculate the autocorrelation of SOCGEN returns to help us make a trade decision. For example, suppose you find that SOCGEN 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 |
SOCGEN 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 SOCGEN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SOCGEN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SOCGEN bond over time.
Current vs Lagged Prices |
| Timeline |
SOCGEN Lagged Returns
When evaluating SOCGEN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SOCGEN bond have on its future price. SOCGEN 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, SOCGEN autocorrelation shows the relationship between SOCGEN bond current value and its past values and can show if there is a momentum factor associated with investing in SOCGEN 4027 21 JAN 43.
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 SOCGEN Bond
SOCGEN financial ratios help investors to determine whether SOCGEN 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 SOCGEN with respect to the benefits of owning SOCGEN security.