STLA 1711 29 JAN 27 Market Value
| 85855CAA8 | 89.73 4.67 4.95% |
| Symbol | 85855CAA8 |
Please note, there is a significant difference between 85855CAA8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 85855CAA8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 85855CAA8'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.
85855CAA8 '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 85855CAA8'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 85855CAA8.
| 04/12/2023 |
| 04/01/2025 |
If you would invest 0.00 in 85855CAA8 on April 12, 2023 and sell it all today you would earn a total of 0.00 from holding STLA 1711 29 JAN 27 or generate 0.0% return on investment in 85855CAA8 over 720 days. 85855CAA8 is related to or competes with Graham Holdings, LG Display, Canlan Ice, JD Sports, Mattel, Deluxe, and United Parks. More
85855CAA8 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 85855CAA8'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 STLA 1711 29 JAN 27 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 0.4567 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.2469 |
85855CAA8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 85855CAA8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 85855CAA8's standard deviation. In reality, there are many statistical measures that can use 85855CAA8 historical prices to predict the future 85855CAA8's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.1948 |
STLA 1711 29 Backtested Returns
STLA 1711 29 secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the bond had a -0.12 % return per unit of risk over the last 3 months. STLA 1711 29 JAN 27 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 85855CAA8's Risk Adjusted Performance of (0.11), standard deviation of 0.8382, and Coefficient Of Variation of (806.76) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 85855CAA8 are expected to decrease at a much lower rate. During the bear market, 85855CAA8 is likely to outperform the market.
Auto-correlation | 0.27 |
Poor predictability
STLA 1711 29 JAN 27 has poor predictability. Overlapping area represents the amount of predictability between 85855CAA8 time series from 12th of April 2023 to 6th of April 2024 and 6th of April 2024 to 1st of April 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 STLA 1711 29 price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current 85855CAA8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 1.74 |
STLA 1711 29 lagged returns against current returns
Autocorrelation, which is 85855CAA8 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 85855CAA8's bond expected returns. We can calculate the autocorrelation of 85855CAA8 returns to help us make a trade decision. For example, suppose you find that 85855CAA8 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 |
85855CAA8 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 85855CAA8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 85855CAA8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 85855CAA8 bond over time.
Current vs Lagged Prices |
| Timeline |
85855CAA8 Lagged Returns
When evaluating 85855CAA8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 85855CAA8 bond have on its future price. 85855CAA8 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, 85855CAA8 autocorrelation shows the relationship between 85855CAA8 bond current value and its past values and can show if there is a momentum factor associated with investing in STLA 1711 29 JAN 27.
Regressed Prices |
| Timeline |
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| ASLE | AerSale Corp | |
| ATS | AT S Austria |
Other Information on Investing in 85855CAA8 Bond
85855CAA8 financial ratios help investors to determine whether 85855CAA8 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 85855CAA8 with respect to the benefits of owning 85855CAA8 security.