STE 375 15 MAR 51 Market Value
| 85917PAB3 | 74.09 0.68 0.91% |
| Symbol | 85917PAB3 |
Please note, there is a significant difference between 85917PAB3's value and its price as these two are different measures arrived at by different means. Investors typically determine if 85917PAB3 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 85917PAB3'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.
85917PAB3 '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 85917PAB3'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 85917PAB3.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in 85917PAB3 on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding STE 375 15 MAR 51 or generate 0.0% return on investment in 85917PAB3 over 30 days. 85917PAB3 is related to or competes with NextNav Warrant, Rocky Brands, Unilever PLC, Inter Parfums, Rumble, VirnetX Holding, and Skechers USA. More
85917PAB3 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 85917PAB3'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 STE 375 15 MAR 51 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9806 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.61 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.11 |
85917PAB3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 85917PAB3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 85917PAB3's standard deviation. In reality, there are many statistical measures that can use 85917PAB3 historical prices to predict the future 85917PAB3's volatility.| Risk Adjusted Performance | 0.0099 | |||
| Jensen Alpha | 0.0073 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0024 |
STE 375 15 Backtested Returns
STE 375 15 secures Sharpe Ratio (or Efficiency) of -0.068, which signifies that the bond had a -0.068% return per unit of price deviation over the last 3 months. STE 375 15 MAR 51 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 85917PAB3's Semi Deviation of 0.9588, coefficient of variation of 8793.97, and Risk Adjusted Performance of 0.0099 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0584, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 85917PAB3 are expected to decrease at a much lower rate. During the bear market, 85917PAB3 is likely to outperform the market.
Auto-correlation | 0.18 |
Very weak predictability
STE 375 15 MAR 51 has very weak predictability. Overlapping area represents the amount of predictability between 85917PAB3 time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 STE 375 15 price movement. The serial correlation of 0.18 indicates that over 18.0% of current 85917PAB3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
STE 375 15 lagged returns against current returns
Autocorrelation, which is 85917PAB3 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 85917PAB3's bond expected returns. We can calculate the autocorrelation of 85917PAB3 returns to help us make a trade decision. For example, suppose you find that 85917PAB3 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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85917PAB3 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 85917PAB3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 85917PAB3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 85917PAB3 bond over time.
Current vs Lagged Prices |
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85917PAB3 Lagged Returns
When evaluating 85917PAB3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 85917PAB3 bond have on its future price. 85917PAB3 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, 85917PAB3 autocorrelation shows the relationship between 85917PAB3 bond current value and its past values and can show if there is a momentum factor associated with investing in STE 375 15 MAR 51.
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 85917PAB3 Bond
85917PAB3 financial ratios help investors to determine whether 85917PAB3 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 85917PAB3 with respect to the benefits of owning 85917PAB3 security.