SUNTRUST BK ATLANTA Market Value
| 86787GAJ1 | 95.61 0.00 0.00% |
| Symbol | 86787GAJ1 |
86787GAJ1 '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 86787GAJ1'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 86787GAJ1.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in 86787GAJ1 on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding SUNTRUST BK ATLANTA or generate 0.0% return on investment in 86787GAJ1 over 90 days. 86787GAJ1 is related to or competes with Life Time, BJs Restaurants, Wendys, Dine Brands, Grupo Aeroportuario, HF Sinclair, and Corporacion America. More
86787GAJ1 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 86787GAJ1'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 SUNTRUST BK ATLANTA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 2.7 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.164 |
86787GAJ1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 86787GAJ1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 86787GAJ1's standard deviation. In reality, there are many statistical measures that can use 86787GAJ1 historical prices to predict the future 86787GAJ1's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (1.39) |
SUNTRUST BK ATLANTA Backtested Returns
SUNTRUST BK ATLANTA 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. SUNTRUST BK ATLANTA exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 86787GAJ1's Risk Adjusted Performance of (0.05), standard deviation of 0.5255, and Coefficient Of Variation of (1,847) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0276, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 86787GAJ1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 86787GAJ1 is expected to be smaller as well.
Auto-correlation | 0.10 |
Insignificant predictability
SUNTRUST BK ATLANTA has insignificant predictability. Overlapping area represents the amount of predictability between 86787GAJ1 time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd of December 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 SUNTRUST BK ATLANTA price movement. The serial correlation of 0.1 indicates that less than 10.0% of current 86787GAJ1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
SUNTRUST BK ATLANTA lagged returns against current returns
Autocorrelation, which is 86787GAJ1 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 86787GAJ1's bond expected returns. We can calculate the autocorrelation of 86787GAJ1 returns to help us make a trade decision. For example, suppose you find that 86787GAJ1 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 |
86787GAJ1 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 86787GAJ1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 86787GAJ1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 86787GAJ1 bond over time.
Current vs Lagged Prices |
| Timeline |
86787GAJ1 Lagged Returns
When evaluating 86787GAJ1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 86787GAJ1 bond have on its future price. 86787GAJ1 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, 86787GAJ1 autocorrelation shows the relationship between 86787GAJ1 bond current value and its past values and can show if there is a momentum factor associated with investing in SUNTRUST BK ATLANTA.
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 86787GAJ1 Bond
86787GAJ1 financial ratios help investors to determine whether 86787GAJ1 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 86787GAJ1 with respect to the benefits of owning 86787GAJ1 security.