SYF 2875 28 OCT 31 Market Value
| 87165BAR4 | 77.42 7.15 8.45% |
| Symbol | 87165BAR4 |
Please note, there is a significant difference between 87165BAR4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 87165BAR4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 87165BAR4'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.
87165BAR4 '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 87165BAR4'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 87165BAR4.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in 87165BAR4 on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding SYF 2875 28 OCT 31 or generate 0.0% return on investment in 87165BAR4 over 30 days. 87165BAR4 is related to or competes with NETGEAR, Philip Morris, Vita Coco, Stratasys, Casio Computer, Japan Tobacco, and Freedom Internet. More
87165BAR4 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 87165BAR4'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 SYF 2875 28 OCT 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 23.24 | |||
| Value At Risk | (8.03) | |||
| Potential Upside | 4.08 |
87165BAR4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 87165BAR4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 87165BAR4's standard deviation. In reality, there are many statistical measures that can use 87165BAR4 historical prices to predict the future 87165BAR4's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | 4.85 |
SYF 2875 28 Backtested Returns
SYF 2875 28 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of price deviation over the last 3 months. SYF 2875 28 OCT 31 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 87165BAR4's Variance of 13.4, coefficient of variation of (4,890), and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0175, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 87165BAR4 are expected to decrease at a much lower rate. During the bear market, 87165BAR4 is likely to outperform the market.
Auto-correlation | 0.11 |
Insignificant predictability
SYF 2875 28 OCT 31 has insignificant predictability. Overlapping area represents the amount of predictability between 87165BAR4 time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 SYF 2875 28 price movement. The serial correlation of 0.11 indicates that less than 11.0% of current 87165BAR4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 8.26 |
SYF 2875 28 lagged returns against current returns
Autocorrelation, which is 87165BAR4 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 87165BAR4's bond expected returns. We can calculate the autocorrelation of 87165BAR4 returns to help us make a trade decision. For example, suppose you find that 87165BAR4 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 |
87165BAR4 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 87165BAR4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 87165BAR4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 87165BAR4 bond over time.
Current vs Lagged Prices |
| Timeline |
87165BAR4 Lagged Returns
When evaluating 87165BAR4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 87165BAR4 bond have on its future price. 87165BAR4 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, 87165BAR4 autocorrelation shows the relationship between 87165BAR4 bond current value and its past values and can show if there is a momentum factor associated with investing in SYF 2875 28 OCT 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 87165BAR4 Bond
87165BAR4 financial ratios help investors to determine whether 87165BAR4 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 87165BAR4 with respect to the benefits of owning 87165BAR4 security.