US871911AT09 Market Value
| 871911AT0 | 96.78 0.00 0.00% |
| Symbol | 871911AT0 |
Please note, there is a significant difference between 871911AT0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 871911AT0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 871911AT0'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.
871911AT0 '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 871911AT0'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 871911AT0.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in 871911AT0 on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding US871911AT09 or generate 0.0% return on investment in 871911AT0 over 60 days. 871911AT0 is related to or competes with Luxfer Holdings, 51Talk Online, CF Industries, Avient Corp, BOS Better, Flexible Solutions, and Entravision Communications. More
871911AT0 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 871911AT0'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 US871911AT09 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6898 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.11 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.01 |
871911AT0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 871911AT0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 871911AT0's standard deviation. In reality, there are many statistical measures that can use 871911AT0 historical prices to predict the future 871911AT0's volatility.| Risk Adjusted Performance | 0.0523 | |||
| Jensen Alpha | 0.0382 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (6.25) |
US871911AT09 Backtested Returns
At this point, 871911AT0 is very steady. US871911AT09 retains Efficiency (Sharpe Ratio) of 0.0099, which signifies that the bond had a 0.0099% return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for 871911AT0, which you can use to evaluate the volatility of the entity. Please confirm 871911AT0's Coefficient Of Variation of 1346.74, risk adjusted performance of 0.0523, and Semi Deviation of 0.5811 to double-check if the risk estimate we provide is consistent with the expected return of 0.006%. The bond owns a Beta (Systematic Risk) of -0.006, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 871911AT0 are expected to decrease at a much lower rate. During the bear market, 871911AT0 is likely to outperform the market.
Auto-correlation | 0.32 |
Below average predictability
US871911AT09 has below average predictability. Overlapping area represents the amount of predictability between 871911AT0 time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 US871911AT09 price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current 871911AT0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
US871911AT09 lagged returns against current returns
Autocorrelation, which is 871911AT0 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 871911AT0's bond expected returns. We can calculate the autocorrelation of 871911AT0 returns to help us make a trade decision. For example, suppose you find that 871911AT0 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 |
871911AT0 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 871911AT0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 871911AT0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 871911AT0 bond over time.
Current vs Lagged Prices |
| Timeline |
871911AT0 Lagged Returns
When evaluating 871911AT0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 871911AT0 bond have on its future price. 871911AT0 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, 871911AT0 autocorrelation shows the relationship between 871911AT0 bond current value and its past values and can show if there is a momentum factor associated with investing in US871911AT09.
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 871911AT0 Bond
871911AT0 financial ratios help investors to determine whether 871911AT0 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 871911AT0 with respect to the benefits of owning 871911AT0 security.