US87264ABR59 Market Value
| 87264ABR5 | 90.99 6.07 6.25% |
| Symbol | 87264ABR5 |
87264ABR5 '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 87264ABR5'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 87264ABR5.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in 87264ABR5 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding US87264ABR59 or generate 0.0% return on investment in 87264ABR5 over 30 days. 87264ABR5 is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
87264ABR5 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 87264ABR5'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 US87264ABR59 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 5.78 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.3198 |
87264ABR5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 87264ABR5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 87264ABR5's standard deviation. In reality, there are many statistical measures that can use 87264ABR5 historical prices to predict the future 87264ABR5's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (1.10) |
US87264ABR59 Backtested Returns
US87264ABR59 retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the bond had a -0.12% return per unit of price deviation over the last 3 months. 87264ABR5 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 87264ABR5's Variance of 0.4745, coefficient of variation of (743.75), and Risk Adjusted Performance of (0.10) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.0929, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 87264ABR5's returns are expected to increase less than the market. However, during the bear market, the loss of holding 87264ABR5 is expected to be smaller as well.
Auto-correlation | 0.24 |
Weak predictability
US87264ABR59 has weak predictability. Overlapping area represents the amount of predictability between 87264ABR5 time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 US87264ABR59 price movement. The serial correlation of 0.24 indicates that over 24.0% of current 87264ABR5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 2.95 |
US87264ABR59 lagged returns against current returns
Autocorrelation, which is 87264ABR5 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 87264ABR5's bond expected returns. We can calculate the autocorrelation of 87264ABR5 returns to help us make a trade decision. For example, suppose you find that 87264ABR5 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 |
87264ABR5 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 87264ABR5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 87264ABR5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 87264ABR5 bond over time.
Current vs Lagged Prices |
| Timeline |
87264ABR5 Lagged Returns
When evaluating 87264ABR5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 87264ABR5 bond have on its future price. 87264ABR5 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, 87264ABR5 autocorrelation shows the relationship between 87264ABR5 bond current value and its past values and can show if there is a momentum factor associated with investing in US87264ABR59.
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 87264ABR5 Bond
87264ABR5 financial ratios help investors to determine whether 87264ABR5 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 87264ABR5 with respect to the benefits of owning 87264ABR5 security.