3M 4 percent Market Value
| 88579YBD2 | 80.88 3.83 4.52% |
| Symbol | 88579YBD2 |
Please note, there is a significant difference between 88579YBD2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 88579YBD2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 88579YBD2'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.
88579YBD2 '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 88579YBD2'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 88579YBD2.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in 88579YBD2 on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding 3M 4 percent or generate 0.0% return on investment in 88579YBD2 over 180 days. 88579YBD2 is related to or competes with Enersys, Hurco Companies, Suntory Beverage, Griffon, Boston Beer, SFL, and Fomento Economico. More
88579YBD2 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 88579YBD2'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 3M 4 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 21.75 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 1.93 |
88579YBD2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 88579YBD2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 88579YBD2's standard deviation. In reality, there are many statistical measures that can use 88579YBD2 historical prices to predict the future 88579YBD2's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.45) |
3M 4 percent Backtested Returns
3M 4 percent retains Efficiency (Sharpe Ratio) of -0.0896, which signifies that the bond had a -0.0896% return per unit of price deviation over the last 3 months. 88579YBD2 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 88579YBD2's Market Risk Adjusted Performance of (0.44), information ratio of (0.07), and Variance of 9.97 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 88579YBD2's returns are expected to increase less than the market. However, during the bear market, the loss of holding 88579YBD2 is expected to be smaller as well.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
3M 4 percent has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 88579YBD2 time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 3M 4 percent price movement. The serial correlation of -0.74 indicates that around 74.0% of current 88579YBD2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 6.36 |
3M 4 percent lagged returns against current returns
Autocorrelation, which is 88579YBD2 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 88579YBD2's bond expected returns. We can calculate the autocorrelation of 88579YBD2 returns to help us make a trade decision. For example, suppose you find that 88579YBD2 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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88579YBD2 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 88579YBD2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 88579YBD2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 88579YBD2 bond over time.
Current vs Lagged Prices |
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88579YBD2 Lagged Returns
When evaluating 88579YBD2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 88579YBD2 bond have on its future price. 88579YBD2 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, 88579YBD2 autocorrelation shows the relationship between 88579YBD2 bond current value and its past values and can show if there is a momentum factor associated with investing in 3M 4 percent.
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 88579YBD2 Bond
88579YBD2 financial ratios help investors to determine whether 88579YBD2 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 88579YBD2 with respect to the benefits of owning 88579YBD2 security.