USAACA 3375 01 MAY 25 Market Value
| 90327QD89 | 96.41 3.07 3.09% |
| Symbol | USAACA |
Please note, there is a significant difference between USAACA's value and its price as these two are different measures arrived at by different means. Investors typically determine if USAACA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USAACA'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.
USAACA '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 USAACA'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 USAACA.
| 04/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in USAACA on April 30, 2024 and sell it all today you would earn a total of 0.00 from holding USAACA 3375 01 MAY 25 or generate 0.0% return on investment in USAACA over 210 days. USAACA is related to or competes with Visteon Corp, Wendys, Dominos Pizza, Aeye, Marine Products, American Axle, and Thor Industries. More
USAACA 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 USAACA'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 USAACA 3375 01 MAY 25 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 1.5 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.1934 |
USAACA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for USAACA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as USAACA's standard deviation. In reality, there are many statistical measures that can use USAACA historical prices to predict the future USAACA's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.5253 |
USAACA 3375 01 Backtested Returns
USAACA 3375 01 retains Efficiency (Sharpe Ratio) of -0.17, which indicates the bond had a -0.17% return per unit of volatility over the last 3 months. USAACA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate USAACA's risk adjusted performance of (0.08), and Standard Deviation of 0.3143 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.0738, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning USAACA are expected to decrease at a much lower rate. During the bear market, USAACA is likely to outperform the market.
Auto-correlation | -0.43 |
Modest reverse predictability
USAACA 3375 01 MAY 25 has modest reverse predictability. Overlapping area represents the amount of predictability between USAACA time series from 30th of April 2024 to 13th of August 2024 and 13th of August 2024 to 26th 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 USAACA 3375 01 price movement. The serial correlation of -0.43 indicates that just about 43.0% of current USAACA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
USAACA 3375 01 lagged returns against current returns
Autocorrelation, which is USAACA 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 USAACA's bond expected returns. We can calculate the autocorrelation of USAACA returns to help us make a trade decision. For example, suppose you find that USAACA 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 |
USAACA 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 USAACA bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if USAACA bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in USAACA bond over time.
Current vs Lagged Prices |
| Timeline |
USAACA Lagged Returns
When evaluating USAACA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of USAACA bond have on its future price. USAACA 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, USAACA autocorrelation shows the relationship between USAACA bond current value and its past values and can show if there is a momentum factor associated with investing in USAACA 3375 01 MAY 25.
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 USAACA Bond
USAACA financial ratios help investors to determine whether USAACA 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 USAACA with respect to the benefits of owning USAACA security.