UAL 31 07 OCT 28 Market Value
| 90932DAA3 | 91.00 0.00 0.00% |
| Symbol | 90932DAA3 |
Please note, there is a significant difference between 90932DAA3's value and its price as these two are different measures arrived at by different means. Investors typically determine if 90932DAA3 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 90932DAA3'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.
90932DAA3 '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 90932DAA3'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 90932DAA3.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 90932DAA3 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding UAL 31 07 OCT 28 or generate 0.0% return on investment in 90932DAA3 over 30 days. 90932DAA3 is related to or competes with 00108WAF7, 90331HPL1, 3M, Alcoa Corp, ATT, Johnson Johnson, and Intel. More
90932DAA3 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 90932DAA3'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 UAL 31 07 OCT 28 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 13.12 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 3.7 |
90932DAA3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 90932DAA3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 90932DAA3's standard deviation. In reality, there are many statistical measures that can use 90932DAA3 historical prices to predict the future 90932DAA3's volatility.| Risk Adjusted Performance | 0.0315 | |||
| Jensen Alpha | 0.011 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1426 |
UAL 31 07 Backtested Returns
At this point, 90932DAA3 is very steady. UAL 31 07 secures Sharpe Ratio (or Efficiency) of 0.0172, which signifies that the bond had a 0.0172% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for UAL 31 07 OCT 28, which you can use to evaluate the volatility of the entity. Please confirm 90932DAA3's Risk Adjusted Performance of 0.0315, semi deviation of 2.01, and Downside Deviation of 2.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.0497%. The entity shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 90932DAA3's returns are expected to increase less than the market. However, during the bear market, the loss of holding 90932DAA3 is expected to be smaller as well.
Auto-correlation | -0.66 |
Very good reverse predictability
UAL 31 07 OCT 28 has very good reverse predictability. Overlapping area represents the amount of predictability between 90932DAA3 time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 UAL 31 07 price movement. The serial correlation of -0.66 indicates that around 66.0% of current 90932DAA3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 1.76 |
UAL 31 07 lagged returns against current returns
Autocorrelation, which is 90932DAA3 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 90932DAA3's bond expected returns. We can calculate the autocorrelation of 90932DAA3 returns to help us make a trade decision. For example, suppose you find that 90932DAA3 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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90932DAA3 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 90932DAA3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 90932DAA3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 90932DAA3 bond over time.
Current vs Lagged Prices |
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90932DAA3 Lagged Returns
When evaluating 90932DAA3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 90932DAA3 bond have on its future price. 90932DAA3 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, 90932DAA3 autocorrelation shows the relationship between 90932DAA3 bond current value and its past values and can show if there is a momentum factor associated with investing in UAL 31 07 OCT 28.
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 90932DAA3 Bond
90932DAA3 financial ratios help investors to determine whether 90932DAA3 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 90932DAA3 with respect to the benefits of owning 90932DAA3 security.