US92676XAF42 Market Value
| 92676XAF4 | 83.75 17.34 17.15% |
| Symbol | 92676XAF4 |
92676XAF4 '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 92676XAF4'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 92676XAF4.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in 92676XAF4 on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding US92676XAF42 or generate 0.0% return on investment in 92676XAF4 over 30 days. 92676XAF4 is related to or competes with Imax Corp, Lowes Companies, Kilroy Realty, Disney, and KVH Industries. More
92676XAF4 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 92676XAF4'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 US92676XAF42 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 26.41 | |||
| Value At Risk | (5.63) | |||
| Potential Upside | 0.6106 |
92676XAF4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 92676XAF4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 92676XAF4's standard deviation. In reality, there are many statistical measures that can use 92676XAF4 historical prices to predict the future 92676XAF4's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.78) |
US92676XAF42 Backtested Returns
US92676XAF42 retains Efficiency (Sharpe Ratio) of -0.14, which signifies that the bond had a -0.14 % return per unit of price deviation over the last 3 months. 92676XAF4 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 92676XAF4's Risk Adjusted Performance of (0.06), coefficient of variation of (1,179), and Variance of 8.24 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 92676XAF4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 92676XAF4 is expected to be smaller as well.
Auto-correlation | 0.09 |
Virtually no predictability
US92676XAF42 has virtually no predictability. Overlapping area represents the amount of predictability between 92676XAF4 time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of US92676XAF42 price movement. The serial correlation of 0.09 indicates that less than 9.0% of current 92676XAF4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 31.48 |
US92676XAF42 lagged returns against current returns
Autocorrelation, which is 92676XAF4 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 92676XAF4's bond expected returns. We can calculate the autocorrelation of 92676XAF4 returns to help us make a trade decision. For example, suppose you find that 92676XAF4 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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92676XAF4 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 92676XAF4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 92676XAF4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 92676XAF4 bond over time.
Current vs Lagged Prices |
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92676XAF4 Lagged Returns
When evaluating 92676XAF4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 92676XAF4 bond have on its future price. 92676XAF4 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, 92676XAF4 autocorrelation shows the relationship between 92676XAF4 bond current value and its past values and can show if there is a momentum factor associated with investing in US92676XAF42.
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 92676XAF4 Bond
92676XAF4 financial ratios help investors to determine whether 92676XAF4 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 92676XAF4 with respect to the benefits of owning 92676XAF4 security.