WM 4625 15 FEB 33 Market Value
| 94106LBU2 | 97.49 1.76 1.77% |
| Symbol | 94106LBU2 |
Please note, there is a significant difference between 94106LBU2's value and its price as these two are different measures arrived at by different means. Investors typically determine if 94106LBU2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 94106LBU2'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.
94106LBU2 '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 94106LBU2'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 94106LBU2.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in 94106LBU2 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding WM 4625 15 FEB 33 or generate 0.0% return on investment in 94106LBU2 over 30 days. 94106LBU2 is related to or competes with Casio Computer, Stratasys, Fevertree Drinks, Freedom Internet, National Beverage, Compania Cervecerias, and Nextplat Corp. More
94106LBU2 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 94106LBU2'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 WM 4625 15 FEB 33 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 4.23 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 0.9172 |
94106LBU2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 94106LBU2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 94106LBU2's standard deviation. In reality, there are many statistical measures that can use 94106LBU2 historical prices to predict the future 94106LBU2's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 2.05 |
WM 4625 15 Backtested Returns
WM 4625 15 retains Efficiency (Sharpe Ratio) of -0.098, which signifies that the bond had a -0.098% return per unit of price deviation over the last 3 months. 94106LBU2 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 94106LBU2's Risk Adjusted Performance of (0.05), coefficient of variation of (1,572), and Variance of 0.7621 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0319, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 94106LBU2 are expected to decrease at a much lower rate. During the bear market, 94106LBU2 is likely to outperform the market.
Auto-correlation | -0.09 |
Very weak reverse predictability
WM 4625 15 FEB 33 has very weak reverse predictability. Overlapping area represents the amount of predictability between 94106LBU2 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 WM 4625 15 price movement. The serial correlation of -0.09 indicates that less than 9.0% of current 94106LBU2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
WM 4625 15 lagged returns against current returns
Autocorrelation, which is 94106LBU2 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 94106LBU2's bond expected returns. We can calculate the autocorrelation of 94106LBU2 returns to help us make a trade decision. For example, suppose you find that 94106LBU2 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 |
94106LBU2 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 94106LBU2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 94106LBU2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 94106LBU2 bond over time.
Current vs Lagged Prices |
| Timeline |
94106LBU2 Lagged Returns
When evaluating 94106LBU2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 94106LBU2 bond have on its future price. 94106LBU2 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, 94106LBU2 autocorrelation shows the relationship between 94106LBU2 bond current value and its past values and can show if there is a momentum factor associated with investing in WM 4625 15 FEB 33.
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 94106LBU2 Bond
94106LBU2 financial ratios help investors to determine whether 94106LBU2 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 94106LBU2 with respect to the benefits of owning 94106LBU2 security.