CS 6373 15 JUL 26 Market Value
| H3698DDR2 | 95.29 4.46 4.47% |
| Symbol | H3698DDR2 |
Please note, there is a significant difference between H3698DDR2's value and its price as these two are different measures arrived at by different means. Investors typically determine if H3698DDR2 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, H3698DDR2'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.
H3698DDR2 '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 H3698DDR2'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 H3698DDR2.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in H3698DDR2 on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding CS 6373 15 JUL 26 or generate 0.0% return on investment in H3698DDR2 over 30 days. H3698DDR2 is related to or competes with Olympic Steel, Pekin Life, Harmony Gold, GoHealth, Chemours, Old Republic, and NI Holdings. More
H3698DDR2 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 H3698DDR2'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 CS 6373 15 JUL 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 4.59 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.6 |
H3698DDR2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for H3698DDR2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as H3698DDR2's standard deviation. In reality, there are many statistical measures that can use H3698DDR2 historical prices to predict the future H3698DDR2's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.6566 |
CS 6373 15 Backtested Returns
CS 6373 15 retains Efficiency (Sharpe Ratio) of -0.0954, which attests that the entity had a -0.0954% return per unit of price deviation over the last 3 months. H3698DDR2 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out H3698DDR2's Variance of 1.01, mean deviation of 0.7712, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning H3698DDR2 are expected to decrease at a much lower rate. During the bear market, H3698DDR2 is likely to outperform the market.
Auto-correlation | 0.13 |
Insignificant predictability
CS 6373 15 JUL 26 has insignificant predictability. Overlapping area represents the amount of predictability between H3698DDR2 time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 CS 6373 15 price movement. The serial correlation of 0.13 indicates that less than 13.0% of current H3698DDR2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 3.02 |
CS 6373 15 lagged returns against current returns
Autocorrelation, which is H3698DDR2 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 H3698DDR2's bond expected returns. We can calculate the autocorrelation of H3698DDR2 returns to help us make a trade decision. For example, suppose you find that H3698DDR2 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 |
H3698DDR2 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 H3698DDR2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if H3698DDR2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in H3698DDR2 bond over time.
Current vs Lagged Prices |
| Timeline |
H3698DDR2 Lagged Returns
When evaluating H3698DDR2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of H3698DDR2 bond have on its future price. H3698DDR2 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, H3698DDR2 autocorrelation shows the relationship between H3698DDR2 bond current value and its past values and can show if there is a momentum factor associated with investing in CS 6373 15 JUL 26.
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 H3698DDR2 Bond
H3698DDR2 financial ratios help investors to determine whether H3698DDR2 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 H3698DDR2 with respect to the benefits of owning H3698DDR2 security.