ENR 4375 31 MAR 29 Market Value
| U29195AE1 | 93.80 0.00 0.00% |
| Symbol | U29195AE1 |
Please note, there is a significant difference between U29195AE1's value and its price as these two are different measures arrived at by different means. Investors typically determine if U29195AE1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U29195AE1'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.
U29195AE1 '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 U29195AE1'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 U29195AE1.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in U29195AE1 on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding ENR 4375 31 MAR 29 or generate 0.0% return on investment in U29195AE1 over 30 days. U29195AE1 is related to or competes with Boston Omaha, Yuexiu Transport, BOS Better, NioCorp Developments, WiMi Hologram, and 51Talk Online. More
U29195AE1 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 U29195AE1'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 ENR 4375 31 MAR 29 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5997 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.69 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 1.19 |
U29195AE1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for U29195AE1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as U29195AE1's standard deviation. In reality, there are many statistical measures that can use U29195AE1 historical prices to predict the future U29195AE1's volatility.| Risk Adjusted Performance | 0.098 | |||
| Jensen Alpha | 0.0924 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.78) |
ENR 4375 31 Backtested Returns
ENR 4375 31 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0036, which indicates the bond had a -0.0036% return per unit of standard deviation over the last 3 months. ENR 4375 31 MAR 29 exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate U29195AE1's Downside Deviation of 0.5997, risk adjusted performance of 0.098, and Market Risk Adjusted Performance of (0.77) to confirm the risk estimate we provide. The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning U29195AE1 are expected to decrease at a much lower rate. During the bear market, U29195AE1 is likely to outperform the market.
Auto-correlation | 0.85 |
Very good predictability
ENR 4375 31 MAR 29 has very good predictability. Overlapping area represents the amount of predictability between U29195AE1 time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 ENR 4375 31 price movement. The serial correlation of 0.85 indicates that around 85.0% of current U29195AE1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
ENR 4375 31 lagged returns against current returns
Autocorrelation, which is U29195AE1 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 U29195AE1's bond expected returns. We can calculate the autocorrelation of U29195AE1 returns to help us make a trade decision. For example, suppose you find that U29195AE1 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 |
U29195AE1 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 U29195AE1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if U29195AE1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in U29195AE1 bond over time.
Current vs Lagged Prices |
| Timeline |
U29195AE1 Lagged Returns
When evaluating U29195AE1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of U29195AE1 bond have on its future price. U29195AE1 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, U29195AE1 autocorrelation shows the relationship between U29195AE1 bond current value and its past values and can show if there is a momentum factor associated with investing in ENR 4375 31 MAR 29.
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 U29195AE1 Bond
U29195AE1 financial ratios help investors to determine whether U29195AE1 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 U29195AE1 with respect to the benefits of owning U29195AE1 security.