Ab Corporate Bond Etf Market Value
| EYEG Etf | USD 36.29 0.18 0.50% |
| Symbol | EYEG |
The market value of AB Corporate Bond is measured differently than its book value, which is the value of EYEG that is recorded on the company's balance sheet. Investors also form their own opinion of AB Corporate's value that differs from its market value or its book value, called intrinsic value, which is AB Corporate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AB Corporate's market value can be influenced by many factors that don't directly affect AB Corporate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AB Corporate's value and its price as these two are different measures arrived at by different means. Investors typically determine if AB Corporate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AB Corporate'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.
AB Corporate '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 AB Corporate's etf 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 AB Corporate.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in AB Corporate on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding AB Corporate Bond or generate 0.0% return on investment in AB Corporate over 30 days. AB Corporate is related to or competes with IShares ESG, FlexShares Disciplined, IShares ESG, First Trust, and FlexShares Credit. EyeGate Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on developing and commercializing produc... More
AB Corporate 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 AB Corporate's etf 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 AB Corporate Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3552 | |||
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 1.63 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.6081 |
AB Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AB Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AB Corporate's standard deviation. In reality, there are many statistical measures that can use AB Corporate historical prices to predict the future AB Corporate's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.37) | |||
| Treynor Ratio | 0.2587 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AB Corporate's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AB Corporate Bond Backtested Returns
At this point, AB Corporate is very steady. AB Corporate Bond retains Efficiency (Sharpe Ratio) of 0.0153, which signifies that the etf had a 0.0153% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for AB Corporate, which you can use to evaluate the volatility of the entity. Please confirm AB Corporate's Market Risk Adjusted Performance of 0.2687, standard deviation of 0.3473, and Coefficient Of Variation of 7274.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.0053%. The entity owns a Beta (Systematic Risk) of -0.0202, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AB Corporate are expected to decrease at a much lower rate. During the bear market, AB Corporate is likely to outperform the market.
Auto-correlation | -0.08 |
Very weak reverse predictability
AB Corporate Bond has very weak reverse predictability. Overlapping area represents the amount of predictability between AB Corporate 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 AB Corporate Bond price movement. The serial correlation of -0.08 indicates that barely 8.0% of current AB Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
AB Corporate Bond lagged returns against current returns
Autocorrelation, which is AB Corporate etf'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 AB Corporate's etf expected returns. We can calculate the autocorrelation of AB Corporate returns to help us make a trade decision. For example, suppose you find that AB Corporate has exhibited high autocorrelation historically, and you observe that the etf 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 |
AB Corporate 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 AB Corporate etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AB Corporate etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AB Corporate etf over time.
Current vs Lagged Prices |
| Timeline |
AB Corporate Lagged Returns
When evaluating AB Corporate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AB Corporate etf have on its future price. AB Corporate 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, AB Corporate autocorrelation shows the relationship between AB Corporate etf current value and its past values and can show if there is a momentum factor associated with investing in AB Corporate Bond.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether AB Corporate Bond is a strong investment it is important to analyze AB Corporate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AB Corporate's future performance. For an informed investment choice regarding EYEG Etf, refer to the following important reports:Check out AB Corporate Correlation, AB Corporate Volatility and AB Corporate Alpha and Beta module to complement your research on AB Corporate. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
AB Corporate technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.