ATO 285 15 FEB 52 Market Value
| 049560AW5 | 66.17 5.12 8.39% |
| Symbol | 049560AW5 |
Please note, there is a significant difference between 049560AW5's value and its price as these two are different measures arrived at by different means. Investors typically determine if 049560AW5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 049560AW5'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.
049560AW5 '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 049560AW5'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 049560AW5.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in 049560AW5 on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding ATO 285 15 FEB 52 or generate 0.0% return on investment in 049560AW5 over 30 days. 049560AW5 is related to or competes with Morgan Stanley, Tyson Foods, Aldel Financial, Alvarium Tiedemann, Bluerock Homes, AMCON Distributing, and SNDL. More
049560AW5 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 049560AW5'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 ATO 285 15 FEB 52 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.76 | |||
| Information Ratio | 0.0217 | |||
| Maximum Drawdown | 35.54 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 1.55 |
049560AW5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 049560AW5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 049560AW5's standard deviation. In reality, there are many statistical measures that can use 049560AW5 historical prices to predict the future 049560AW5's volatility.| Risk Adjusted Performance | 0.0313 | |||
| Jensen Alpha | 0.1064 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0243 | |||
| Treynor Ratio | 0.357 |
ATO 285 15 Backtested Returns
049560AW5 appears to be very steady, given 3 months investment horizon. ATO 285 15 secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the bond had a 0.1% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for ATO 285 15 FEB 52, which you can use to evaluate the volatility of the entity. Please makes use of 049560AW5's Risk Adjusted Performance of 0.0313, coefficient of variation of 3412.27, and Mean Deviation of 1.74 to double-check if our risk estimates are consistent with your expectations. The bond shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 049560AW5's returns are expected to increase less than the market. However, during the bear market, the loss of holding 049560AW5 is expected to be smaller as well.
Auto-correlation | 0.10 |
Insignificant predictability
ATO 285 15 FEB 52 has insignificant predictability. Overlapping area represents the amount of predictability between 049560AW5 time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 ATO 285 15 price movement. The serial correlation of 0.1 indicates that less than 10.0% of current 049560AW5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 11.13 |
ATO 285 15 lagged returns against current returns
Autocorrelation, which is 049560AW5 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 049560AW5's bond expected returns. We can calculate the autocorrelation of 049560AW5 returns to help us make a trade decision. For example, suppose you find that 049560AW5 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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049560AW5 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 049560AW5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 049560AW5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 049560AW5 bond over time.
Current vs Lagged Prices |
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049560AW5 Lagged Returns
When evaluating 049560AW5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 049560AW5 bond have on its future price. 049560AW5 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, 049560AW5 autocorrelation shows the relationship between 049560AW5 bond current value and its past values and can show if there is a momentum factor associated with investing in ATO 285 15 FEB 52.
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 049560AW5 Bond
049560AW5 financial ratios help investors to determine whether 049560AW5 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 049560AW5 with respect to the benefits of owning 049560AW5 security.