BANK AMER P Market Value

06050WFE0   90.39  5.96  6.19%   
06050WFE0's market value is the price at which a share of 06050WFE0 trades on an exchange. It measures the collective expectations of BANK AMER P investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of BANK AMER P and determine expected loss or profit from investing in 06050WFE0 over a given investment horizon.
Check out 06050WFE0 Correlation, 06050WFE0 Volatility and 06050WFE0 Alpha and Beta module to complement your research on 06050WFE0.
Symbol

Please note, there is a significant difference between 06050WFE0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 06050WFE0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 06050WFE0'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.

06050WFE0 '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 06050WFE0'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 06050WFE0.
0.00
12/15/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/04/2024
0.00
If you would invest  0.00  in 06050WFE0 on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding BANK AMER P or generate 0.0% return on investment in 06050WFE0 over 720 days. 06050WFE0 is related to or competes with 00108WAF7, 90331HPL1, Jackson Financial, MetLife, Brera Holdings, Fortinet, and Cisco Systems. More

06050WFE0 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 06050WFE0'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 BANK AMER P upside and downside potential and time the market with a certain degree of confidence.

06050WFE0 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 06050WFE0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 06050WFE0's standard deviation. In reality, there are many statistical measures that can use 06050WFE0 historical prices to predict the future 06050WFE0's volatility.
Hype
Prediction
LowEstimatedHigh
88.0790.3992.71
Details
Intrinsic
Valuation
LowRealHigh
79.9382.2599.43
Details
Naive
Forecast
LowNextHigh
88.5590.8793.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
92.8995.2497.59
Details

BANK AMER P Backtested Returns

BANK AMER P secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the bond had a -0.15% return per unit of price deviation over the last 3 months. BANK AMER P exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 06050WFE0's Variance of 4.55, information ratio of (0.08), and Mean Deviation of 1.65 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 06050WFE0's returns are expected to increase less than the market. However, during the bear market, the loss of holding 06050WFE0 is expected to be smaller as well.

Auto-correlation

    
  -0.37  

Poor reverse predictability

BANK AMER P has poor reverse predictability. Overlapping area represents the amount of predictability between 06050WFE0 time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 BANK AMER P price movement. The serial correlation of -0.37 indicates that just about 37.0% of current 06050WFE0 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.37
Spearman Rank Test-0.38
Residual Average0.0
Price Variance5.0

BANK AMER P lagged returns against current returns

Autocorrelation, which is 06050WFE0 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 06050WFE0's bond expected returns. We can calculate the autocorrelation of 06050WFE0 returns to help us make a trade decision. For example, suppose you find that 06050WFE0 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  

06050WFE0 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 06050WFE0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 06050WFE0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 06050WFE0 bond over time.
   Current vs Lagged Prices   
       Timeline  

06050WFE0 Lagged Returns

When evaluating 06050WFE0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 06050WFE0 bond have on its future price. 06050WFE0 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, 06050WFE0 autocorrelation shows the relationship between 06050WFE0 bond current value and its past values and can show if there is a momentum factor associated with investing in BANK AMER P.
   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 06050WFE0 Bond

06050WFE0 financial ratios help investors to determine whether 06050WFE0 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 06050WFE0 with respect to the benefits of owning 06050WFE0 security.