BHCCN 11 30 SEP 28 Market Value

071734AQ0   75.00  23.00  23.47%   
BHCCN's market value is the price at which a share of BHCCN trades on an exchange. It measures the collective expectations of BHCCN 11 30 SEP 28 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of BHCCN 11 30 SEP 28 and determine expected loss or profit from investing in BHCCN over a given investment horizon.
Check out BHCCN Correlation, BHCCN Volatility and BHCCN Alpha and Beta module to complement your research on BHCCN.
Symbol

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

BHCCN '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 BHCCN'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 BHCCN.
0.00
06/07/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/04/2024
0.00
If you would invest  0.00  in BHCCN on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding BHCCN 11 30 SEP 28 or generate 0.0% return on investment in BHCCN over 180 days. BHCCN is related to or competes with CAVA Group,, Dominos Pizza, Starbucks, Wendys, Luxfer Holdings, Texas Roadhouse, and Rave Restaurant. More

BHCCN 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 BHCCN'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 BHCCN 11 30 SEP 28 upside and downside potential and time the market with a certain degree of confidence.

BHCCN Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BHCCN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BHCCN's standard deviation. In reality, there are many statistical measures that can use BHCCN historical prices to predict the future BHCCN's volatility.
Hype
Prediction
LowEstimatedHigh
71.7575.0078.25
Details
Intrinsic
Valuation
LowRealHigh
69.5072.7576.00
Details
Naive
Forecast
LowNextHigh
58.1761.4164.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
78.2688.7699.26
Details

BHCCN 11 30 Backtested Returns

BHCCN 11 30 retains Efficiency (Sharpe Ratio) of -0.0868, which signifies that the bond had a -0.0868% return per unit of risk over the last 3 months. BHCCN exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BHCCN's market risk adjusted performance of (1.37), and Variance of 17.6 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BHCCN's returns are expected to increase less than the market. However, during the bear market, the loss of holding BHCCN is expected to be smaller as well.

Auto-correlation

    
  0.03  

Virtually no predictability

BHCCN 11 30 SEP 28 has virtually no predictability. Overlapping area represents the amount of predictability between BHCCN time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 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 BHCCN 11 30 price movement. The serial correlation of 0.03 indicates that only 3.0% of current BHCCN price fluctuation can be explain by its past prices.
Correlation Coefficient0.03
Spearman Rank Test0.0
Residual Average0.0
Price Variance6.81

BHCCN 11 30 lagged returns against current returns

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

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

BHCCN Lagged Returns

When evaluating BHCCN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BHCCN bond have on its future price. BHCCN 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, BHCCN autocorrelation shows the relationship between BHCCN bond current value and its past values and can show if there is a momentum factor associated with investing in BHCCN 11 30 SEP 28.
   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 BHCCN Bond

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