BRASKM 45 31 JAN 30 Market Value
| 10554TAD7 | 79.00 8.65 9.87% |
| Symbol | BRASKM |
Please note, there is a significant difference between BRASKM's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRASKM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRASKM'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.
BRASKM '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 BRASKM'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 BRASKM.
| 05/16/2024 |
| 12/12/2024 |
If you would invest 0.00 in BRASKM on May 16, 2024 and sell it all today you would earn a total of 0.00 from holding BRASKM 45 31 JAN 30 or generate 0.0% return on investment in BRASKM over 210 days. BRASKM is related to or competes with Air Products, Eastman Chemical, Valens, Hawkins, Analog Devices, and MagnaChip Semiconductor. More
BRASKM 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 BRASKM'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 BRASKM 45 31 JAN 30 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (2.85) | |||
| Potential Upside | 1.21 |
BRASKM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BRASKM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BRASKM's standard deviation. In reality, there are many statistical measures that can use BRASKM historical prices to predict the future BRASKM's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (1.00) |
BRASKM 45 31 Backtested Returns
BRASKM 45 31 retains Efficiency (Sharpe Ratio) of -0.14, which signifies that the bond had a -0.14% return per unit of risk over the last 3 months. BRASKM exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BRASKM's variance of 1.53, and Market Risk Adjusted Performance of (0.99) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BRASKM's returns are expected to increase less than the market. However, during the bear market, the loss of holding BRASKM is expected to be smaller as well.
Auto-correlation | -0.09 |
Very weak reverse predictability
BRASKM 45 31 JAN 30 has very weak reverse predictability. Overlapping area represents the amount of predictability between BRASKM time series from 16th of May 2024 to 29th of August 2024 and 29th of August 2024 to 12th 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 BRASKM 45 31 price movement. The serial correlation of -0.09 indicates that less than 9.0% of current BRASKM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.66 |
BRASKM 45 31 lagged returns against current returns
Autocorrelation, which is BRASKM 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 BRASKM's bond expected returns. We can calculate the autocorrelation of BRASKM returns to help us make a trade decision. For example, suppose you find that BRASKM 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 |
BRASKM 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 BRASKM bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BRASKM bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BRASKM bond over time.
Current vs Lagged Prices |
| Timeline |
BRASKM Lagged Returns
When evaluating BRASKM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BRASKM bond have on its future price. BRASKM 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, BRASKM autocorrelation shows the relationship between BRASKM bond current value and its past values and can show if there is a momentum factor associated with investing in BRASKM 45 31 JAN 30.
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 BRASKM Bond
BRASKM financial ratios help investors to determine whether BRASKM 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 BRASKM with respect to the benefits of owning BRASKM security.