US126307BK24 Market Value
| 126307BK2 | 58.50 3.50 6.36% |
| Symbol | 126307BK2 |
126307BK2 '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 126307BK2'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 126307BK2.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in 126307BK2 on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding US126307BK24 or generate 0.0% return on investment in 126307BK2 over 90 days. 126307BK2 is related to or competes with 00108WAF7, 90331HPL1, PayPal Holdings, Alphabet, IQIYI, Applied Blockchain, and Aerovate Therapeutics. More
126307BK2 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 126307BK2'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 US126307BK24 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.3 | |||
| Information Ratio | 0.128 | |||
| Maximum Drawdown | 15.97 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 7.4 |
126307BK2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 126307BK2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 126307BK2's standard deviation. In reality, there are many statistical measures that can use 126307BK2 historical prices to predict the future 126307BK2's volatility.| Risk Adjusted Performance | 0.1261 | |||
| Jensen Alpha | 0.4218 | |||
| Total Risk Alpha | 0.0079 | |||
| Sortino Ratio | 0.1354 | |||
| Treynor Ratio | 0.4594 |
US126307BK24 Backtested Returns
126307BK2 appears to be very steady, given 3 months investment horizon. US126307BK24 retains Efficiency (Sharpe Ratio) of 0.19, which signifies that the bond had a 0.19% return per unit of price deviation over the last 3 months. By evaluating 126307BK2's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of 126307BK2's Coefficient Of Variation of 611.24, semi deviation of 2.56, and Risk Adjusted Performance of 0.1261 to double-check if our risk estimates are consistent with your expectations. The bond owns a Beta (Systematic Risk) of 1.22, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 126307BK2 will likely underperform.
Auto-correlation | 0.49 |
Average predictability
US126307BK24 has average predictability. Overlapping area represents the amount of predictability between 126307BK2 time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 US126307BK24 price movement. The serial correlation of 0.49 indicates that about 49.0% of current 126307BK2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 6.56 |
US126307BK24 lagged returns against current returns
Autocorrelation, which is 126307BK2 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 126307BK2's bond expected returns. We can calculate the autocorrelation of 126307BK2 returns to help us make a trade decision. For example, suppose you find that 126307BK2 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 |
126307BK2 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 126307BK2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 126307BK2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 126307BK2 bond over time.
Current vs Lagged Prices |
| Timeline |
126307BK2 Lagged Returns
When evaluating 126307BK2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 126307BK2 bond have on its future price. 126307BK2 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, 126307BK2 autocorrelation shows the relationship between 126307BK2 bond current value and its past values and can show if there is a momentum factor associated with investing in US126307BK24.
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 126307BK2 Bond
126307BK2 financial ratios help investors to determine whether 126307BK2 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 126307BK2 with respect to the benefits of owning 126307BK2 security.