CSLAU 495 27 APR 62 Market Value
| 12661PAF6 | 87.76 0.00 0.00% |
| Symbol | CSLAU |
Please note, there is a significant difference between CSLAU's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSLAU is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSLAU'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.
CSLAU '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 CSLAU'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 CSLAU.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in CSLAU on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding CSLAU 495 27 APR 62 or generate 0.0% return on investment in CSLAU over 90 days. CSLAU is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
CSLAU 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 CSLAU'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 CSLAU 495 27 APR 62 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 18.07 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 3.37 |
CSLAU Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CSLAU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CSLAU's standard deviation. In reality, there are many statistical measures that can use CSLAU historical prices to predict the future CSLAU's volatility.| Risk Adjusted Performance | 0.0037 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.23) |
CSLAU 495 27 Backtested Returns
CSLAU 495 27 secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the bond had a -0.15% return per unit of return volatility over the last 3 months. CSLAU 495 27 APR 62 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CSLAU's Coefficient Of Variation of (23,158), risk adjusted performance of 0.0037, and Mean Deviation of 1.25 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.093, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CSLAU's returns are expected to increase less than the market. However, during the bear market, the loss of holding CSLAU is expected to be smaller as well.
Auto-correlation | -0.05 |
Very weak reverse predictability
CSLAU 495 27 APR 62 has very weak reverse predictability. Overlapping area represents the amount of predictability between CSLAU time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 CSLAU 495 27 price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current CSLAU price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
CSLAU 495 27 lagged returns against current returns
Autocorrelation, which is CSLAU 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 CSLAU's bond expected returns. We can calculate the autocorrelation of CSLAU returns to help us make a trade decision. For example, suppose you find that CSLAU 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 |
CSLAU 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 CSLAU bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CSLAU bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CSLAU bond over time.
Current vs Lagged Prices |
| Timeline |
CSLAU Lagged Returns
When evaluating CSLAU's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CSLAU bond have on its future price. CSLAU 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, CSLAU autocorrelation shows the relationship between CSLAU bond current value and its past values and can show if there is a momentum factor associated with investing in CSLAU 495 27 APR 62.
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 CSLAU Bond
CSLAU financial ratios help investors to determine whether CSLAU 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 CSLAU with respect to the benefits of owning CSLAU security.