DNBNO 5896 09 OCT 26 Market Value
| 23341CAC7 | 99.64 1.15 1.14% |
| Symbol | DNBNO |
Please note, there is a significant difference between DNBNO's value and its price as these two are different measures arrived at by different means. Investors typically determine if DNBNO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DNBNO'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.
DNBNO '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 DNBNO'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 DNBNO.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in DNBNO on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding DNBNO 5896 09 OCT 26 or generate 0.0% return on investment in DNBNO over 180 days. DNBNO is related to or competes with Cracker Barrel, Dennys Corp, Vodka Brands, SBM Offshore, National Beverage, Constellation Brands, and Celsius Holdings. More
DNBNO 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 DNBNO'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 DNBNO 5896 09 OCT 26 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.71) | |||
| Maximum Drawdown | 0.6362 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.1991 |
DNBNO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DNBNO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DNBNO's standard deviation. In reality, there are many statistical measures that can use DNBNO historical prices to predict the future DNBNO's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.885 |
DNBNO 5896 09 Backtested Returns
DNBNO 5896 09 retains Efficiency (Sharpe Ratio) of -0.21, which denotes the bond had a -0.21% return per unit of risk over the last 3 months. DNBNO exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DNBNO's Variance of 0.0434, market risk adjusted performance of 0.895, and Standard Deviation of 0.2083 to check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0227, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DNBNO are expected to decrease at a much lower rate. During the bear market, DNBNO is likely to outperform the market.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
DNBNO 5896 09 OCT 26 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between DNBNO time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 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 DNBNO 5896 09 price movement. The serial correlation of -0.77 indicates that around 77.0% of current DNBNO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
DNBNO 5896 09 lagged returns against current returns
Autocorrelation, which is DNBNO 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 DNBNO's bond expected returns. We can calculate the autocorrelation of DNBNO returns to help us make a trade decision. For example, suppose you find that DNBNO 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 |
DNBNO 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 DNBNO bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DNBNO bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DNBNO bond over time.
Current vs Lagged Prices |
| Timeline |
DNBNO Lagged Returns
When evaluating DNBNO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DNBNO bond have on its future price. DNBNO 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, DNBNO autocorrelation shows the relationship between DNBNO bond current value and its past values and can show if there is a momentum factor associated with investing in DNBNO 5896 09 OCT 26.
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 DNBNO Bond
DNBNO financial ratios help investors to determine whether DNBNO 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 DNBNO with respect to the benefits of owning DNBNO security.