EOANGR 665 30 APR 38 Market Value
| 268789AB0 | 109.23 0.00 0.00% |
| Symbol | EOANGR |
Please note, there is a significant difference between EOANGR's value and its price as these two are different measures arrived at by different means. Investors typically determine if EOANGR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EOANGR'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.
EOANGR '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 EOANGR'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 EOANGR.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in EOANGR on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding EOANGR 665 30 APR 38 or generate 0.0% return on investment in EOANGR over 30 days. EOANGR is related to or competes with Independence Realty, Alvarium Tiedemann, Entegris, Micron Technology, IPG Photonics, Western Acquisition, and Papaya Growth. More
EOANGR 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 EOANGR'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 EOANGR 665 30 APR 38 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8878 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.3 |
EOANGR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EOANGR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EOANGR's standard deviation. In reality, there are many statistical measures that can use EOANGR historical prices to predict the future EOANGR's volatility.| Risk Adjusted Performance | 0.0208 | |||
| Jensen Alpha | 0.0186 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.12) |
EOANGR 665 30 Backtested Returns
EOANGR 665 30 retains Efficiency (Sharpe Ratio) of -0.0277, which denotes the bond had a -0.0277% return per unit of risk over the last 3 months. EOANGR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EOANGR's Downside Deviation of 0.8878, coefficient of variation of 4370.11, and Market Risk Adjusted Performance of (0.11) to check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EOANGR are expected to decrease at a much lower rate. During the bear market, EOANGR is likely to outperform the market.
Auto-correlation | 0.20 |
Weak predictability
EOANGR 665 30 APR 38 has weak predictability. Overlapping area represents the amount of predictability between EOANGR time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 EOANGR 665 30 price movement. The serial correlation of 0.2 indicates that over 20.0% of current EOANGR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
EOANGR 665 30 lagged returns against current returns
Autocorrelation, which is EOANGR 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 EOANGR's bond expected returns. We can calculate the autocorrelation of EOANGR returns to help us make a trade decision. For example, suppose you find that EOANGR 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 |
EOANGR 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 EOANGR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EOANGR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EOANGR bond over time.
Current vs Lagged Prices |
| Timeline |
EOANGR Lagged Returns
When evaluating EOANGR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EOANGR bond have on its future price. EOANGR 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, EOANGR autocorrelation shows the relationship between EOANGR bond current value and its past values and can show if there is a momentum factor associated with investing in EOANGR 665 30 APR 38.
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 EOANGR Bond
EOANGR financial ratios help investors to determine whether EOANGR 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 EOANGR with respect to the benefits of owning EOANGR security.