EPRT 295 15 JUL 31 Market Value
| 29670VAA7 | 72.46 13.58 15.78% |
| Symbol | 29670VAA7 |
Please note, there is a significant difference between 29670VAA7's value and its price as these two are different measures arrived at by different means. Investors typically determine if 29670VAA7 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 29670VAA7'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.
29670VAA7 '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 29670VAA7'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 29670VAA7.
| 04/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in 29670VAA7 on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding EPRT 295 15 JUL 31 or generate 0.0% return on investment in 29670VAA7 over 240 days. 29670VAA7 is related to or competes with Dana, Catalent, Merit Medical, Wabash National, Teleflex Incorporated, Thor Industries, and Aquestive Therapeutics. More
29670VAA7 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 29670VAA7'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 EPRT 295 15 JUL 31 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 8.47 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 0.5471 |
29670VAA7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 29670VAA7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 29670VAA7's standard deviation. In reality, there are many statistical measures that can use 29670VAA7 historical prices to predict the future 29670VAA7's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (1.04) |
EPRT 295 15 Backtested Returns
EPRT 295 15 secures Sharpe Ratio (or Efficiency) of -0.058, which signifies that the bond had a -0.058% return per unit of risk over the last 3 months. EPRT 295 15 JUL 31 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 29670VAA7's Variance of 2.03, mean deviation of 0.5803, and Standard Deviation of 1.42 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 29670VAA7's returns are expected to increase less than the market. However, during the bear market, the loss of holding 29670VAA7 is expected to be smaller as well.
Auto-correlation | -0.37 |
Poor reverse predictability
EPRT 295 15 JUL 31 has poor reverse predictability. Overlapping area represents the amount of predictability between 29670VAA7 time series from 27th of April 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 EPRT 295 15 price movement. The serial correlation of -0.37 indicates that just about 37.0% of current 29670VAA7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 3.88 |
EPRT 295 15 lagged returns against current returns
Autocorrelation, which is 29670VAA7 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 29670VAA7's bond expected returns. We can calculate the autocorrelation of 29670VAA7 returns to help us make a trade decision. For example, suppose you find that 29670VAA7 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 |
29670VAA7 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 29670VAA7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 29670VAA7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 29670VAA7 bond over time.
Current vs Lagged Prices |
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29670VAA7 Lagged Returns
When evaluating 29670VAA7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 29670VAA7 bond have on its future price. 29670VAA7 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, 29670VAA7 autocorrelation shows the relationship between 29670VAA7 bond current value and its past values and can show if there is a momentum factor associated with investing in EPRT 295 15 JUL 31.
Regressed Prices |
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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 29670VAA7 Bond
29670VAA7 financial ratios help investors to determine whether 29670VAA7 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 29670VAA7 with respect to the benefits of owning 29670VAA7 security.