KEY 5 Market Value
| 493267AK4 | 88.22 8.93 9.19% |
| Symbol | 493267AK4 |
Please note, there is a significant difference between 493267AK4's value and its price as these two are different measures arrived at by different means. Investors typically determine if 493267AK4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 493267AK4'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.
493267AK4 '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 493267AK4'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 493267AK4.
| 12/29/2023 |
| 12/23/2024 |
If you would invest 0.00 in 493267AK4 on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding KEY 5 or generate 0.0% return on investment in 493267AK4 over 360 days. 493267AK4 is related to or competes with Coca Cola, Fomento Economico, Monster Beverage, Arrow Electronics, Amkor Technology, Willamette Valley, and Valens. More
493267AK4 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 493267AK4'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 KEY 5 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 33.51 | |||
| Value At Risk | (9.12) | |||
| Potential Upside | 8.67 |
493267AK4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 493267AK4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 493267AK4's standard deviation. In reality, there are many statistical measures that can use 493267AK4 historical prices to predict the future 493267AK4's volatility.| Risk Adjusted Performance | 0.0033 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.10) |
493267AK4 Backtested Returns
493267AK4 secures Sharpe Ratio (or Efficiency) of -0.0674, which signifies that the bond had a -0.0674% return per unit of return volatility over the last 3 months. KEY 5 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 493267AK4's mean deviation of 2.56, and Standard Deviation of 5.33 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 493267AK4's returns are expected to increase less than the market. However, during the bear market, the loss of holding 493267AK4 is expected to be smaller as well.
Auto-correlation | 0.52 |
Modest predictability
KEY 5 has modest predictability. Overlapping area represents the amount of predictability between 493267AK4 time series from 29th of December 2023 to 26th of June 2024 and 26th of June 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 493267AK4 price movement. The serial correlation of 0.52 indicates that about 52.0% of current 493267AK4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 9.93 |
493267AK4 lagged returns against current returns
Autocorrelation, which is 493267AK4 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 493267AK4's bond expected returns. We can calculate the autocorrelation of 493267AK4 returns to help us make a trade decision. For example, suppose you find that 493267AK4 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 |
493267AK4 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 493267AK4 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 493267AK4 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 493267AK4 bond over time.
Current vs Lagged Prices |
| Timeline |
493267AK4 Lagged Returns
When evaluating 493267AK4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 493267AK4 bond have on its future price. 493267AK4 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, 493267AK4 autocorrelation shows the relationship between 493267AK4 bond current value and its past values and can show if there is a momentum factor associated with investing in KEY 5.
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 493267AK4 Bond
493267AK4 financial ratios help investors to determine whether 493267AK4 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 493267AK4 with respect to the benefits of owning 493267AK4 security.