NSC 3 15 MAR 32 Market Value

655844CM8   87.53  0.13  0.15%   
655844CM8's market value is the price at which a share of 655844CM8 trades on an exchange. It measures the collective expectations of NSC 3 15 MAR 32 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of NSC 3 15 MAR 32 and determine expected loss or profit from investing in 655844CM8 over a given investment horizon.
Check out 655844CM8 Correlation, 655844CM8 Volatility and 655844CM8 Alpha and Beta module to complement your research on 655844CM8.
Symbol

Please note, there is a significant difference between 655844CM8's value and its price as these two are different measures arrived at by different means. Investors typically determine if 655844CM8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 655844CM8'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.

655844CM8 '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 655844CM8'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 655844CM8.
0.00
11/22/2024
No Change 0.00  0.0 
In 31 days
12/22/2024
0.00
If you would invest  0.00  in 655844CM8 on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding NSC 3 15 MAR 32 or generate 0.0% return on investment in 655844CM8 over 30 days. 655844CM8 is related to or competes with 00108WAF7, 90331HPL1, Republic Bancorp, BYD Co, Fast Retailing, RCM Technologies, and Trio Tech. More

655844CM8 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 655844CM8'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 NSC 3 15 MAR 32 upside and downside potential and time the market with a certain degree of confidence.

655844CM8 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 655844CM8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 655844CM8's standard deviation. In reality, there are many statistical measures that can use 655844CM8 historical prices to predict the future 655844CM8's volatility.
Hype
Prediction
LowEstimatedHigh
86.9987.5388.07
Details
Intrinsic
Valuation
LowRealHigh
71.3571.8996.28
Details
Naive
Forecast
LowNextHigh
87.8588.3988.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
83.6387.2790.91
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 655844CM8. Your research has to be compared to or analyzed against 655844CM8's peers to derive any actionable benefits. When done correctly, 655844CM8's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 655844CM8.

655844CM8 Backtested Returns

655844CM8 retains Efficiency (Sharpe Ratio) of -0.18, which signifies that the bond had a -0.18% return per unit of price deviation over the last 3 months. 655844CM8 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 655844CM8's Market Risk Adjusted Performance of 0.8717, information ratio of (0.05), and Mean Deviation of 0.7722 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0711, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 655844CM8 are expected to decrease at a much lower rate. During the bear market, 655844CM8 is likely to outperform the market.

Auto-correlation

    
  -0.61  

Very good reverse predictability

NSC 3 15 MAR 32 has very good reverse predictability. Overlapping area represents the amount of predictability between 655844CM8 time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 655844CM8 price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current 655844CM8 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.61
Spearman Rank Test-0.73
Residual Average0.0
Price Variance0.43

655844CM8 lagged returns against current returns

Autocorrelation, which is 655844CM8 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 655844CM8's bond expected returns. We can calculate the autocorrelation of 655844CM8 returns to help us make a trade decision. For example, suppose you find that 655844CM8 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  

655844CM8 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 655844CM8 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 655844CM8 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 655844CM8 bond over time.
   Current vs Lagged Prices   
       Timeline  

655844CM8 Lagged Returns

When evaluating 655844CM8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 655844CM8 bond have on its future price. 655844CM8 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, 655844CM8 autocorrelation shows the relationship between 655844CM8 bond current value and its past values and can show if there is a momentum factor associated with investing in NSC 3 15 MAR 32.
   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 655844CM8 Bond

655844CM8 financial ratios help investors to determine whether 655844CM8 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 655844CM8 with respect to the benefits of owning 655844CM8 security.