PGE 525 percent Market Value
| 69331CAJ7 | 91.00 7.51 7.62% |
| Symbol | 69331CAJ7 |
69331CAJ7 '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 69331CAJ7'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 69331CAJ7.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in 69331CAJ7 on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding PGE 525 percent or generate 0.0% return on investment in 69331CAJ7 over 30 days. 69331CAJ7 is related to or competes with Verra Mobility, Afya, Asbury Automotive, Hafnia, Saia, Titan Machinery, and Mesa Air. More
69331CAJ7 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 69331CAJ7'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 PGE 525 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 18.38 | |||
| Value At Risk | (4.57) | |||
| Potential Upside | 5.1 |
69331CAJ7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 69331CAJ7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 69331CAJ7's standard deviation. In reality, there are many statistical measures that can use 69331CAJ7 historical prices to predict the future 69331CAJ7's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 4.66 |
PGE 525 percent Backtested Returns
PGE 525 percent secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of price deviation over the last 3 months. PGE 525 percent exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 69331CAJ7's Information Ratio of (0.08), market risk adjusted performance of 4.67, and Mean Deviation of 1.43 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0219, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 69331CAJ7 are expected to decrease at a much lower rate. During the bear market, 69331CAJ7 is likely to outperform the market.
Auto-correlation | -0.37 |
Poor reverse predictability
PGE 525 percent has poor reverse predictability. Overlapping area represents the amount of predictability between 69331CAJ7 time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 PGE 525 percent price movement. The serial correlation of -0.37 indicates that just about 37.0% of current 69331CAJ7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 5.05 |
PGE 525 percent lagged returns against current returns
Autocorrelation, which is 69331CAJ7 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 69331CAJ7's bond expected returns. We can calculate the autocorrelation of 69331CAJ7 returns to help us make a trade decision. For example, suppose you find that 69331CAJ7 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 |
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69331CAJ7 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 69331CAJ7 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 69331CAJ7 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 69331CAJ7 bond over time.
Current vs Lagged Prices |
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69331CAJ7 Lagged Returns
When evaluating 69331CAJ7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 69331CAJ7 bond have on its future price. 69331CAJ7 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, 69331CAJ7 autocorrelation shows the relationship between 69331CAJ7 bond current value and its past values and can show if there is a momentum factor associated with investing in PGE 525 percent.
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 69331CAJ7 Bond
69331CAJ7 financial ratios help investors to determine whether 69331CAJ7 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 69331CAJ7 with respect to the benefits of owning 69331CAJ7 security.