PCG 5099 01 JUN 52 Market Value
| 693342AK3 | 90.71 9.86 9.80% |
| Symbol | 693342AK3 |
Please note, there is a significant difference between 693342AK3's value and its price as these two are different measures arrived at by different means. Investors typically determine if 693342AK3 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 693342AK3'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.
693342AK3 '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 693342AK3'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 693342AK3.
| 10/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in 693342AK3 on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding PCG 5099 01 JUN 52 or generate 0.0% return on investment in 693342AK3 over 60 days. 693342AK3 is related to or competes with 00108WAF7, 90331HPL1, MetLife, Brera Holdings, Jackson Financial, Fortinet, and Walmart. More
693342AK3 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 693342AK3'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 PCG 5099 01 JUN 52 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 13.9 | |||
| Value At Risk | (5.84) | |||
| Potential Upside | 2.56 |
693342AK3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 693342AK3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 693342AK3's standard deviation. In reality, there are many statistical measures that can use 693342AK3 historical prices to predict the future 693342AK3's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.16) |
PCG 5099 01 Backtested Returns
PCG 5099 01 secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the bond had a -0.22% return per unit of price deviation over the last 3 months. PCG 5099 01 JUN 52 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 693342AK3's Information Ratio of (0.08), market risk adjusted performance of (0.15), and Mean Deviation of 1.65 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 693342AK3's returns are expected to increase less than the market. However, during the bear market, the loss of holding 693342AK3 is expected to be smaller as well.
Auto-correlation | 0.45 |
Average predictability
PCG 5099 01 JUN 52 has average predictability. Overlapping area represents the amount of predictability between 693342AK3 time series from 5th of October 2024 to 4th of November 2024 and 4th of November 2024 to 4th 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 PCG 5099 01 price movement. The serial correlation of 0.45 indicates that just about 45.0% of current 693342AK3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 6.32 |
PCG 5099 01 lagged returns against current returns
Autocorrelation, which is 693342AK3 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 693342AK3's bond expected returns. We can calculate the autocorrelation of 693342AK3 returns to help us make a trade decision. For example, suppose you find that 693342AK3 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 |
693342AK3 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 693342AK3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 693342AK3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 693342AK3 bond over time.
Current vs Lagged Prices |
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693342AK3 Lagged Returns
When evaluating 693342AK3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 693342AK3 bond have on its future price. 693342AK3 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, 693342AK3 autocorrelation shows the relationship between 693342AK3 bond current value and its past values and can show if there is a momentum factor associated with investing in PCG 5099 01 JUN 52.
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 693342AK3 Bond
693342AK3 financial ratios help investors to determine whether 693342AK3 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 693342AK3 with respect to the benefits of owning 693342AK3 security.