RILIN 3625 12 JAN 52 Market Value
| 759470BD8 | 69.99 0.61 0.88% |
| Symbol | RILIN |
Please note, there is a significant difference between RILIN's value and its price as these two are different measures arrived at by different means. Investors typically determine if RILIN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RILIN'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.
RILIN '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 RILIN'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 RILIN.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in RILIN on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding RILIN 3625 12 JAN 52 or generate 0.0% return on investment in RILIN over 30 days. RILIN is related to or competes with WT Offshore, Addus HomeCare, Lululemon Athletica, Jutal Offshore, Weyco, and SBM Offshore. More
RILIN 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 RILIN'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 RILIN 3625 12 JAN 52 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.7 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 3.03 |
RILIN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RILIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RILIN's standard deviation. In reality, there are many statistical measures that can use RILIN historical prices to predict the future RILIN's volatility.| Risk Adjusted Performance | 0.013 | |||
| Jensen Alpha | 0.0083 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.03) |
RILIN 3625 12 Backtested Returns
RILIN 3625 12 maintains Sharpe Ratio (i.e., Efficiency) of -0.2, which implies the entity had a -0.2% return per unit of volatility over the last 3 months. RILIN 3625 12 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RILIN's semi deviation of 1.05, and Risk Adjusted Performance of 0.013 to confirm the risk estimate we provide. The bond holds a Beta of -0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RILIN are expected to decrease at a much lower rate. During the bear market, RILIN is likely to outperform the market.
Auto-correlation | -0.64 |
Very good reverse predictability
RILIN 3625 12 JAN 52 has very good reverse predictability. Overlapping area represents the amount of predictability between RILIN time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 RILIN 3625 12 price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current RILIN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
RILIN 3625 12 lagged returns against current returns
Autocorrelation, which is RILIN 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 RILIN's bond expected returns. We can calculate the autocorrelation of RILIN returns to help us make a trade decision. For example, suppose you find that RILIN 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 |
RILIN 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 RILIN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RILIN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RILIN bond over time.
Current vs Lagged Prices |
| Timeline |
RILIN Lagged Returns
When evaluating RILIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RILIN bond have on its future price. RILIN 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, RILIN autocorrelation shows the relationship between RILIN bond current value and its past values and can show if there is a momentum factor associated with investing in RILIN 3625 12 JAN 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 RILIN Bond
RILIN financial ratios help investors to determine whether RILIN 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 RILIN with respect to the benefits of owning RILIN security.