SANUK 6534 10 JAN 29 Market Value
| 80281LAT2 | 101.32 2.40 2.31% |
| Symbol | SANUK |
Please note, there is a significant difference between SANUK's value and its price as these two are different measures arrived at by different means. Investors typically determine if SANUK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SANUK'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.
SANUK '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 SANUK'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 SANUK.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in SANUK on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding SANUK 6534 10 JAN 29 or generate 0.0% return on investment in SANUK over 30 days. SANUK is related to or competes with JD Sports, Deluxe, Mesa Air, Old Dominion, Fluent, National CineMedia, and WPP PLC. More
SANUK 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 SANUK'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 SANUK 6534 10 JAN 29 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.2888 |
SANUK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SANUK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SANUK's standard deviation. In reality, there are many statistical measures that can use SANUK historical prices to predict the future SANUK's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (2.14) |
SANUK 6534 10 Backtested Returns
SANUK 6534 10 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the bond had a -0.22% return per unit of standard deviation over the last 3 months. SANUK 6534 10 JAN 29 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SANUK's Market Risk Adjusted Performance of (2.13), risk adjusted performance of (0.11), and Standard Deviation of 0.351 to confirm the risk estimate we provide. The entity has a beta of 0.0282, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SANUK's returns are expected to increase less than the market. However, during the bear market, the loss of holding SANUK is expected to be smaller as well.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
SANUK 6534 10 JAN 29 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between SANUK time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 SANUK 6534 10 price movement. The serial correlation of -0.71 indicates that around 71.0% of current SANUK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
SANUK 6534 10 lagged returns against current returns
Autocorrelation, which is SANUK 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 SANUK's bond expected returns. We can calculate the autocorrelation of SANUK returns to help us make a trade decision. For example, suppose you find that SANUK 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 |
SANUK 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 SANUK bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SANUK bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SANUK bond over time.
Current vs Lagged Prices |
| Timeline |
SANUK Lagged Returns
When evaluating SANUK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SANUK bond have on its future price. SANUK 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, SANUK autocorrelation shows the relationship between SANUK bond current value and its past values and can show if there is a momentum factor associated with investing in SANUK 6534 10 JAN 29.
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 SANUK Bond
SANUK financial ratios help investors to determine whether SANUK 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 SANUK with respect to the benefits of owning SANUK security.