US810186AW67 Market Value
| 810186AW6 | 85.81 3.84 4.28% |
| Symbol | 810186AW6 |
Please note, there is a significant difference between 810186AW6's value and its price as these two are different measures arrived at by different means. Investors typically determine if 810186AW6 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 810186AW6'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.
810186AW6 '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 810186AW6'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 810186AW6.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in 810186AW6 on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding US810186AW67 or generate 0.0% return on investment in 810186AW6 over 720 days. 810186AW6 is related to or competes with Hawkins, Lifevantage, Chemours, CF Industries, Axalta Coating, Luxfer Holdings, and Balchem. More
810186AW6 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 810186AW6'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 US810186AW67 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 20.22 | |||
| Value At Risk | (6.77) | |||
| Potential Upside | 2.65 |
810186AW6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 810186AW6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 810186AW6's standard deviation. In reality, there are many statistical measures that can use 810186AW6 historical prices to predict the future 810186AW6's volatility.| Risk Adjusted Performance | (0.0004) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.2261 |
US810186AW67 Backtested Returns
US810186AW67 retains Efficiency (Sharpe Ratio) of -0.072, which signifies that the bond had a -0.072% return per unit of price deviation over the last 3 months. 810186AW6 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 810186AW6's Variance of 11.17, risk adjusted performance of (0.0004), and Coefficient Of Variation of (9,436) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 810186AW6 are expected to decrease at a much lower rate. During the bear market, 810186AW6 is likely to outperform the market.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
US810186AW67 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 810186AW6 time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 US810186AW67 price movement. The serial correlation of -0.75 indicates that around 75.0% of current 810186AW6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 8.73 |
US810186AW67 lagged returns against current returns
Autocorrelation, which is 810186AW6 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 810186AW6's bond expected returns. We can calculate the autocorrelation of 810186AW6 returns to help us make a trade decision. For example, suppose you find that 810186AW6 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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810186AW6 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 810186AW6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 810186AW6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 810186AW6 bond over time.
Current vs Lagged Prices |
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810186AW6 Lagged Returns
When evaluating 810186AW6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 810186AW6 bond have on its future price. 810186AW6 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, 810186AW6 autocorrelation shows the relationship between 810186AW6 bond current value and its past values and can show if there is a momentum factor associated with investing in US810186AW67.
Regressed Prices |
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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 810186AW6 Bond
810186AW6 financial ratios help investors to determine whether 810186AW6 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 810186AW6 with respect to the benefits of owning 810186AW6 security.