STLA 6375 12 SEP 32 Market Value
| 85855CAE0 | 100.12 3.55 3.42% |
| Symbol | 85855CAE0 |
Please note, there is a significant difference between 85855CAE0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 85855CAE0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 85855CAE0'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.
85855CAE0 '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 85855CAE0'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 85855CAE0.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in 85855CAE0 on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding STLA 6375 12 SEP 32 or generate 0.0% return on investment in 85855CAE0 over 30 days. 85855CAE0 is related to or competes with Paysafe, Western Digital, Arrow Electronics, NETGEAR, BioNTech, and Asure Software. More
85855CAE0 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 85855CAE0'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 STLA 6375 12 SEP 32 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.2 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 0.7991 |
85855CAE0 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 85855CAE0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 85855CAE0's standard deviation. In reality, there are many statistical measures that can use 85855CAE0 historical prices to predict the future 85855CAE0's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 0.1646 |
STLA 6375 12 Backtested Returns
STLA 6375 12 secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the bond had a -0.25% return per unit of risk over the last 3 months. STLA 6375 12 SEP 32 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 85855CAE0's Standard Deviation of 2.28, coefficient of variation of (3,140), and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 85855CAE0 are expected to decrease at a much lower rate. During the bear market, 85855CAE0 is likely to outperform the market.
Auto-correlation | 0.12 |
Insignificant predictability
STLA 6375 12 SEP 32 has insignificant predictability. Overlapping area represents the amount of predictability between 85855CAE0 time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 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 STLA 6375 12 price movement. The serial correlation of 0.12 indicates that less than 12.0% of current 85855CAE0 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
STLA 6375 12 lagged returns against current returns
Autocorrelation, which is 85855CAE0 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 85855CAE0's bond expected returns. We can calculate the autocorrelation of 85855CAE0 returns to help us make a trade decision. For example, suppose you find that 85855CAE0 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 |
85855CAE0 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 85855CAE0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 85855CAE0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 85855CAE0 bond over time.
Current vs Lagged Prices |
| Timeline |
85855CAE0 Lagged Returns
When evaluating 85855CAE0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 85855CAE0 bond have on its future price. 85855CAE0 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, 85855CAE0 autocorrelation shows the relationship between 85855CAE0 bond current value and its past values and can show if there is a momentum factor associated with investing in STLA 6375 12 SEP 32.
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 85855CAE0 Bond
85855CAE0 financial ratios help investors to determine whether 85855CAE0 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 85855CAE0 with respect to the benefits of owning 85855CAE0 security.