SUMIBK 5386826 14 JAN 27 Market Value

86562MCL2   97.72  3.14  3.11%   
SUMIBK's market value is the price at which a share of SUMIBK trades on an exchange. It measures the collective expectations of SUMIBK 5386826 14 JAN 27 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of SUMIBK 5386826 14 JAN 27 and determine expected loss or profit from investing in SUMIBK over a given investment horizon.
Check out SUMIBK Correlation, SUMIBK Volatility and SUMIBK Alpha and Beta module to complement your research on SUMIBK.
Symbol

Please note, there is a significant difference between SUMIBK's value and its price as these two are different measures arrived at by different means. Investors typically determine if SUMIBK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SUMIBK'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.

SUMIBK '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 SUMIBK'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 SUMIBK.
0.00
09/13/2024
No Change 0.00  0.0 
In 3 months and 1 day
12/12/2024
0.00
If you would invest  0.00  in SUMIBK on September 13, 2024 and sell it all today you would earn a total of 0.00 from holding SUMIBK 5386826 14 JAN 27 or generate 0.0% return on investment in SUMIBK over 90 days. SUMIBK is related to or competes with Coty, JD Sports, Space Communication, TFI International, BCE, KNOT Offshore, and Eastman Kodak. More

SUMIBK 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 SUMIBK'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 SUMIBK 5386826 14 JAN 27 upside and downside potential and time the market with a certain degree of confidence.

SUMIBK Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SUMIBK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SUMIBK's standard deviation. In reality, there are many statistical measures that can use SUMIBK historical prices to predict the future SUMIBK's volatility.
Hype
Prediction
LowEstimatedHigh
97.0497.7298.40
Details
Intrinsic
Valuation
LowRealHigh
87.9598.7199.39
Details
Naive
Forecast
LowNextHigh
95.5696.2596.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
98.83100.44102.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SUMIBK. Your research has to be compared to or analyzed against SUMIBK's peers to derive any actionable benefits. When done correctly, SUMIBK's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SUMIBK 5386826 14.

SUMIBK 5386826 14 Backtested Returns

SUMIBK 5386826 14 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the bond had a -0.21% return per unit of standard deviation over the last 3 months. SUMIBK 5386826 14 JAN 27 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SUMIBK's variance of 0.7269, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SUMIBK's returns are expected to increase less than the market. However, during the bear market, the loss of holding SUMIBK is expected to be smaller as well.

Auto-correlation

    
  -0.39  

Poor reverse predictability

SUMIBK 5386826 14 JAN 27 has poor reverse predictability. Overlapping area represents the amount of predictability between SUMIBK time series from 13th of September 2024 to 28th of October 2024 and 28th of October 2024 to 12th 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 SUMIBK 5386826 14 price movement. The serial correlation of -0.39 indicates that just about 39.0% of current SUMIBK price fluctuation can be explain by its past prices.
Correlation Coefficient-0.39
Spearman Rank Test0.4
Residual Average0.0
Price Variance0.01

SUMIBK 5386826 14 lagged returns against current returns

Autocorrelation, which is SUMIBK 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 SUMIBK's bond expected returns. We can calculate the autocorrelation of SUMIBK returns to help us make a trade decision. For example, suppose you find that SUMIBK 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  

SUMIBK 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 SUMIBK bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SUMIBK bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SUMIBK bond over time.
   Current vs Lagged Prices   
       Timeline  

SUMIBK Lagged Returns

When evaluating SUMIBK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SUMIBK bond have on its future price. SUMIBK 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, SUMIBK autocorrelation shows the relationship between SUMIBK bond current value and its past values and can show if there is a momentum factor associated with investing in SUMIBK 5386826 14 JAN 27.
   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 SUMIBK Bond

SUMIBK financial ratios help investors to determine whether SUMIBK 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 SUMIBK with respect to the benefits of owning SUMIBK security.