GPS 3625 01 OCT 29 Market Value
| U36547AF1 | 86.18 2.84 3.19% |
| Symbol | U36547AF1 |
Please note, there is a significant difference between U36547AF1's value and its price as these two are different measures arrived at by different means. Investors typically determine if U36547AF1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U36547AF1'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.
U36547AF1 '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 U36547AF1'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 U36547AF1.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in U36547AF1 on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding GPS 3625 01 OCT 29 or generate 0.0% return on investment in U36547AF1 over 30 days. U36547AF1 is related to or competes with American Airlines, SkyWest, Kaltura, NextNav Warrant, Asure Software, Air Transport, and Bill. More
U36547AF1 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 U36547AF1'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 GPS 3625 01 OCT 29 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.41 | |||
| Information Ratio | 0.0027 | |||
| Maximum Drawdown | 49.86 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.87 |
U36547AF1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for U36547AF1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as U36547AF1's standard deviation. In reality, there are many statistical measures that can use U36547AF1 historical prices to predict the future U36547AF1's volatility.| Risk Adjusted Performance | 0.0262 | |||
| Jensen Alpha | 0.3128 | |||
| Total Risk Alpha | (0.79) | |||
| Sortino Ratio | 0.0029 | |||
| Treynor Ratio | (0.08) |
GPS 3625 01 Backtested Returns
At this point, U36547AF1 is very steady. GPS 3625 01 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.02, which indicates the bond had a 0.02% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for GPS 3625 01 OCT 29, which you can use to evaluate the volatility of the bond. Please validate U36547AF1's Risk Adjusted Performance of 0.0262, market risk adjusted performance of (0.07), and Downside Deviation of 5.41 to confirm if the risk estimate we provide is consistent with the expected return of 0.0317%. The entity has a beta of -1.6, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning U36547AF1 are expected to decrease by larger amounts. On the other hand, during market turmoil, U36547AF1 is expected to outperform it.
Auto-correlation | 0.92 |
Excellent predictability
GPS 3625 01 OCT 29 has excellent predictability. Overlapping area represents the amount of predictability between U36547AF1 time series from 12th of November 2024 to 27th of November 2024 and 27th of November 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 GPS 3625 01 price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current U36547AF1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 5.27 |
GPS 3625 01 lagged returns against current returns
Autocorrelation, which is U36547AF1 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 U36547AF1's bond expected returns. We can calculate the autocorrelation of U36547AF1 returns to help us make a trade decision. For example, suppose you find that U36547AF1 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 |
U36547AF1 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 U36547AF1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if U36547AF1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in U36547AF1 bond over time.
Current vs Lagged Prices |
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U36547AF1 Lagged Returns
When evaluating U36547AF1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of U36547AF1 bond have on its future price. U36547AF1 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, U36547AF1 autocorrelation shows the relationship between U36547AF1 bond current value and its past values and can show if there is a momentum factor associated with investing in GPS 3625 01 OCT 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 U36547AF1 Bond
U36547AF1 financial ratios help investors to determine whether U36547AF1 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 U36547AF1 with respect to the benefits of owning U36547AF1 security.