XIAOMI 3375 29 APR 30 Market Value
| Y77108AA9 | 91.42 0.00 0.00% |
| Symbol | XIAOMI |
Please note, there is a significant difference between XIAOMI's value and its price as these two are different measures arrived at by different means. Investors typically determine if XIAOMI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XIAOMI'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.
XIAOMI '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 XIAOMI'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 XIAOMI.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in XIAOMI on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding XIAOMI 3375 29 APR 30 or generate 0.0% return on investment in XIAOMI over 30 days. XIAOMI is related to or competes with NETGEAR, Avient Corp, Sonos, Mativ Holdings, Plexus Corp, CTS, and Sealed Air. More
XIAOMI 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 XIAOMI'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 XIAOMI 3375 29 APR 30 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.2 | |||
| Information Ratio | 0.0536 | |||
| Maximum Drawdown | 14.2 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 2.7 |
XIAOMI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for XIAOMI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XIAOMI's standard deviation. In reality, there are many statistical measures that can use XIAOMI historical prices to predict the future XIAOMI's volatility.| Risk Adjusted Performance | 0.0746 | |||
| Jensen Alpha | 0.1917 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | (3.90) |
XIAOMI 3375 29 Backtested Returns
XIAOMI 3375 29 retains Efficiency (Sharpe Ratio) of -0.29, which attests that the bond had a -0.29% return per unit of volatility over the last 3 months. XIAOMI exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XIAOMI's Standard Deviation of 2.1, mean deviation of 0.92, and Market Risk Adjusted Performance of (3.89) to validate the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.0482, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning XIAOMI are expected to decrease at a much lower rate. During the bear market, XIAOMI is likely to outperform the market.
Auto-correlation | -0.93 |
Near perfect reversele predictability
XIAOMI 3375 29 APR 30 has near perfect reversele predictability. Overlapping area represents the amount of predictability between XIAOMI time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 XIAOMI 3375 29 price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current XIAOMI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.93 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 19.6 |
XIAOMI 3375 29 lagged returns against current returns
Autocorrelation, which is XIAOMI 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 XIAOMI's bond expected returns. We can calculate the autocorrelation of XIAOMI returns to help us make a trade decision. For example, suppose you find that XIAOMI 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 |
XIAOMI 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 XIAOMI bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XIAOMI bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XIAOMI bond over time.
Current vs Lagged Prices |
| Timeline |
XIAOMI Lagged Returns
When evaluating XIAOMI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XIAOMI bond have on its future price. XIAOMI 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, XIAOMI autocorrelation shows the relationship between XIAOMI bond current value and its past values and can show if there is a momentum factor associated with investing in XIAOMI 3375 29 APR 30.
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 XIAOMI Bond
XIAOMI financial ratios help investors to determine whether XIAOMI 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 XIAOMI with respect to the benefits of owning XIAOMI security.