US83600GAA22 Market Value
| 83600GAA2 | 88.00 2.64 2.91% |
| Symbol | 83600GAA2 |
83600GAA2 '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 83600GAA2'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 83600GAA2.
| 05/19/2025 |
| 08/17/2025 |
If you would invest 0.00 in 83600GAA2 on May 19, 2025 and sell it all today you would earn a total of 0.00 from holding US83600GAA22 or generate 0.0% return on investment in 83600GAA2 over 90 days. 83600GAA2 is related to or competes with Universal Music, Cresud SACIF, EMCOR, MYR, Trio Tech, and Topbuild Corp. More
83600GAA2 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 83600GAA2'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 US83600GAA22 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.61 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 24.68 | |||
| Value At Risk | (5.11) | |||
| Potential Upside | 5.4 |
83600GAA2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 83600GAA2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 83600GAA2's standard deviation. In reality, there are many statistical measures that can use 83600GAA2 historical prices to predict the future 83600GAA2's volatility.| Risk Adjusted Performance | 0.0085 | |||
| Jensen Alpha | 0.0199 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0259 |
US83600GAA22 Backtested Returns
US83600GAA22 retains Efficiency (Sharpe Ratio) of -0.13, which signifies that the bond had a -0.13 % return per unit of price deviation over the last 3 months. 83600GAA2 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 83600GAA2's Semi Deviation of 3.51, risk adjusted performance of 0.0085, and Coefficient Of Variation of 192457.24 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 83600GAA2 are expected to decrease at a much lower rate. During the bear market, 83600GAA2 is likely to outperform the market.
Auto-correlation | -0.65 |
Very good reverse predictability
US83600GAA22 has very good reverse predictability. Overlapping area represents the amount of predictability between 83600GAA2 time series from 19th of May 2025 to 3rd of July 2025 and 3rd of July 2025 to 17th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of US83600GAA22 price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current 83600GAA2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 15.14 |
US83600GAA22 lagged returns against current returns
Autocorrelation, which is 83600GAA2 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 83600GAA2's bond expected returns. We can calculate the autocorrelation of 83600GAA2 returns to help us make a trade decision. For example, suppose you find that 83600GAA2 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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83600GAA2 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 83600GAA2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 83600GAA2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 83600GAA2 bond over time.
Current vs Lagged Prices |
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83600GAA2 Lagged Returns
When evaluating 83600GAA2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 83600GAA2 bond have on its future price. 83600GAA2 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, 83600GAA2 autocorrelation shows the relationship between 83600GAA2 bond current value and its past values and can show if there is a momentum factor associated with investing in US83600GAA22.
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 83600GAA2 Bond
83600GAA2 financial ratios help investors to determine whether 83600GAA2 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 83600GAA2 with respect to the benefits of owning 83600GAA2 security.