TFC 48 Market Value
| 89832QAD1 | 100.01 0.26 0.26% |
| Symbol | 89832QAD1 |
Please note, there is a significant difference between 89832QAD1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 89832QAD1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 89832QAD1'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.
89832QAD1 '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 89832QAD1'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 89832QAD1.
| 05/18/2025 |
| 08/16/2025 |
If you would invest 0.00 in 89832QAD1 on May 18, 2025 and sell it all today you would earn a total of 0.00 from holding TFC 48 or generate 0.0% return on investment in 89832QAD1 over 90 days. 89832QAD1 is related to or competes with Mosaic, Park Electrochemical, Allegion PLC, Codexis, WT Offshore, Hawkins, and Austin Gold. More
89832QAD1 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 89832QAD1'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 TFC 48 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 30.61 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 2.42 |
89832QAD1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 89832QAD1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 89832QAD1's standard deviation. In reality, there are many statistical measures that can use 89832QAD1 historical prices to predict the future 89832QAD1's volatility.| Risk Adjusted Performance | 0.0222 | |||
| Jensen Alpha | 0.0613 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (16.94) |
89832QAD1 Backtested Returns
89832QAD1 retains Efficiency (Sharpe Ratio) of close to zero, which signifies that the bond had a close to zero % return per unit of price deviation over the last 3 months. 89832QAD1 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 89832QAD1's Semi Deviation of 3.52, coefficient of variation of 5062.93, and Risk Adjusted Performance of 0.0222 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.0036, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 89832QAD1 are expected to decrease at a much lower rate. During the bear market, 89832QAD1 is likely to outperform the market.
Auto-correlation | -0.09 |
Very weak reverse predictability
TFC 48 has very weak reverse predictability. Overlapping area represents the amount of predictability between 89832QAD1 time series from 18th of May 2025 to 2nd of July 2025 and 2nd of July 2025 to 16th 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 89832QAD1 price movement. The serial correlation of -0.09 indicates that less than 9.0% of current 89832QAD1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
89832QAD1 lagged returns against current returns
Autocorrelation, which is 89832QAD1 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 89832QAD1's bond expected returns. We can calculate the autocorrelation of 89832QAD1 returns to help us make a trade decision. For example, suppose you find that 89832QAD1 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 |
89832QAD1 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 89832QAD1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 89832QAD1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 89832QAD1 bond over time.
Current vs Lagged Prices |
| Timeline |
89832QAD1 Lagged Returns
When evaluating 89832QAD1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 89832QAD1 bond have on its future price. 89832QAD1 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, 89832QAD1 autocorrelation shows the relationship between 89832QAD1 bond current value and its past values and can show if there is a momentum factor associated with investing in TFC 48.
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 89832QAD1 Bond
89832QAD1 financial ratios help investors to determine whether 89832QAD1 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 89832QAD1 with respect to the benefits of owning 89832QAD1 security.