00037BAC6's market value is the price at which a share of 00037BAC6 trades on an exchange. It measures the collective expectations of ABB FIN USA investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of ABB FIN USA and determine expected loss or profit from investing in 00037BAC6 over a given investment horizon. Check out 00037BAC6 Correlation, 00037BAC6 Volatility and 00037BAC6 Alpha and Beta module to complement your research on 00037BAC6.
Please note, there is a significant difference between 00037BAC6's value and its price as these two are different measures arrived at by different means. Investors typically determine if 00037BAC6 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 00037BAC6'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.
00037BAC6 '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 00037BAC6'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 00037BAC6.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure 00037BAC6'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 ABB FIN USA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for 00037BAC6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 00037BAC6's standard deviation. In reality, there are many statistical measures that can use 00037BAC6 historical prices to predict the future 00037BAC6's volatility.
At this point, 00037BAC6 is very steady. ABB FIN USA 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. We have found twenty-five technical indicators for 00037BAC6, which you can use to evaluate the volatility of the entity. Please confirm 00037BAC6's Coefficient Of Variation of 792.94, market risk adjusted performance of (1.24), and Standard Deviation of 1.55 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. The entity owns a Beta (Systematic Risk) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 00037BAC6 are expected to decrease at a much lower rate. During the bear market, 00037BAC6 is likely to outperform the market.
Auto-correlation
-0.78
Almost perfect reverse predictability
ABB FIN USA has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 00037BAC6 time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 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 ABB FIN USA price movement. The serial correlation of -0.78 indicates that around 78.0% of current 00037BAC6 price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.78
Spearman Rank Test
-0.58
Residual Average
0.0
Price Variance
3.0
ABB FIN USA lagged returns against current returns
Autocorrelation, which is 00037BAC6 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 00037BAC6's bond expected returns. We can calculate the autocorrelation of 00037BAC6 returns to help us make a trade decision. For example, suppose you find that 00037BAC6 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
00037BAC6 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 00037BAC6 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 00037BAC6 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 00037BAC6 bond over time.
Current vs Lagged Prices
Timeline
00037BAC6 Lagged Returns
When evaluating 00037BAC6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 00037BAC6 bond have on its future price. 00037BAC6 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, 00037BAC6 autocorrelation shows the relationship between 00037BAC6 bond current value and its past values and can show if there is a momentum factor associated with investing in ABB FIN USA.
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.
00037BAC6 financial ratios help investors to determine whether 00037BAC6 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 00037BAC6 with respect to the benefits of owning 00037BAC6 security.