US023551AF16 Market Value
| 023551AF1 | 113.39 1.12 1.00% |
| Symbol | 023551AF1 |
Please note, there is a significant difference between 023551AF1's value and its price as these two are different measures arrived at by different means. Investors typically determine if 023551AF1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 023551AF1'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.
023551AF1 '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 023551AF1'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 023551AF1.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in 023551AF1 on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding US023551AF16 or generate 0.0% return on investment in 023551AF1 over 90 days. 023551AF1 is related to or competes with 00108WAF7, GOLDMAN, Morgan Stanley, Clarkson PLC, Mueller Industries, Live Nation, and Delek Energy. More
023551AF1 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 023551AF1'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 US023551AF16 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6518 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 0.9661 |
023551AF1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 023551AF1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 023551AF1's standard deviation. In reality, there are many statistical measures that can use 023551AF1 historical prices to predict the future 023551AF1's volatility.| Risk Adjusted Performance | 0.0418 | |||
| Jensen Alpha | 0.0114 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.2847 |
US023551AF16 Backtested Returns
At this point, 023551AF1 is very steady. US023551AF16 retains Efficiency (Sharpe Ratio) of 0.0928, which signifies that the bond had a 0.0928 % return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 023551AF1, which you can use to evaluate the volatility of the entity. Please confirm 023551AF1's Coefficient Of Variation of 2008.0, risk adjusted performance of 0.0418, and Semi Deviation of 0.5807 to double-check if the risk estimate we provide is consistent with the expected return of 0.0309%. The bond owns a Beta (Systematic Risk) of 0.0767, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 023551AF1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 023551AF1 is expected to be smaller as well.
Auto-correlation | -0.37 |
Poor reverse predictability
US023551AF16 has poor reverse predictability. Overlapping area represents the amount of predictability between 023551AF1 time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 US023551AF16 price movement. The serial correlation of -0.37 indicates that just about 37.0% of current 023551AF1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
US023551AF16 lagged returns against current returns
Autocorrelation, which is 023551AF1 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 023551AF1's bond expected returns. We can calculate the autocorrelation of 023551AF1 returns to help us make a trade decision. For example, suppose you find that 023551AF1 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 |
023551AF1 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 023551AF1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 023551AF1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 023551AF1 bond over time.
Current vs Lagged Prices |
| Timeline |
023551AF1 Lagged Returns
When evaluating 023551AF1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 023551AF1 bond have on its future price. 023551AF1 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, 023551AF1 autocorrelation shows the relationship between 023551AF1 bond current value and its past values and can show if there is a momentum factor associated with investing in US023551AF16.
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 023551AF1 Bond
023551AF1 financial ratios help investors to determine whether 023551AF1 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 023551AF1 with respect to the benefits of owning 023551AF1 security.