Boyaa Interactive (Germany) Market Value
| 1BY Stock | EUR 0.53 0.01 1.92% |
| Symbol | Boyaa |
Boyaa Interactive '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 Boyaa Interactive's stock 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 Boyaa Interactive.
| 05/28/2024 |
| 11/24/2024 |
If you would invest 0.00 in Boyaa Interactive on May 28, 2024 and sell it all today you would earn a total of 0.00 from holding Boyaa Interactive International or generate 0.0% return on investment in Boyaa Interactive over 180 days. Boyaa Interactive is related to or competes with AAC TECHNOLOGHLDGADR, Uber Technologies, Digilife Technologies, Norwegian Air, SEALED AIR, FARO Technologies, and NORWEGIAN AIR. Boyaa Interactive International Limited, an investment holding company, develops and operates online card and board game... More
Boyaa Interactive 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 Boyaa Interactive's stock 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 Boyaa Interactive International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.41 | |||
| Information Ratio | 0.2776 | |||
| Maximum Drawdown | 29.75 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 16.67 |
Boyaa Interactive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boyaa Interactive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boyaa Interactive's standard deviation. In reality, there are many statistical measures that can use Boyaa Interactive historical prices to predict the future Boyaa Interactive's volatility.| Risk Adjusted Performance | 0.2363 | |||
| Jensen Alpha | 1.8 | |||
| Total Risk Alpha | 0.9533 | |||
| Sortino Ratio | 0.3002 | |||
| Treynor Ratio | 1.02 |
Boyaa Interactive Backtested Returns
Boyaa Interactive is out of control given 3 months investment horizon. Boyaa Interactive secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.96% are justified by taking the suggested risk. Use Boyaa Interactive Downside Deviation of 6.41, risk adjusted performance of 0.2363, and Mean Deviation of 5.29 to evaluate company specific risk that cannot be diversified away. Boyaa Interactive holds a performance score of 22 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.0, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Boyaa Interactive will likely underperform. Use Boyaa Interactive treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Boyaa Interactive.
Auto-correlation | -0.55 |
Good reverse predictability
Boyaa Interactive International has good reverse predictability. Overlapping area represents the amount of predictability between Boyaa Interactive time series from 28th of May 2024 to 26th of August 2024 and 26th of August 2024 to 24th of November 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 Boyaa Interactive price movement. The serial correlation of -0.55 indicates that about 55.0% of current Boyaa Interactive price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Boyaa Interactive lagged returns against current returns
Autocorrelation, which is Boyaa Interactive stock'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 Boyaa Interactive's stock expected returns. We can calculate the autocorrelation of Boyaa Interactive returns to help us make a trade decision. For example, suppose you find that Boyaa Interactive has exhibited high autocorrelation historically, and you observe that the stock 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 |
Boyaa Interactive 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 Boyaa Interactive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boyaa Interactive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boyaa Interactive stock over time.
Current vs Lagged Prices |
| Timeline |
Boyaa Interactive Lagged Returns
When evaluating Boyaa Interactive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boyaa Interactive stock have on its future price. Boyaa Interactive 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, Boyaa Interactive autocorrelation shows the relationship between Boyaa Interactive stock current value and its past values and can show if there is a momentum factor associated with investing in Boyaa Interactive International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Boyaa Stock
Boyaa Interactive financial ratios help investors to determine whether Boyaa Stock 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 Boyaa with respect to the benefits of owning Boyaa Interactive security.