BUSHVELD MINERALS (Germany) Market Value
| 23U Stock | EUR 0.0005 0.00 0.00% |
| Symbol | BUSHVELD |
BUSHVELD MINERALS '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 BUSHVELD MINERALS'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 BUSHVELD MINERALS.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in BUSHVELD MINERALS on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding BUSHVELD MINERALS LS 01 or generate 0.0% return on investment in BUSHVELD MINERALS over 30 days. BUSHVELD MINERALS is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Bushveld Minerals Limited operates as an integrated primary vanadium producer More
BUSHVELD MINERALS 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 BUSHVELD MINERALS'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 BUSHVELD MINERALS LS 01 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 78.08 | |||
| Information Ratio | 0.3698 | |||
| Maximum Drawdown | 2790.0 | |||
| Value At Risk | (90.91) | |||
| Potential Upside | 1100.0 |
BUSHVELD MINERALS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BUSHVELD MINERALS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BUSHVELD MINERALS's standard deviation. In reality, there are many statistical measures that can use BUSHVELD MINERALS historical prices to predict the future BUSHVELD MINERALS's volatility.| Risk Adjusted Performance | 0.2928 | |||
| Jensen Alpha | 188.2 | |||
| Total Risk Alpha | 103.2 | |||
| Sortino Ratio | 2.28 | |||
| Treynor Ratio | (2.02) |
BUSHVELD MINERALS Backtested Returns
BUSHVELD MINERALS is out of control given 3 months investment horizon. BUSHVELD MINERALS secures Sharpe Ratio (or Efficiency) of 0.4, which signifies that the company had a 0.4% return per unit of risk over the last 3 months. We were able to interpolate twenty-four different technical indicators, which can help you to evaluate if expected returns of 134.68% are justified by taking the suggested risk. Use BUSHVELD MINERALS mean deviation of 326.94, and Risk Adjusted Performance of 0.2928 to evaluate company specific risk that cannot be diversified away. BUSHVELD MINERALS holds a performance score of 31 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -87.91, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BUSHVELD MINERALS are expected to decrease by larger amounts. On the other hand, during market turmoil, BUSHVELD MINERALS is expected to outperform it. Use BUSHVELD MINERALS variance, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to analyze future returns on BUSHVELD MINERALS.
Auto-correlation | -0.26 |
Weak reverse predictability
BUSHVELD MINERALS LS 01 has weak reverse predictability. Overlapping area represents the amount of predictability between BUSHVELD MINERALS time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 BUSHVELD MINERALS price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current BUSHVELD MINERALS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BUSHVELD MINERALS lagged returns against current returns
Autocorrelation, which is BUSHVELD MINERALS 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 BUSHVELD MINERALS's stock expected returns. We can calculate the autocorrelation of BUSHVELD MINERALS returns to help us make a trade decision. For example, suppose you find that BUSHVELD MINERALS 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 |
BUSHVELD MINERALS 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 BUSHVELD MINERALS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BUSHVELD MINERALS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BUSHVELD MINERALS stock over time.
Current vs Lagged Prices |
| Timeline |
BUSHVELD MINERALS Lagged Returns
When evaluating BUSHVELD MINERALS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BUSHVELD MINERALS stock have on its future price. BUSHVELD MINERALS 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, BUSHVELD MINERALS autocorrelation shows the relationship between BUSHVELD MINERALS stock current value and its past values and can show if there is a momentum factor associated with investing in BUSHVELD MINERALS LS 01.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BUSHVELD Stock
BUSHVELD MINERALS financial ratios help investors to determine whether BUSHVELD 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 BUSHVELD with respect to the benefits of owning BUSHVELD MINERALS security.