BP Plastics (Malaysia) Market Value
| 5100 Stock | 1.21 0.01 0.82% |
| Symbol | 5100 |
BP Plastics '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 BP Plastics' 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 BP Plastics.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in BP Plastics on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding BP Plastics Holding or generate 0.0% return on investment in BP Plastics over 30 days. BP Plastics is related to or competes with Aurelius Technologies, FARM FRESH, Nova Wellness, Magni Tech, and Uchi Technologies. More
BP Plastics 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 BP Plastics' 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 BP Plastics Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.51 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 1.65 |
BP Plastics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BP Plastics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BP Plastics' standard deviation. In reality, there are many statistical measures that can use BP Plastics historical prices to predict the future BP Plastics' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.6394 |
BP Plastics Holding Backtested Returns
BP Plastics Holding retains Efficiency (Sharpe Ratio) of -0.0454, which signifies that the company had a -0.0454% return per unit of price deviation over the last 3 months. BP Plastics exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BP Plastics' Variance of 1.59, information ratio of (0.16), and Market Risk Adjusted Performance of 0.6494 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BP Plastics are expected to decrease at a much lower rate. During the bear market, BP Plastics is likely to outperform the market. At this point, BP Plastics Holding has a negative expected return of -0.0562%. Please make sure to confirm BP Plastics' coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if BP Plastics Holding performance from the past will be repeated sooner or later.
Auto-correlation | -0.43 |
Modest reverse predictability
BP Plastics Holding has modest reverse predictability. Overlapping area represents the amount of predictability between BP Plastics time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 BP Plastics Holding price movement. The serial correlation of -0.43 indicates that just about 43.0% of current BP Plastics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BP Plastics Holding lagged returns against current returns
Autocorrelation, which is BP Plastics 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 BP Plastics' stock expected returns. We can calculate the autocorrelation of BP Plastics returns to help us make a trade decision. For example, suppose you find that BP Plastics 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 |
BP Plastics 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 BP Plastics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BP Plastics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BP Plastics stock over time.
Current vs Lagged Prices |
| Timeline |
BP Plastics Lagged Returns
When evaluating BP Plastics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BP Plastics stock have on its future price. BP Plastics 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, BP Plastics autocorrelation shows the relationship between BP Plastics stock current value and its past values and can show if there is a momentum factor associated with investing in BP Plastics Holding.
Regressed Prices |
| Timeline |
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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 5100 Stock
BP Plastics financial ratios help investors to determine whether 5100 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 5100 with respect to the benefits of owning BP Plastics security.