Bd Multimedia (France) Market Value
| ALBDM Stock | EUR 1.28 0.12 10.34% |
| Symbol | ALBDM |
Bd Multimedia '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 Bd Multimedia'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 Bd Multimedia.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Bd Multimedia on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bd Multimedia or generate 0.0% return on investment in Bd Multimedia over 30 days. Bd Multimedia is related to or competes with Aubay Socit, Infotel SA, IT Link, Manitou BF, Ossiam Minimum, Ekinops SA, and Orapi SA. Its products include StarPass, a unified payment solution primarily used in gaming in approximately 50 countries Toneo F... More
Bd Multimedia 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 Bd Multimedia'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 Bd Multimedia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 25.94 | |||
| Value At Risk | (10.07) | |||
| Potential Upside | 9.02 |
Bd Multimedia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bd Multimedia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bd Multimedia's standard deviation. In reality, there are many statistical measures that can use Bd Multimedia historical prices to predict the future Bd Multimedia's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | 0.1937 |
Bd Multimedia Backtested Returns
Bd Multimedia retains Efficiency (Sharpe Ratio) of -0.0279, which signifies that the company had a -0.0279% return per unit of price deviation over the last 3 months. Bd Multimedia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bd Multimedia's Market Risk Adjusted Performance of 0.2037, variance of 27.43, and Information Ratio of (0.06) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -1.04, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Bd Multimedia are expected to decrease slowly. On the other hand, during market turmoil, Bd Multimedia is expected to outperform it slightly. At this point, Bd Multimedia has a negative expected return of -0.15%. Please make sure to confirm Bd Multimedia's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Bd Multimedia performance from the past will be repeated at some future date.
Auto-correlation | -0.56 |
Good reverse predictability
Bd Multimedia has good reverse predictability. Overlapping area represents the amount of predictability between Bd Multimedia 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 Bd Multimedia price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Bd Multimedia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Bd Multimedia lagged returns against current returns
Autocorrelation, which is Bd Multimedia 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 Bd Multimedia's stock expected returns. We can calculate the autocorrelation of Bd Multimedia returns to help us make a trade decision. For example, suppose you find that Bd Multimedia 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 |
Bd Multimedia 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 Bd Multimedia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bd Multimedia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bd Multimedia stock over time.
Current vs Lagged Prices |
| Timeline |
Bd Multimedia Lagged Returns
When evaluating Bd Multimedia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bd Multimedia stock have on its future price. Bd Multimedia 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, Bd Multimedia autocorrelation shows the relationship between Bd Multimedia stock current value and its past values and can show if there is a momentum factor associated with investing in Bd Multimedia.
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.Additional Tools for ALBDM Stock Analysis
When running Bd Multimedia's price analysis, check to measure Bd Multimedia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bd Multimedia is operating at the current time. Most of Bd Multimedia's value examination focuses on studying past and present price action to predict the probability of Bd Multimedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bd Multimedia's price. Additionally, you may evaluate how the addition of Bd Multimedia to your portfolios can decrease your overall portfolio volatility.