Balai Ni (Philippines) Market Value
| BALAI Stock | 0.36 0.01 2.86% |
| Symbol | Balai |
Balai Ni '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 Balai Ni'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 Balai Ni.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Balai Ni on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Balai Ni Fruitas or generate 0.0% return on investment in Balai Ni over 30 days. Balai Ni is related to or competes with Cosco Capital, AllDay Marts, and . More
Balai Ni 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 Balai Ni'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 Balai Ni Fruitas upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 13.45 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.26 |
Balai Ni Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Balai Ni's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Balai Ni's standard deviation. In reality, there are many statistical measures that can use Balai Ni historical prices to predict the future Balai Ni's volatility.| Risk Adjusted Performance | 0.0028 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.1368 |
Balai Ni Fruitas Backtested Returns
Balai Ni Fruitas secures Sharpe Ratio (or Efficiency) of -0.0427, which signifies that the company had a -0.0427% return per unit of risk over the last 3 months. Balai Ni Fruitas exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Balai Ni's Standard Deviation of 3.45, mean deviation of 2.52, and Risk Adjusted Performance of 0.0028 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Balai Ni are expected to decrease at a much lower rate. During the bear market, Balai Ni is likely to outperform the market. At this point, Balai Ni Fruitas has a negative expected return of -0.14%. Please make sure to confirm Balai Ni's total risk alpha, daily balance of power, relative strength index, as well as the relationship between the potential upside and day typical price , to decide if Balai Ni Fruitas performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Balai Ni Fruitas has insignificant reverse predictability. Overlapping area represents the amount of predictability between Balai Ni time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Balai Ni Fruitas price movement. The serial correlation of -0.18 indicates that over 18.0% of current Balai Ni price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Balai Ni Fruitas lagged returns against current returns
Autocorrelation, which is Balai Ni 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 Balai Ni's stock expected returns. We can calculate the autocorrelation of Balai Ni returns to help us make a trade decision. For example, suppose you find that Balai Ni 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 |
Balai Ni 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 Balai Ni stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Balai Ni stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Balai Ni stock over time.
Current vs Lagged Prices |
| Timeline |
Balai Ni Lagged Returns
When evaluating Balai Ni's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Balai Ni stock have on its future price. Balai Ni 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, Balai Ni autocorrelation shows the relationship between Balai Ni stock current value and its past values and can show if there is a momentum factor associated with investing in Balai Ni Fruitas.
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 Balai Stock Analysis
When running Balai Ni's price analysis, check to measure Balai Ni'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 Balai Ni is operating at the current time. Most of Balai Ni's value examination focuses on studying past and present price action to predict the probability of Balai Ni's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Balai Ni's price. Additionally, you may evaluate how the addition of Balai Ni to your portfolios can decrease your overall portfolio volatility.