Benguet Corp (Philippines) Market Value
| BC Stock | 3.78 0.08 2.16% |
| Symbol | Benguet |
Benguet Corp '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 Benguet Corp'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 Benguet Corp.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Benguet Corp on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Benguet Corp A or generate 0.0% return on investment in Benguet Corp over 30 days. Benguet Corp is related to or competes with Prime Media, Jollibee Foods, SM Investments, Philex Mining, Rizal Commercial, Sun Life, and Asia United. More
Benguet Corp 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 Benguet Corp'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 Benguet Corp A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.52 | |||
| Information Ratio | 0.0019 | |||
| Maximum Drawdown | 16.04 | |||
| Value At Risk | (6.79) | |||
| Potential Upside | 5.25 |
Benguet Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Benguet Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Benguet Corp's standard deviation. In reality, there are many statistical measures that can use Benguet Corp historical prices to predict the future Benguet Corp's volatility.| Risk Adjusted Performance | 0.0406 | |||
| Jensen Alpha | 0.2252 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0017 | |||
| Treynor Ratio | (0.16) |
Benguet Corp A Backtested Returns
At this point, Benguet Corp is unstable. Benguet Corp A secures Sharpe Ratio (or Efficiency) of 0.0165, which signifies that the company had a 0.0165% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Benguet Corp A, which you can use to evaluate the volatility of the firm. Please confirm Benguet Corp's Downside Deviation of 3.52, mean deviation of 2.24, and Risk Adjusted Performance of 0.0406 to double-check if the risk estimate we provide is consistent with the expected return of 0.0545%. Benguet Corp has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Benguet Corp are expected to decrease at a much lower rate. During the bear market, Benguet Corp is likely to outperform the market. Benguet Corp A right now shows a risk of 3.31%. Please confirm Benguet Corp A semi variance, and the relationship between the treynor ratio and rate of daily change , to decide if Benguet Corp A will be following its price patterns.
Auto-correlation | -0.48 |
Modest reverse predictability
Benguet Corp A has modest reverse predictability. Overlapping area represents the amount of predictability between Benguet Corp time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Benguet Corp A price movement. The serial correlation of -0.48 indicates that about 48.0% of current Benguet Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Benguet Corp A lagged returns against current returns
Autocorrelation, which is Benguet Corp 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 Benguet Corp's stock expected returns. We can calculate the autocorrelation of Benguet Corp returns to help us make a trade decision. For example, suppose you find that Benguet Corp 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 |
Benguet Corp 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 Benguet Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Benguet Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Benguet Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Benguet Corp Lagged Returns
When evaluating Benguet Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Benguet Corp stock have on its future price. Benguet Corp 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, Benguet Corp autocorrelation shows the relationship between Benguet Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Benguet Corp A.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Benguet Stock
Benguet Corp financial ratios help investors to determine whether Benguet 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 Benguet with respect to the benefits of owning Benguet Corp security.