Black Cat (Australia) Market Value
| BC8 Stock | 0.63 0.02 3.28% |
| Symbol | Black |
Black Cat '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 Black Cat'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 Black Cat.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Black Cat on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Black Cat Syndicate or generate 0.0% return on investment in Black Cat over 180 days. Black Cat is related to or competes with Home Consortium, Kkr Credit, G8 Education, Macquarie Bank, MA Financial, Charter Hall, and Mayfield Childcare. Black Cat is entity of Australia. It is traded as Stock on AU exchange. More
Black Cat 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 Black Cat'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 Black Cat Syndicate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.78 | |||
| Information Ratio | 0.1894 | |||
| Maximum Drawdown | 21.07 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 7.14 |
Black Cat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Cat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Black Cat's standard deviation. In reality, there are many statistical measures that can use Black Cat historical prices to predict the future Black Cat's volatility.| Risk Adjusted Performance | 0.1784 | |||
| Jensen Alpha | 0.9207 | |||
| Total Risk Alpha | 0.2486 | |||
| Sortino Ratio | 0.1587 | |||
| Treynor Ratio | (2.53) |
Black Cat Syndicate Backtested Returns
Black Cat appears to be abnormally volatile, given 3 months investment horizon. Black Cat Syndicate secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of standard deviation over the last 3 months. By analyzing Black Cat's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of Black Cat's risk adjusted performance of 0.1784, and Mean Deviation of 3.16 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Black Cat holds a performance score of 18. The firm shows a Beta (market volatility) of -0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Black Cat are expected to decrease at a much lower rate. During the bear market, Black Cat is likely to outperform the market. Please check Black Cat's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Black Cat's price patterns will revert.
Auto-correlation | 0.60 |
Good predictability
Black Cat Syndicate has good predictability. Overlapping area represents the amount of predictability between Black Cat time series from 27th of May 2024 to 25th of August 2024 and 25th of August 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 Black Cat Syndicate price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Black Cat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Black Cat Syndicate lagged returns against current returns
Autocorrelation, which is Black Cat 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 Black Cat's stock expected returns. We can calculate the autocorrelation of Black Cat returns to help us make a trade decision. For example, suppose you find that Black Cat 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 |
Black Cat 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 Black Cat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Black Cat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Black Cat stock over time.
Current vs Lagged Prices |
| Timeline |
Black Cat Lagged Returns
When evaluating Black Cat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Black Cat stock have on its future price. Black Cat 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, Black Cat autocorrelation shows the relationship between Black Cat stock current value and its past values and can show if there is a momentum factor associated with investing in Black Cat Syndicate.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Black Stock Analysis
When running Black Cat's price analysis, check to measure Black Cat'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 Black Cat is operating at the current time. Most of Black Cat's value examination focuses on studying past and present price action to predict the probability of Black Cat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Cat's price. Additionally, you may evaluate how the addition of Black Cat to your portfolios can decrease your overall portfolio volatility.