Berjaya Philippines (Philippines) Market Value
| BCOR Stock | 7.20 0.80 10.00% |
| Symbol | Berjaya |
Berjaya Philippines '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 Berjaya Philippines' 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 Berjaya Philippines.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Berjaya Philippines on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Berjaya Philippines or generate 0.0% return on investment in Berjaya Philippines over 30 days. Berjaya Philippines is related to or competes with Figaro Coffee, Pacificonline Systems, GT Capital, Allhome Corp, Jollibee Foods, and Altus Property. More
Berjaya Philippines 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 Berjaya Philippines' 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 Berjaya Philippines upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.37 | |||
| Information Ratio | 0.0306 | |||
| Maximum Drawdown | 42.08 | |||
| Value At Risk | (14.49) | |||
| Potential Upside | 11.14 |
Berjaya Philippines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Berjaya Philippines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berjaya Philippines' standard deviation. In reality, there are many statistical measures that can use Berjaya Philippines historical prices to predict the future Berjaya Philippines' volatility.| Risk Adjusted Performance | 0.0467 | |||
| Jensen Alpha | 0.2727 | |||
| Total Risk Alpha | (0.87) | |||
| Sortino Ratio | 0.024 | |||
| Treynor Ratio | 0.5652 |
Berjaya Philippines Backtested Returns
Berjaya Philippines secures Sharpe Ratio (or Efficiency) of -0.012, which signifies that the company had a -0.012% return per unit of risk over the last 3 months. Berjaya Philippines exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Berjaya Philippines' Downside Deviation of 9.37, mean deviation of 4.44, and Risk Adjusted Performance of 0.0467 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Berjaya Philippines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Berjaya Philippines is expected to be smaller as well. At this point, Berjaya Philippines has a negative expected return of -0.0748%. Please make sure to confirm Berjaya Philippines' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Berjaya Philippines performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
Berjaya Philippines has modest predictability. Overlapping area represents the amount of predictability between Berjaya Philippines time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Berjaya Philippines price movement. The serial correlation of 0.54 indicates that about 54.0% of current Berjaya Philippines price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Berjaya Philippines lagged returns against current returns
Autocorrelation, which is Berjaya Philippines 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 Berjaya Philippines' stock expected returns. We can calculate the autocorrelation of Berjaya Philippines returns to help us make a trade decision. For example, suppose you find that Berjaya Philippines 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 |
Berjaya Philippines 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 Berjaya Philippines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berjaya Philippines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berjaya Philippines stock over time.
Current vs Lagged Prices |
| Timeline |
Berjaya Philippines Lagged Returns
When evaluating Berjaya Philippines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berjaya Philippines stock have on its future price. Berjaya Philippines 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, Berjaya Philippines autocorrelation shows the relationship between Berjaya Philippines stock current value and its past values and can show if there is a momentum factor associated with investing in Berjaya Philippines.
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 Berjaya Stock Analysis
When running Berjaya Philippines' price analysis, check to measure Berjaya Philippines' 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 Berjaya Philippines is operating at the current time. Most of Berjaya Philippines' value examination focuses on studying past and present price action to predict the probability of Berjaya Philippines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berjaya Philippines' price. Additionally, you may evaluate how the addition of Berjaya Philippines to your portfolios can decrease your overall portfolio volatility.