Boc Aviation Limited Stock Market Value
| BCVVF Stock | USD 7.84 0.00 0.00% |
| Symbol | BOC |
BOC Aviation '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 BOC Aviation's pink sheet 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 BOC Aviation.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in BOC Aviation on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding BOC Aviation Limited or generate 0.0% return on investment in BOC Aviation over 30 days. BOC Aviation is related to or competes with United Rentals, Ashtead Gro, Ashtead Group, AerCap Holdings, Fortress Transp, U-Haul Holding, and U Haul. BOC Aviation Limited, together with its subsidiaries, operates as an aircraft operating leasing company worldwide More
BOC Aviation 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 BOC Aviation's pink sheet 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 BOC Aviation Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 12.84 | |||
| Value At Risk | (4.47) | |||
| Potential Upside | 2.45 |
BOC Aviation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BOC Aviation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BOC Aviation's standard deviation. In reality, there are many statistical measures that can use BOC Aviation historical prices to predict the future BOC Aviation's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.6377 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BOC Aviation's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BOC Aviation Limited Backtested Returns
BOC Aviation Limited retains Efficiency (Sharpe Ratio) of -0.07, which signifies that the company had a -0.07% return per unit of risk over the last 3 months. BOC Aviation exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BOC Aviation's market risk adjusted performance of 0.6477, and Variance of 5.55 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BOC Aviation are expected to decrease at a much lower rate. During the bear market, BOC Aviation is likely to outperform the market. At this point, BOC Aviation Limited has a negative expected return of -0.17%. Please make sure to confirm BOC Aviation's variance, as well as the relationship between the potential upside and day typical price , to decide if BOC Aviation Limited performance from the past will be repeated in the future.
Auto-correlation | 0.11 |
Insignificant predictability
BOC Aviation Limited has insignificant predictability. Overlapping area represents the amount of predictability between BOC Aviation time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 BOC Aviation Limited price movement. The serial correlation of 0.11 indicates that less than 11.0% of current BOC Aviation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
BOC Aviation Limited lagged returns against current returns
Autocorrelation, which is BOC Aviation pink sheet'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 BOC Aviation's pink sheet expected returns. We can calculate the autocorrelation of BOC Aviation returns to help us make a trade decision. For example, suppose you find that BOC Aviation has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
BOC Aviation 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 BOC Aviation pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BOC Aviation pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BOC Aviation pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BOC Aviation Lagged Returns
When evaluating BOC Aviation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BOC Aviation pink sheet have on its future price. BOC Aviation 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, BOC Aviation autocorrelation shows the relationship between BOC Aviation pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BOC Aviation Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BOC Pink Sheet
BOC Aviation financial ratios help investors to determine whether BOC Pink Sheet 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 BOC with respect to the benefits of owning BOC Aviation security.