Bewhere Holdings Stock Market Value
| BEW Stock | CAD 0.73 0.04 5.19% |
| Symbol | Bewhere |
Bewhere Holdings Price To Book Ratio
Bewhere Holdings '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 Bewhere Holdings' 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 Bewhere Holdings.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Bewhere Holdings on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Bewhere Holdings or generate 0.0% return on investment in Bewhere Holdings over 720 days. Bewhere Holdings is related to or competes with Gatekeeper Systems, Reliq Health, AirIQ, and Baylin Technologies. BeWhere Holdings Inc., an industrial Internet of Things solutions company, designs and sells hardware with sensors and s... More
Bewhere Holdings 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 Bewhere Holdings' 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 Bewhere Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.02 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 18.56 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 7.81 |
Bewhere Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bewhere Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bewhere Holdings' standard deviation. In reality, there are many statistical measures that can use Bewhere Holdings historical prices to predict the future Bewhere Holdings' volatility.| Risk Adjusted Performance | 0.0231 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0911 |
Bewhere Holdings Backtested Returns
At this stage we consider Bewhere Stock to be abnormally volatile. Bewhere Holdings secures Sharpe Ratio (or Efficiency) of 0.0417, which signifies that the company had a 0.0417% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bewhere Holdings, which you can use to evaluate the volatility of the firm. Please confirm Bewhere Holdings' Risk Adjusted Performance of 0.0231, mean deviation of 3.62, and Downside Deviation of 5.02 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Bewhere Holdings has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.9, which signifies possible diversification benefits within a given portfolio. Bewhere Holdings returns are very sensitive to returns on the market. As the market goes up or down, Bewhere Holdings is expected to follow. Bewhere Holdings right now shows a risk of 4.55%. Please confirm Bewhere Holdings value at risk and the relationship between the expected short fall and market facilitation index , to decide if Bewhere Holdings will be following its price patterns.
Auto-correlation | 0.14 |
Insignificant predictability
Bewhere Holdings has insignificant predictability. Overlapping area represents the amount of predictability between Bewhere Holdings time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Bewhere Holdings price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Bewhere Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Bewhere Holdings lagged returns against current returns
Autocorrelation, which is Bewhere Holdings 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 Bewhere Holdings' stock expected returns. We can calculate the autocorrelation of Bewhere Holdings returns to help us make a trade decision. For example, suppose you find that Bewhere Holdings 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 |
Bewhere Holdings 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 Bewhere Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bewhere Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bewhere Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Bewhere Holdings Lagged Returns
When evaluating Bewhere Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bewhere Holdings stock have on its future price. Bewhere Holdings 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, Bewhere Holdings autocorrelation shows the relationship between Bewhere Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Bewhere Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bewhere Stock Analysis
When running Bewhere Holdings' price analysis, check to measure Bewhere Holdings' 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 Bewhere Holdings is operating at the current time. Most of Bewhere Holdings' value examination focuses on studying past and present price action to predict the probability of Bewhere Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bewhere Holdings' price. Additionally, you may evaluate how the addition of Bewhere Holdings to your portfolios can decrease your overall portfolio volatility.