Beston Global (Australia) Market Value
| BFC Stock | 0 0.00 0.00% |
| Symbol | Beston |
Beston Global '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 Beston Global'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 Beston Global.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Beston Global on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Beston Global Food or generate 0.0% return on investment in Beston Global over 390 days. Beston Global is related to or competes with Aneka Tambang, BHP Group, Commonwealth Bank, Commonwealth Bank, Commonwealth Bank, Commonwealth Bank, and Rio Tinto. Beston Global is entity of Australia. It is traded as Stock on AU exchange. More
Beston Global 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 Beston Global'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 Beston Global Food upside and downside potential and time the market with a certain degree of confidence.
Beston Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beston Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beston Global's standard deviation. In reality, there are many statistical measures that can use Beston Global historical prices to predict the future Beston Global's volatility.Beston Global Food Backtested Returns
We have found three technical indicators for Beston Global Food, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Beston Global are completely uncorrelated.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Beston Global Food has insignificant reverse predictability. Overlapping area represents the amount of predictability between Beston Global time series from 30th of October 2023 to 12th of May 2024 and 12th of May 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 Beston Global Food price movement. The serial correlation of -0.2 indicates that over 20.0% of current Beston Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Beston Global Food lagged returns against current returns
Autocorrelation, which is Beston Global 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 Beston Global's stock expected returns. We can calculate the autocorrelation of Beston Global returns to help us make a trade decision. For example, suppose you find that Beston Global 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 |
Beston Global 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 Beston Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beston Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beston Global stock over time.
Current vs Lagged Prices |
| Timeline |
Beston Global Lagged Returns
When evaluating Beston Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beston Global stock have on its future price. Beston Global 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, Beston Global autocorrelation shows the relationship between Beston Global stock current value and its past values and can show if there is a momentum factor associated with investing in Beston Global Food.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Beston Stock Analysis
When running Beston Global's price analysis, check to measure Beston Global'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 Beston Global is operating at the current time. Most of Beston Global's value examination focuses on studying past and present price action to predict the probability of Beston Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beston Global's price. Additionally, you may evaluate how the addition of Beston Global to your portfolios can decrease your overall portfolio volatility.