Bgin Blockchain Limited Stock Market Value
| BGIN Stock | 2.59 0.15 6.15% |
| Symbol | Bgin |
Is Computer Hardware space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bgin Blockchain. If investors know Bgin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bgin Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bgin Blockchain is measured differently than its book value, which is the value of Bgin that is recorded on the company's balance sheet. Investors also form their own opinion of Bgin Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Bgin Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bgin Blockchain's market value can be influenced by many factors that don't directly affect Bgin Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bgin Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bgin Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bgin Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Bgin Blockchain '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 Bgin Blockchain'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 Bgin Blockchain.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Bgin Blockchain on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Bgin Blockchain Limited or generate 0.0% return on investment in Bgin Blockchain over 570 days. Bgin Blockchain is related to or competes with GDEV, Gravity, SohuCom, Nano Dimension, 3D Systems, Doubledown Interactive, and International Money. More
Bgin Blockchain 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 Bgin Blockchain'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 Bgin Blockchain Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 29.07 | |||
| Value At Risk | (11.86) | |||
| Potential Upside | 12.31 |
Bgin Blockchain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bgin Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bgin Blockchain's standard deviation. In reality, there are many statistical measures that can use Bgin Blockchain historical prices to predict the future Bgin Blockchain's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (1.22) | |||
| Total Risk Alpha | (1.67) | |||
| Treynor Ratio | (0.73) |
Bgin Blockchain Backtested Returns
Bgin Blockchain secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18 % return per unit of risk over the last 3 months. Bgin Blockchain Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bgin Blockchain's Mean Deviation of 4.57, risk adjusted performance of (0.11), and Standard Deviation of 6.33 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.54, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bgin Blockchain will likely underperform. At this point, Bgin Blockchain has a negative expected return of -1.12%. Please make sure to confirm Bgin Blockchain's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Bgin Blockchain performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Bgin Blockchain Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Bgin Blockchain time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bgin Blockchain price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bgin Blockchain price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bgin Blockchain lagged returns against current returns
Autocorrelation, which is Bgin Blockchain 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 Bgin Blockchain's stock expected returns. We can calculate the autocorrelation of Bgin Blockchain returns to help us make a trade decision. For example, suppose you find that Bgin Blockchain 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 |
Bgin Blockchain 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 Bgin Blockchain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bgin Blockchain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bgin Blockchain stock over time.
Current vs Lagged Prices |
| Timeline |
Bgin Blockchain Lagged Returns
When evaluating Bgin Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bgin Blockchain stock have on its future price. Bgin Blockchain 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, Bgin Blockchain autocorrelation shows the relationship between Bgin Blockchain stock current value and its past values and can show if there is a momentum factor associated with investing in Bgin Blockchain Limited.
Regressed Prices |
| Timeline |
Pair Trading with Bgin Blockchain
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bgin Blockchain position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bgin Blockchain will appreciate offsetting losses from the drop in the long position's value.Moving against Bgin Stock
The ability to find closely correlated positions to Bgin Blockchain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bgin Blockchain when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bgin Blockchain - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bgin Blockchain Limited to buy it.
The correlation of Bgin Blockchain is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bgin Blockchain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bgin Blockchain moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bgin Blockchain can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Bgin Blockchain Correlation, Bgin Blockchain Volatility and Bgin Blockchain Alpha and Beta module to complement your research on Bgin Blockchain. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Bgin Blockchain technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.