Bannerman Resources (Germany) Market Value
| BH6 Stock | EUR 1.63 0.01 0.61% |
| Symbol | Bannerman |
Bannerman Resources '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 Bannerman Resources' 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 Bannerman Resources.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Bannerman Resources on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Bannerman Resources Limited or generate 0.0% return on investment in Bannerman Resources over 90 days. Bannerman Resources is related to or competes with Guidewire Software, Thai Beverage, ATOSS SOFTWARE, Magic Software, PSI Software, ASURE SOFTWARE, and United Breweries. Bannerman Energy Ltd engages in the exploration and development of uranium properties in Namibia, Southern Africa More
Bannerman Resources 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 Bannerman Resources' 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 Bannerman Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.0909 | |||
| Maximum Drawdown | 24.87 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 10.06 |
Bannerman Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bannerman Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bannerman Resources' standard deviation. In reality, there are many statistical measures that can use Bannerman Resources historical prices to predict the future Bannerman Resources' volatility.| Risk Adjusted Performance | 0.0929 | |||
| Jensen Alpha | 0.601 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.1384 | |||
| Treynor Ratio | (1.23) |
Bannerman Resources Backtested Returns
Bannerman Resources appears to be dangerous, given 3 months investment horizon. Bannerman Resources secures Sharpe Ratio (or Efficiency) of 0.0501, which signifies that the company had a 0.0501% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bannerman Resources Limited, which you can use to evaluate the volatility of the firm. Please makes use of Bannerman Resources' Risk Adjusted Performance of 0.0929, mean deviation of 3.41, and Downside Deviation of 3.15 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bannerman Resources holds a performance score of 3. The firm shows a Beta (market volatility) of -0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bannerman Resources are expected to decrease at a much lower rate. During the bear market, Bannerman Resources is likely to outperform the market. Please check Bannerman Resources' information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bannerman Resources' price patterns will revert.
Auto-correlation | -0.61 |
Very good reverse predictability
Bannerman Resources Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Bannerman Resources time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Bannerman Resources price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Bannerman Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bannerman Resources lagged returns against current returns
Autocorrelation, which is Bannerman Resources 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 Bannerman Resources' stock expected returns. We can calculate the autocorrelation of Bannerman Resources returns to help us make a trade decision. For example, suppose you find that Bannerman Resources 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 |
Bannerman Resources 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 Bannerman Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bannerman Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bannerman Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Bannerman Resources Lagged Returns
When evaluating Bannerman Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bannerman Resources stock have on its future price. Bannerman Resources 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, Bannerman Resources autocorrelation shows the relationship between Bannerman Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Bannerman Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bannerman Stock
Bannerman Resources financial ratios help investors to determine whether Bannerman Stock 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 Bannerman with respect to the benefits of owning Bannerman Resources security.