Boohoocom Plc Adr Stock Market Value
| BHOOY Stock | USD 7.68 0.00 0.00% |
| Symbol | Boohoo |
Boohoo PLC '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 Boohoo PLC'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 Boohoo PLC.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Boohoo PLC on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding BoohooCom PLC ADR or generate 0.0% return on investment in Boohoo PLC over 390 days. Boohoo PLC is related to or competes with ASOS Plc, Berkeley Group, ZALANDO SE, and Barratt Developments. boohoo group plc, through its subsidiaries, operates as an online clothing retailer in the United Kingdom, rest of Europ... More
Boohoo PLC 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 Boohoo PLC'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 BoohooCom PLC ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.87 |
Boohoo PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boohoo PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boohoo PLC's standard deviation. In reality, there are many statistical measures that can use Boohoo PLC historical prices to predict the future Boohoo PLC's volatility.| Risk Adjusted Performance | 0.0965 | |||
| Jensen Alpha | 0.0952 | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.9468 |
BoohooCom PLC ADR Backtested Returns
At this stage we consider Boohoo Pink Sheet to be not too volatile. BoohooCom PLC ADR secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for BoohooCom PLC ADR, which you can use to evaluate the volatility of the firm. Please confirm Boohoo PLC's Risk Adjusted Performance of 0.0965, mean deviation of 0.2347, and Standard Deviation of 0.9681 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Boohoo PLC has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Boohoo PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Boohoo PLC is expected to be smaller as well. BoohooCom PLC ADR right now shows a risk of 0.98%. Please confirm BoohooCom PLC ADR variance and rate of daily change , to decide if BoohooCom PLC ADR will be following its price patterns.
Auto-correlation | -0.06 |
Very weak reverse predictability
BoohooCom PLC ADR has very weak reverse predictability. Overlapping area represents the amount of predictability between Boohoo PLC 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 BoohooCom PLC ADR price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Boohoo PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
BoohooCom PLC ADR lagged returns against current returns
Autocorrelation, which is Boohoo PLC 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 Boohoo PLC's pink sheet expected returns. We can calculate the autocorrelation of Boohoo PLC returns to help us make a trade decision. For example, suppose you find that Boohoo PLC 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 |
Boohoo PLC 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 Boohoo PLC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boohoo PLC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boohoo PLC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Boohoo PLC Lagged Returns
When evaluating Boohoo PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boohoo PLC pink sheet have on its future price. Boohoo PLC 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, Boohoo PLC autocorrelation shows the relationship between Boohoo PLC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BoohooCom PLC ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Boohoo Pink Sheet Analysis
When running Boohoo PLC's price analysis, check to measure Boohoo PLC'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 Boohoo PLC is operating at the current time. Most of Boohoo PLC's value examination focuses on studying past and present price action to predict the probability of Boohoo PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boohoo PLC's price. Additionally, you may evaluate how the addition of Boohoo PLC to your portfolios can decrease your overall portfolio volatility.