Bhpa Inc Stock Market Value
| BHPA Stock | USD 0.01 0.00 0.00% |
| Symbol | BHPA |
BHPA '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 BHPA'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 BHPA.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in BHPA on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding BHPA Inc or generate 0.0% return on investment in BHPA over 30 days. BHPA is related to or competes with Salesforce, S A P, ServiceNow, Intuit, Uber Technologies, Shopify, and Applovin Corp. The company was formerly known as Star Resorts Development Inc More
BHPA 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 BHPA'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 BHPA Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0659 | |||
| Maximum Drawdown | 66.67 |
BHPA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BHPA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BHPA's standard deviation. In reality, there are many statistical measures that can use BHPA historical prices to predict the future BHPA's volatility.| Risk Adjusted Performance | 0.0686 | |||
| Jensen Alpha | 0.7254 | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | 0.711 |
BHPA Inc Backtested Returns
BHPA appears to be out of control, given 3 months investment horizon. BHPA Inc secures Sharpe Ratio (or Efficiency) of 0.0791, which signifies that the company had a 0.0791% return per unit of risk over the last 3 months. By reviewing BHPA's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of BHPA's mean deviation of 3.96, and Risk Adjusted Performance of 0.0686 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BHPA holds a performance score of 6. The firm shows a Beta (market volatility) of 1.23, 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, BHPA will likely underperform. Please check BHPA's maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to make a quick decision on whether BHPA's price patterns will revert.
Auto-correlation | 0.14 |
Insignificant predictability
BHPA Inc has insignificant predictability. Overlapping area represents the amount of predictability between BHPA time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 BHPA Inc price movement. The serial correlation of 0.14 indicates that less than 14.0% of current BHPA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BHPA Inc lagged returns against current returns
Autocorrelation, which is BHPA 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 BHPA's pink sheet expected returns. We can calculate the autocorrelation of BHPA returns to help us make a trade decision. For example, suppose you find that BHPA 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 |
BHPA 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 BHPA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BHPA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BHPA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BHPA Lagged Returns
When evaluating BHPA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BHPA pink sheet have on its future price. BHPA 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, BHPA autocorrelation shows the relationship between BHPA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BHPA Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in BHPA Pink Sheet
BHPA financial ratios help investors to determine whether BHPA Pink Sheet 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 BHPA with respect to the benefits of owning BHPA security.