Beijing Gas Blue Stock Market Value
| BJGBF Stock | USD 0 0.00 0.00% |
| Symbol | Beijing |
Beijing Gas '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 Beijing Gas' 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 Beijing Gas.
| 01/14/2024 |
| 02/07/2025 |
If you would invest 0.00 in Beijing Gas on January 14, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Gas Blue or generate 0.0% return on investment in Beijing Gas over 390 days. Beijing Gas is related to or competes with ENN Energy, EverGen Infrastructure, OPAL Fuels, Atmos Energy, and Spire. Beijing Gas Blue Sky Holdings Limited, an investment holding company, engages in the sale and distribution of natural ga... More
Beijing Gas 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 Beijing Gas' 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 Beijing Gas Blue upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 86.33 |
Beijing Gas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Gas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Gas' standard deviation. In reality, there are many statistical measures that can use Beijing Gas historical prices to predict the future Beijing Gas' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (2.59) | |||
| Treynor Ratio | 0.2744 |
Beijing Gas Blue Backtested Returns
Beijing Gas Blue 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. Beijing Gas Blue exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Gas' Risk Adjusted Performance of (0.1), mean deviation of 2.78, and Standard Deviation of 11.05 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -5.19, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Beijing Gas are expected to decrease by larger amounts. On the other hand, during market turmoil, Beijing Gas is expected to outperform it. At this point, Beijing Gas Blue has a negative expected return of -1.44%. Please make sure to confirm Beijing Gas' information ratio, as well as the relationship between the skewness and day median price , to decide if Beijing Gas Blue performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Beijing Gas Blue has average predictability. Overlapping area represents the amount of predictability between Beijing Gas time series from 14th of January 2024 to 27th of July 2024 and 27th of July 2024 to 7th of February 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 Beijing Gas Blue price movement. The serial correlation of 0.47 indicates that about 47.0% of current Beijing Gas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Beijing Gas Blue lagged returns against current returns
Autocorrelation, which is Beijing Gas 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 Beijing Gas' pink sheet expected returns. We can calculate the autocorrelation of Beijing Gas returns to help us make a trade decision. For example, suppose you find that Beijing Gas 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 |
Beijing Gas 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 Beijing Gas pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Gas pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Gas pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Beijing Gas Lagged Returns
When evaluating Beijing Gas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Gas pink sheet have on its future price. Beijing Gas 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, Beijing Gas autocorrelation shows the relationship between Beijing Gas pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Beijing Gas Blue.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Pink Sheet
Beijing Gas financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Gas security.