BKI Investment (Australia) Market Value
| BKI Stock | 1.72 0.01 0.58% |
| Symbol | BKI |
BKI Investment '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 BKI Investment'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 BKI Investment.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in BKI Investment on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding BKI Investment or generate 0.0% return on investment in BKI Investment over 510 days. BKI Investment is related to or competes with Australian Foundation, GQG Partners, Metrics Master, L1 Long, Wam Leaders, and Australian United. BKI Investment is entity of Australia. It is traded as Stock on AU exchange. More
BKI Investment 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 BKI Investment'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 BKI Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8498 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.18 |
BKI Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BKI Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BKI Investment's standard deviation. In reality, there are many statistical measures that can use BKI Investment historical prices to predict the future BKI Investment's volatility.| Risk Adjusted Performance | 0.0293 | |||
| Jensen Alpha | 0.0314 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.20) |
BKI Investment Backtested Returns
Currently, BKI Investment is slightly risky. BKI Investment secures Sharpe Ratio (or Efficiency) of 0.0274, which signifies that the company had a 0.0274% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for BKI Investment, which you can use to evaluate the volatility of the firm. Please confirm BKI Investment's Risk Adjusted Performance of 0.0293, semi deviation of 0.6122, and Mean Deviation of 0.5975 to double-check if the risk estimate we provide is consistent with the expected return of 0.0212%. BKI Investment has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0989, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BKI Investment are expected to decrease at a much lower rate. During the bear market, BKI Investment is likely to outperform the market. BKI Investment at this time shows a risk of 0.77%. Please confirm BKI Investment downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if BKI Investment will be following its price patterns.
Auto-correlation | 0.19 |
Very weak predictability
BKI Investment has very weak predictability. Overlapping area represents the amount of predictability between BKI Investment time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 BKI Investment price movement. The serial correlation of 0.19 indicates that over 19.0% of current BKI Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BKI Investment lagged returns against current returns
Autocorrelation, which is BKI Investment 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 BKI Investment's stock expected returns. We can calculate the autocorrelation of BKI Investment returns to help us make a trade decision. For example, suppose you find that BKI Investment 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 |
BKI Investment 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 BKI Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BKI Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BKI Investment stock over time.
Current vs Lagged Prices |
| Timeline |
BKI Investment Lagged Returns
When evaluating BKI Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BKI Investment stock have on its future price. BKI Investment 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, BKI Investment autocorrelation shows the relationship between BKI Investment stock current value and its past values and can show if there is a momentum factor associated with investing in BKI Investment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BKI Stock Analysis
When running BKI Investment's price analysis, check to measure BKI Investment'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 BKI Investment is operating at the current time. Most of BKI Investment's value examination focuses on studying past and present price action to predict the probability of BKI Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BKI Investment's price. Additionally, you may evaluate how the addition of BKI Investment to your portfolios can decrease your overall portfolio volatility.