Bakkt Holdings Warrant Stock Market Value
| BKKT-WT Stock | 0.41 0.01 2.38% |
| Symbol | Bakkt |
Bakkt Holdings Warrant Price To Book Ratio
Bakkt Holdings '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 Bakkt Holdings' 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 Bakkt Holdings.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Bakkt Holdings on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bakkt Holdings Warrant or generate 0.0% return on investment in Bakkt Holdings over 30 days. Bakkt Holdings is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, and Allegiant Travel. Bakkt Holdings is entity of United States More
Bakkt Holdings 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 Bakkt Holdings' 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 Bakkt Holdings Warrant upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.66 | |||
| Information Ratio | 0.1278 | |||
| Maximum Drawdown | 316.67 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 15.61 |
Bakkt Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bakkt Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bakkt Holdings' standard deviation. In reality, there are many statistical measures that can use Bakkt Holdings historical prices to predict the future Bakkt Holdings' volatility.| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 4.97 | |||
| Total Risk Alpha | (0.92) | |||
| Sortino Ratio | 0.4142 | |||
| Treynor Ratio | (27.86) |
Bakkt Holdings Warrant Backtested Returns
Bakkt Holdings is out of control given 3 months investment horizon. Bakkt Holdings Warrant 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 were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 5.34% are justified by taking the suggested risk. Use Bakkt Holdings Risk Adjusted Performance of 0.1101, downside deviation of 11.66, and Mean Deviation of 11.6 to evaluate company specific risk that cannot be diversified away. Bakkt Holdings holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bakkt Holdings are expected to decrease at a much lower rate. During the bear market, Bakkt Holdings is likely to outperform the market. Use Bakkt Holdings information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Bakkt Holdings.
Auto-correlation | -0.03 |
Very weak reverse predictability
Bakkt Holdings Warrant has very weak reverse predictability. Overlapping area represents the amount of predictability between Bakkt Holdings time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Bakkt Holdings Warrant price movement. The serial correlation of -0.03 indicates that only 3.0% of current Bakkt Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Bakkt Holdings Warrant lagged returns against current returns
Autocorrelation, which is Bakkt Holdings 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 Bakkt Holdings' stock expected returns. We can calculate the autocorrelation of Bakkt Holdings returns to help us make a trade decision. For example, suppose you find that Bakkt Holdings 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 |
Bakkt Holdings 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 Bakkt Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bakkt Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bakkt Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Bakkt Holdings Lagged Returns
When evaluating Bakkt Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bakkt Holdings stock have on its future price. Bakkt Holdings 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, Bakkt Holdings autocorrelation shows the relationship between Bakkt Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Bakkt Holdings Warrant.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bakkt Stock Analysis
When running Bakkt Holdings' price analysis, check to measure Bakkt Holdings' 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 Bakkt Holdings is operating at the current time. Most of Bakkt Holdings' value examination focuses on studying past and present price action to predict the probability of Bakkt Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bakkt Holdings' price. Additionally, you may evaluate how the addition of Bakkt Holdings to your portfolios can decrease your overall portfolio volatility.