Berkeley Energy (Australia) Market Value
| BKY Stock | 0.35 0.01 2.78% |
| Symbol | Berkeley |
Berkeley Energy '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 Berkeley Energy'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 Berkeley Energy.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Berkeley Energy on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Berkeley Energy or generate 0.0% return on investment in Berkeley Energy over 30 days. Berkeley Energy is related to or competes with GreenX Metals. Berkeley Energy is entity of Australia. It is traded as Stock on AU exchange. More
Berkeley Energy 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 Berkeley Energy'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 Berkeley Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.23 | |||
| Information Ratio | 0.0107 | |||
| Maximum Drawdown | 36.11 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Berkeley Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Berkeley Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berkeley Energy's standard deviation. In reality, there are many statistical measures that can use Berkeley Energy historical prices to predict the future Berkeley Energy's volatility.| Risk Adjusted Performance | 0.0344 | |||
| Jensen Alpha | 0.222 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.0094 | |||
| Treynor Ratio | (0.41) |
Berkeley Energy Backtested Returns
Currently, Berkeley Energy is out of control. Berkeley Energy secures Sharpe Ratio (or Efficiency) of 0.0176, which signifies that the company had a 0.0176% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Berkeley Energy, which you can use to evaluate the volatility of the firm. Please confirm Berkeley Energy's Downside Deviation of 6.23, mean deviation of 3.26, and Risk Adjusted Performance of 0.0344 to double-check if the risk estimate we provide is consistent with the expected return of 0.096%. Berkeley Energy has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Berkeley Energy are expected to decrease at a much lower rate. During the bear market, Berkeley Energy is likely to outperform the market. Berkeley Energy right now shows a risk of 5.45%. Please confirm Berkeley Energy sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Berkeley Energy will be following its price patterns.
Auto-correlation | -0.48 |
Modest reverse predictability
Berkeley Energy has modest reverse predictability. Overlapping area represents the amount of predictability between Berkeley Energy time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Berkeley Energy price movement. The serial correlation of -0.48 indicates that about 48.0% of current Berkeley Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Berkeley Energy lagged returns against current returns
Autocorrelation, which is Berkeley Energy 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 Berkeley Energy's stock expected returns. We can calculate the autocorrelation of Berkeley Energy returns to help us make a trade decision. For example, suppose you find that Berkeley Energy 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 |
Berkeley Energy 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 Berkeley Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berkeley Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berkeley Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Berkeley Energy Lagged Returns
When evaluating Berkeley Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berkeley Energy stock have on its future price. Berkeley Energy 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, Berkeley Energy autocorrelation shows the relationship between Berkeley Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Berkeley Energy.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Berkeley Stock Analysis
When running Berkeley Energy's price analysis, check to measure Berkeley Energy'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 Berkeley Energy is operating at the current time. Most of Berkeley Energy's value examination focuses on studying past and present price action to predict the probability of Berkeley Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkeley Energy's price. Additionally, you may evaluate how the addition of Berkeley Energy to your portfolios can decrease your overall portfolio volatility.