Bellevue Life Sciences Stock Market Value
| BLACW Stock | 0.04 0 7.65% |
| Symbol | Bellevue |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bellevue Life. If investors know Bellevue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bellevue Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bellevue Life Sciences is measured differently than its book value, which is the value of Bellevue that is recorded on the company's balance sheet. Investors also form their own opinion of Bellevue Life's value that differs from its market value or its book value, called intrinsic value, which is Bellevue Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bellevue Life's market value can be influenced by many factors that don't directly affect Bellevue Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bellevue Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bellevue Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bellevue Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Bellevue Life '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 Bellevue Life'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 Bellevue Life.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Bellevue Life on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Bellevue Life Sciences or generate 0.0% return on investment in Bellevue Life over 30 days. Bellevue Life is related to or competes with Stevanato Group, JBG SMITH, Toro, Eastern, Summa Silver, and GameStop Corp. More
Bellevue Life 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 Bellevue Life'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 Bellevue Life Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.12 | |||
| Information Ratio | 0.1393 | |||
| Maximum Drawdown | 104.85 | |||
| Value At Risk | (35.92) | |||
| Potential Upside | 68.93 |
Bellevue Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bellevue Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bellevue Life's standard deviation. In reality, there are many statistical measures that can use Bellevue Life historical prices to predict the future Bellevue Life's volatility.| Risk Adjusted Performance | 0.1199 | |||
| Jensen Alpha | 4.25 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.1771 | |||
| Treynor Ratio | (2.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bellevue Life's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bellevue Life Sciences Backtested Returns
Bellevue Life is out of control given 3 months investment horizon. Bellevue Life Sciences secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We were able to break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 4.04% are justified by taking the suggested risk. Use Bellevue Life Downside Deviation of 22.12, risk adjusted performance of 0.1199, and Mean Deviation of 21.1 to evaluate company specific risk that cannot be diversified away. Bellevue Life holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.91, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bellevue Life are expected to decrease by larger amounts. On the other hand, during market turmoil, Bellevue Life is expected to outperform it. Use Bellevue Life sortino ratio and the relationship between the downside variance and period momentum indicator , to analyze future returns on Bellevue Life.
Auto-correlation | 0.39 |
Below average predictability
Bellevue Life Sciences has below average predictability. Overlapping area represents the amount of predictability between Bellevue Life time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Bellevue Life Sciences price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Bellevue Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bellevue Life Sciences lagged returns against current returns
Autocorrelation, which is Bellevue Life 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 Bellevue Life's stock expected returns. We can calculate the autocorrelation of Bellevue Life returns to help us make a trade decision. For example, suppose you find that Bellevue Life 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 |
Bellevue Life 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 Bellevue Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bellevue Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bellevue Life stock over time.
Current vs Lagged Prices |
| Timeline |
Bellevue Life Lagged Returns
When evaluating Bellevue Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bellevue Life stock have on its future price. Bellevue Life 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, Bellevue Life autocorrelation shows the relationship between Bellevue Life stock current value and its past values and can show if there is a momentum factor associated with investing in Bellevue Life Sciences.
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.Additional Tools for Bellevue Stock Analysis
When running Bellevue Life's price analysis, check to measure Bellevue Life'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 Bellevue Life is operating at the current time. Most of Bellevue Life's value examination focuses on studying past and present price action to predict the probability of Bellevue Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bellevue Life's price. Additionally, you may evaluate how the addition of Bellevue Life to your portfolios can decrease your overall portfolio volatility.