Balkan Mining (Australia) Market Value

BMM Stock   0.05  0  2.00%   
Balkan Mining's market value is the price at which a share of Balkan Mining trades on a public exchange. It measures the collective expectations of Balkan Mining and investors about its performance. Balkan Mining is selling for under 0.051 as of the 10th of January 2025; that is 2.00 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.051.
With this module, you can estimate the performance of a buy and hold strategy of Balkan Mining and and determine expected loss or profit from investing in Balkan Mining over a given investment horizon. Check out Balkan Mining Correlation, Balkan Mining Volatility and Balkan Mining Alpha and Beta module to complement your research on Balkan Mining.
Symbol

Please note, there is a significant difference between Balkan Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Balkan Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Balkan Mining'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.

Balkan Mining '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 Balkan Mining'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 Balkan Mining.
0.00
01/21/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/10/2025
0.00
If you would invest  0.00  in Balkan Mining on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Balkan Mining and or generate 0.0% return on investment in Balkan Mining over 720 days. Balkan Mining is related to or competes with Commonwealth Bank, Insignia Financial, Kkr Credit, Collins Foods, and 4Dmedical. More

Balkan Mining 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 Balkan Mining'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 Balkan Mining and upside and downside potential and time the market with a certain degree of confidence.

Balkan Mining Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Balkan Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Balkan Mining's standard deviation. In reality, there are many statistical measures that can use Balkan Mining historical prices to predict the future Balkan Mining's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.054.59
Details
Intrinsic
Valuation
LowRealHigh
0.000.044.58
Details
Naive
Forecast
LowNextHigh
00.054.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.050.050.05
Details

Balkan Mining Backtested Returns

Currently, Balkan Mining and is out of control. Balkan Mining secures Sharpe Ratio (or Efficiency) of 0.0222, which signifies that the company had a 0.0222% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Balkan Mining and, which you can use to evaluate the volatility of the firm. Please confirm Balkan Mining's Downside Deviation of 5.43, mean deviation of 2.74, and Risk Adjusted Performance of 0.0259 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Balkan Mining has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Balkan Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Balkan Mining is expected to be smaller as well. Balkan Mining right now shows a risk of 4.54%. Please confirm Balkan Mining coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Balkan Mining will be following its price patterns.

Auto-correlation

    
  0.72  

Good predictability

Balkan Mining and has good predictability. Overlapping area represents the amount of predictability between Balkan Mining time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th of January 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 Balkan Mining price movement. The serial correlation of 0.72 indicates that around 72.0% of current Balkan Mining price fluctuation can be explain by its past prices.
Correlation Coefficient0.72
Spearman Rank Test0.57
Residual Average0.0
Price Variance0.0

Balkan Mining lagged returns against current returns

Autocorrelation, which is Balkan Mining 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 Balkan Mining's stock expected returns. We can calculate the autocorrelation of Balkan Mining returns to help us make a trade decision. For example, suppose you find that Balkan Mining 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  

Balkan Mining 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 Balkan Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Balkan Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Balkan Mining stock over time.
   Current vs Lagged Prices   
       Timeline  

Balkan Mining Lagged Returns

When evaluating Balkan Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Balkan Mining stock have on its future price. Balkan Mining 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, Balkan Mining autocorrelation shows the relationship between Balkan Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Balkan Mining and.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Balkan Stock Analysis

When running Balkan Mining's price analysis, check to measure Balkan Mining'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 Balkan Mining is operating at the current time. Most of Balkan Mining's value examination focuses on studying past and present price action to predict the probability of Balkan Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Balkan Mining's price. Additionally, you may evaluate how the addition of Balkan Mining to your portfolios can decrease your overall portfolio volatility.