Bemobi Mobile (Brazil) Market Value
| BMOB3 Stock | BRL 14.54 0.23 1.61% |
| Symbol | Bemobi |
Bemobi Mobile '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 Bemobi Mobile'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 Bemobi Mobile.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Bemobi Mobile on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bemobi Mobile Tech or generate 0.0% return on investment in Bemobi Mobile over 30 days. Bemobi Mobile is related to or competes with Intelbras, Neogrid Participaes, Mliuz SA, Locaweb Servios, and Enjoei SA. Bemobi Mobile Tech S.A., a mobile media and entertainment company, engages in the distribution and monetization of apps,... More
Bemobi Mobile 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 Bemobi Mobile'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 Bemobi Mobile Tech upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 7.74 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.62 |
Bemobi Mobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bemobi Mobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bemobi Mobile's standard deviation. In reality, there are many statistical measures that can use Bemobi Mobile historical prices to predict the future Bemobi Mobile's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.56) |
Bemobi Mobile Tech Backtested Returns
Bemobi Mobile Tech secures Sharpe Ratio (or Efficiency) of -0.0951, which signifies that the company had a -0.0951% return per unit of risk over the last 3 months. Bemobi Mobile Tech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bemobi Mobile's Mean Deviation of 1.22, standard deviation of 1.62, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bemobi Mobile's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bemobi Mobile is expected to be smaller as well. At this point, Bemobi Mobile Tech has a negative expected return of -0.15%. Please make sure to confirm Bemobi Mobile's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Bemobi Mobile Tech performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Bemobi Mobile Tech has poor reverse predictability. Overlapping area represents the amount of predictability between Bemobi Mobile time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Bemobi Mobile Tech price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Bemobi Mobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Bemobi Mobile Tech lagged returns against current returns
Autocorrelation, which is Bemobi Mobile 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 Bemobi Mobile's stock expected returns. We can calculate the autocorrelation of Bemobi Mobile returns to help us make a trade decision. For example, suppose you find that Bemobi Mobile 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 |
Bemobi Mobile 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 Bemobi Mobile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bemobi Mobile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bemobi Mobile stock over time.
Current vs Lagged Prices |
| Timeline |
Bemobi Mobile Lagged Returns
When evaluating Bemobi Mobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bemobi Mobile stock have on its future price. Bemobi Mobile 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, Bemobi Mobile autocorrelation shows the relationship between Bemobi Mobile stock current value and its past values and can show if there is a momentum factor associated with investing in Bemobi Mobile Tech.
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 Bemobi Stock Analysis
When running Bemobi Mobile's price analysis, check to measure Bemobi Mobile'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 Bemobi Mobile is operating at the current time. Most of Bemobi Mobile's value examination focuses on studying past and present price action to predict the probability of Bemobi Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bemobi Mobile's price. Additionally, you may evaluate how the addition of Bemobi Mobile to your portfolios can decrease your overall portfolio volatility.