Bemetals Corp Stock Market Value
| BMTLF Stock | USD 0.06 0 8.91% |
| Symbol | BeMetals |
BeMetals Corp '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 BeMetals Corp's otc 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 BeMetals Corp.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in BeMetals Corp on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding BeMetals Corp or generate 0.0% return on investment in BeMetals Corp over 30 days. BeMetals Corp is related to or competes with Aurelia Metals, Centaurus Metals, and Adriatic Metals. BeMetals Corp. explores for and develops precious and base metal properties More
BeMetals Corp 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 BeMetals Corp's otc 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 BeMetals Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.66 | |||
| Maximum Drawdown | 43.81 | |||
| Value At Risk | (15.24) | |||
| Potential Upside | 15.1 |
BeMetals Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BeMetals Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BeMetals Corp's standard deviation. In reality, there are many statistical measures that can use BeMetals Corp historical prices to predict the future BeMetals Corp's volatility.| Risk Adjusted Performance | 0.0226 | |||
| Jensen Alpha | 0.0138 | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | 0.143 |
BeMetals Corp Backtested Returns
At this point, BeMetals Corp is out of control. BeMetals Corp secures Sharpe Ratio (or Efficiency) of 0.0031, which signifies that the company had a 0.0031% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for BeMetals Corp, which you can use to evaluate the volatility of the firm. Please confirm BeMetals Corp's Mean Deviation of 4.65, semi deviation of 6.13, and Risk Adjusted Performance of 0.0226 to double-check if the risk estimate we provide is consistent with the expected return of 0.0239%. The firm shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. BeMetals Corp returns are very sensitive to returns on the market. As the market goes up or down, BeMetals Corp is expected to follow. BeMetals Corp presently shows a risk of 7.78%. Please confirm BeMetals Corp total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if BeMetals Corp will be following its price patterns.
Auto-correlation | 0.01 |
Virtually no predictability
BeMetals Corp has virtually no predictability. Overlapping area represents the amount of predictability between BeMetals Corp time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 BeMetals Corp price movement. The serial correlation of 0.01 indicates that just 1.0% of current BeMetals Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BeMetals Corp lagged returns against current returns
Autocorrelation, which is BeMetals Corp otc 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 BeMetals Corp's otc stock expected returns. We can calculate the autocorrelation of BeMetals Corp returns to help us make a trade decision. For example, suppose you find that BeMetals Corp has exhibited high autocorrelation historically, and you observe that the otc 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 |
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BeMetals Corp 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 BeMetals Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BeMetals Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BeMetals Corp otc stock over time.
Current vs Lagged Prices |
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BeMetals Corp Lagged Returns
When evaluating BeMetals Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BeMetals Corp otc stock have on its future price. BeMetals Corp 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, BeMetals Corp autocorrelation shows the relationship between BeMetals Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in BeMetals Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in BeMetals OTC Stock
BeMetals Corp financial ratios help investors to determine whether BeMetals OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BeMetals with respect to the benefits of owning BeMetals Corp security.