Botnia Exploration (Sweden) Market Value
| BOTX Stock | SEK 12.70 0.10 0.78% |
| Symbol | Botnia |
Botnia Exploration '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 Botnia Exploration'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 Botnia Exploration.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Botnia Exploration on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Botnia Exploration Holding or generate 0.0% return on investment in Botnia Exploration over 30 days. Botnia Exploration is related to or competes with AXichem AB, BE Group, and Arctic Gold. Botnia Exploration Holding AB , together with its subsidiaries, engages in the exploration of precious and base metals i... More
Botnia Exploration 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 Botnia Exploration'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 Botnia Exploration Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 15.62 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 5.98 |
Botnia Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Botnia Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Botnia Exploration's standard deviation. In reality, there are many statistical measures that can use Botnia Exploration historical prices to predict the future Botnia Exploration's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.08) |
Botnia Exploration Backtested Returns
Currently, Botnia Exploration Holding is not too volatile. Botnia Exploration secures Sharpe Ratio (or Efficiency) of 0.0103, which signifies that the company had a 0.0103 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Botnia Exploration Holding, which you can use to evaluate the volatility of the firm. Please confirm Botnia Exploration's Standard Deviation of 2.92, mean deviation of 2.02, and insignificant Risk Adjusted Performance to double-check if the risk estimate we provide is consistent with the expected return of 0.0311%. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Botnia Exploration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Botnia Exploration is expected to be smaller as well. Botnia Exploration right now shows a risk of 3.03%. Please confirm Botnia Exploration maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Botnia Exploration will be following its price patterns.
Auto-correlation | 0.15 |
Insignificant predictability
Botnia Exploration Holding has insignificant predictability. Overlapping area represents the amount of predictability between Botnia Exploration time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Botnia Exploration price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Botnia Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Botnia Exploration lagged returns against current returns
Autocorrelation, which is Botnia Exploration 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 Botnia Exploration's stock expected returns. We can calculate the autocorrelation of Botnia Exploration returns to help us make a trade decision. For example, suppose you find that Botnia Exploration 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 |
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Botnia Exploration 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 Botnia Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Botnia Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Botnia Exploration stock over time.
Current vs Lagged Prices |
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Botnia Exploration Lagged Returns
When evaluating Botnia Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Botnia Exploration stock have on its future price. Botnia Exploration 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, Botnia Exploration autocorrelation shows the relationship between Botnia Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in Botnia Exploration Holding.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Botnia Stock Analysis
When running Botnia Exploration's price analysis, check to measure Botnia Exploration'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 Botnia Exploration is operating at the current time. Most of Botnia Exploration's value examination focuses on studying past and present price action to predict the probability of Botnia Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Botnia Exploration's price. Additionally, you may evaluate how the addition of Botnia Exploration to your portfolios can decrease your overall portfolio volatility.