Braxia Scientific Corp Stock Market Value
| BRAXF Stock | USD 0 0 33.33% |
| Symbol | Braxia |
Braxia Scientific '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 Braxia Scientific's pink sheet 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 Braxia Scientific.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Braxia Scientific on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Braxia Scientific Corp or generate 0.0% return on investment in Braxia Scientific over 720 days. Braxia Scientific is related to or competes with Cybin, ATAI Life, Mind Medicine, Oxford Nanopore, Antibe Therapeutics, Arch Therapeutics, and Cellectis. Braxia Scientific Corp. operates as a medical research company with clinics that provide ketamine treatments for persons... More
Braxia Scientific 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 Braxia Scientific's pink sheet 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 Braxia Scientific Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.63 | |||
| Information Ratio | 0.1086 | |||
| Maximum Drawdown | 133.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Braxia Scientific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Braxia Scientific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Braxia Scientific's standard deviation. In reality, there are many statistical measures that can use Braxia Scientific historical prices to predict the future Braxia Scientific's volatility.| Risk Adjusted Performance | 0.0971 | |||
| Jensen Alpha | 2.79 | |||
| Total Risk Alpha | (0.92) | |||
| Sortino Ratio | 0.0849 | |||
| Treynor Ratio | (1.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Braxia Scientific'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.
Braxia Scientific Corp Backtested Returns
Braxia Scientific is out of control given 3 months investment horizon. Braxia Scientific Corp secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have analyzed and interpolated twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.21% are justified by taking the suggested risk. Use Braxia Scientific mean deviation of 12.92, and Risk Adjusted Performance of 0.0971 to evaluate company specific risk that cannot be diversified away. Braxia Scientific holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.0, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Braxia Scientific are expected to decrease by larger amounts. On the other hand, during market turmoil, Braxia Scientific is expected to outperform it. Use Braxia Scientific value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to analyze future returns on Braxia Scientific.
Auto-correlation | 0.58 |
Modest predictability
Braxia Scientific Corp has modest predictability. Overlapping area represents the amount of predictability between Braxia Scientific time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Braxia Scientific Corp price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Braxia Scientific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Braxia Scientific Corp lagged returns against current returns
Autocorrelation, which is Braxia Scientific pink sheet'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 Braxia Scientific's pink sheet expected returns. We can calculate the autocorrelation of Braxia Scientific returns to help us make a trade decision. For example, suppose you find that Braxia Scientific has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Braxia Scientific 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 Braxia Scientific pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Braxia Scientific pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Braxia Scientific pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Braxia Scientific Lagged Returns
When evaluating Braxia Scientific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Braxia Scientific pink sheet have on its future price. Braxia Scientific 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, Braxia Scientific autocorrelation shows the relationship between Braxia Scientific pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Braxia Scientific Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Braxia Pink Sheet
Braxia Scientific financial ratios help investors to determine whether Braxia Pink Sheet 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 Braxia with respect to the benefits of owning Braxia Scientific security.