Bri Chem Corp Stock Market Value
| BRYFF Stock | USD 0.25 0.00 0.00% |
| Symbol | Bri |
Bri Chem '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 Bri Chem'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 Bri Chem.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Bri Chem on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Bri Chem Corp or generate 0.0% return on investment in Bri Chem over 150 days. Bri Chem is related to or competes with Dawson Geophysical, NCS Multistage, NXT Energy, Bristow, and Natural Gas. Bri-Chem Corp., together with its subsidiaries, engages in the wholesale distribution of oilfield chemicals for the oil ... More
Bri Chem 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 Bri Chem'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 Bri Chem Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0843 | |||
| Maximum Drawdown | 147.41 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 13.33 |
Bri Chem Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bri Chem's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bri Chem's standard deviation. In reality, there are many statistical measures that can use Bri Chem historical prices to predict the future Bri Chem's volatility.| Risk Adjusted Performance | 0.0841 | |||
| Jensen Alpha | 1.68 | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 1.67 |
Bri Chem Corp Backtested Returns
Bri Chem is out of control given 3 months investment horizon. Bri Chem Corp secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We were able to analyze and collect data for eighteen different technical indicators, which can help you to evaluate if expected returns of 2.73% are justified by taking the suggested risk. Use Bri Chem Mean Deviation of 6.79, risk adjusted performance of 0.0841, and Standard Deviation of 20.05 to evaluate company specific risk that cannot be diversified away. Bri Chem holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.07, which signifies a somewhat significant risk relative to the market. Bri Chem returns are very sensitive to returns on the market. As the market goes up or down, Bri Chem is expected to follow. Use Bri Chem jensen alpha, as well as the relationship between the skewness and day typical price , to analyze future returns on Bri Chem.
Auto-correlation | -0.43 |
Modest reverse predictability
Bri Chem Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Bri Chem time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st 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 Bri Chem Corp price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Bri Chem price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bri Chem Corp lagged returns against current returns
Autocorrelation, which is Bri Chem 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 Bri Chem's otc stock expected returns. We can calculate the autocorrelation of Bri Chem returns to help us make a trade decision. For example, suppose you find that Bri Chem 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 |
| Timeline |
Bri Chem 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 Bri Chem otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bri Chem otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bri Chem otc stock over time.
Current vs Lagged Prices |
| Timeline |
Bri Chem Lagged Returns
When evaluating Bri Chem's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bri Chem otc stock have on its future price. Bri Chem 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, Bri Chem autocorrelation shows the relationship between Bri Chem otc stock current value and its past values and can show if there is a momentum factor associated with investing in Bri Chem Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bri OTC Stock
Bri Chem financial ratios help investors to determine whether Bri 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 Bri with respect to the benefits of owning Bri Chem security.