Bri Chem Corp Stock Market Value
| BRYFF Stock | USD 0.17 0.02 13.33% |
| Symbol | Bri-Chem |
Bri-Chem 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 Bri-Chem 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 Bri-Chem Corp.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Bri-Chem Corp on October 26, 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 Corp over 30 days. Bri-Chem Corp 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 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 Bri-Chem 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 Bri Chem Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 51.55 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 7.14 |
Bri-Chem Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bri-Chem Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bri-Chem Corp's standard deviation. In reality, there are many statistical measures that can use Bri-Chem Corp historical prices to predict the future Bri-Chem Corp's volatility.| Risk Adjusted Performance | 0.0037 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (1.10) | |||
| Treynor Ratio | 0.1826 |
Bri Chem Corp Backtested Returns
Bri Chem Corp secures Sharpe Ratio (or Efficiency) of -0.0068, which signifies that the company had a -0.0068% return per unit of risk over the last 3 months. Bri Chem Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bri-Chem Corp's Risk Adjusted Performance of 0.0037, standard deviation of 6.65, and Mean Deviation of 2.17 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bri-Chem Corp are expected to decrease at a much lower rate. During the bear market, Bri-Chem Corp is likely to outperform the market. At this point, Bri Chem Corp has a negative expected return of -0.0456%. Please make sure to confirm Bri-Chem Corp's treynor ratio and the relationship between the skewness and price action indicator , to decide if Bri Chem Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Bri Chem Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Bri-Chem Corp time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Bri Chem Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bri-Chem Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bri Chem Corp lagged returns against current returns
Autocorrelation, which is Bri-Chem 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 Bri-Chem Corp's otc stock expected returns. We can calculate the autocorrelation of Bri-Chem Corp returns to help us make a trade decision. For example, suppose you find that Bri-Chem 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 |
| Timeline |
Bri-Chem 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 Bri-Chem Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bri-Chem 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 Bri-Chem Corp otc stock over time.
Current vs Lagged Prices |
| Timeline |
Bri-Chem Corp Lagged Returns
When evaluating Bri-Chem Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bri-Chem Corp otc stock have on its future price. Bri-Chem 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, Bri-Chem Corp autocorrelation shows the relationship between Bri-Chem Corp 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-Chem OTC Stock
Bri-Chem Corp financial ratios help investors to determine whether Bri-Chem 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-Chem with respect to the benefits of owning Bri-Chem Corp security.