Big Screen Entertainment Stock Market Value
| BSEG Stock | USD 0.02 0 10.71% |
| Symbol | Big |
Big Screen '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 Big Screen'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 Big Screen.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Big Screen on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Big Screen Entertainment or generate 0.0% return on investment in Big Screen over 720 days. Big Screen is related to or competes with Warner Music, Live Nation, Atlanta Braves, Warner Bros, Reading International, Reservoir Media, and Marcus. Big Screen Entertainment Group, Inc. operates as an entertainment company in the United States More
Big Screen 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 Big Screen'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 Big Screen Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.37 | |||
| Information Ratio | 0.035 | |||
| Maximum Drawdown | 74.66 | |||
| Value At Risk | (28.73) | |||
| Potential Upside | 20.81 |
Big Screen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Big Screen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Big Screen's standard deviation. In reality, there are many statistical measures that can use Big Screen historical prices to predict the future Big Screen's volatility.| Risk Adjusted Performance | 0.0433 | |||
| Jensen Alpha | 0.3255 | |||
| Total Risk Alpha | (1.46) | |||
| Sortino Ratio | 0.0311 | |||
| Treynor Ratio | 0.2554 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Big Screen'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.
Big Screen Entertainment Backtested Returns
Big Screen appears to be out of control, given 3 months investment horizon. Big Screen Entertainment secures Sharpe Ratio (or Efficiency) of 0.0405, which signifies that the company had a 0.0405% return per unit of standard deviation over the last 3 months. By analyzing Big Screen's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of Big Screen's risk adjusted performance of 0.0433, and Mean Deviation of 9.48 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Big Screen holds a performance score of 3. The firm shows a Beta (market volatility) of 2.32, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Big Screen will likely underperform. Please check Big Screen's coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to make a quick decision on whether Big Screen's price patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Big Screen Entertainment has poor reverse predictability. Overlapping area represents the amount of predictability between Big Screen time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Big Screen Entertainment price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Big Screen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Big Screen Entertainment lagged returns against current returns
Autocorrelation, which is Big Screen 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 Big Screen's pink sheet expected returns. We can calculate the autocorrelation of Big Screen returns to help us make a trade decision. For example, suppose you find that Big Screen 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 |
Big Screen 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 Big Screen pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Big Screen pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Big Screen pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Big Screen Lagged Returns
When evaluating Big Screen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Big Screen pink sheet have on its future price. Big Screen 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, Big Screen autocorrelation shows the relationship between Big Screen pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Big Screen Entertainment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Big Pink Sheet
Big Screen financial ratios help investors to determine whether Big 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 Big with respect to the benefits of owning Big Screen security.