Bushveld Minerals Limited Stock Market Value
| BSHVF Stock | USD 0.01 0 29.58% |
| Symbol | Bushveld |
Bushveld Minerals '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 Bushveld Minerals' 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 Bushveld Minerals.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Bushveld Minerals on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bushveld Minerals Limited or generate 0.0% return on investment in Bushveld Minerals over 180 days. Bushveld Minerals is related to or competes with South Star, and Mundoro Capital. Bushveld Minerals Limited operates as an integrated primary vanadium producer for the steel, energy, and chemical sector... More
Bushveld Minerals 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 Bushveld Minerals' 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 Bushveld Minerals Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 67.64 | |||
| Information Ratio | 0.2198 | |||
| Maximum Drawdown | 1613.66 | |||
| Value At Risk | (87.50) | |||
| Potential Upside | 400.0 |
Bushveld Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bushveld Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bushveld Minerals' standard deviation. In reality, there are many statistical measures that can use Bushveld Minerals historical prices to predict the future Bushveld Minerals' volatility.| Risk Adjusted Performance | 0.1789 | |||
| Jensen Alpha | 64.26 | |||
| Total Risk Alpha | 20.83 | |||
| Sortino Ratio | 1.08 | |||
| Treynor Ratio | 0.9948 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bushveld Minerals' 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.
Bushveld Minerals Backtested Returns
Bushveld Minerals is out of control given 3 months investment horizon. Bushveld Minerals secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 49.29% are justified by taking the suggested risk. Use Bushveld Minerals Downside Deviation of 67.64, mean deviation of 146.48, and Risk Adjusted Performance of 0.1789 to evaluate company specific risk that cannot be diversified away. Bushveld Minerals holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 73.52, 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, Bushveld Minerals will likely underperform. Use Bushveld Minerals treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Bushveld Minerals.
Auto-correlation | 0.20 |
Weak predictability
Bushveld Minerals Limited has weak predictability. Overlapping area represents the amount of predictability between Bushveld Minerals time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Bushveld Minerals price movement. The serial correlation of 0.2 indicates that over 20.0% of current Bushveld Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bushveld Minerals lagged returns against current returns
Autocorrelation, which is Bushveld Minerals 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 Bushveld Minerals' pink sheet expected returns. We can calculate the autocorrelation of Bushveld Minerals returns to help us make a trade decision. For example, suppose you find that Bushveld Minerals 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 |
Bushveld Minerals 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 Bushveld Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bushveld Minerals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bushveld Minerals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bushveld Minerals Lagged Returns
When evaluating Bushveld Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bushveld Minerals pink sheet have on its future price. Bushveld Minerals 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, Bushveld Minerals autocorrelation shows the relationship between Bushveld Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bushveld Minerals Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bushveld Pink Sheet
Bushveld Minerals financial ratios help investors to determine whether Bushveld 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 Bushveld with respect to the benefits of owning Bushveld Minerals security.