Beta Systems' market value is the price at which a share of Beta Systems trades on a public exchange. It measures the collective expectations of Beta Systems Software investors about its performance. Beta Systems is trading at 25.00 as of the 15th of January 2025. This is a 1.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 25.0. With this module, you can estimate the performance of a buy and hold strategy of Beta Systems Software and determine expected loss or profit from investing in Beta Systems over a given investment horizon. Check out Beta Systems Correlation, Beta Systems Volatility and Beta Systems Alpha and Beta module to complement your research on Beta Systems.
Please note, there is a significant difference between Beta Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Beta Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beta Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Beta Systems '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 Beta Systems' 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 Beta Systems.
0.00
11/16/2024
No Change 0.00
0.0
In 2 months and 1 day
01/15/2025
0.00
If you would invest 0.00 in Beta Systems on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Beta Systems Software or generate 0.0% return on investment in Beta Systems over 60 days. Beta Systems Software AG develops software products in Germany and internationally More
Beta Systems 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 Beta Systems' 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 Beta Systems Software upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beta Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beta Systems' standard deviation. In reality, there are many statistical measures that can use Beta Systems historical prices to predict the future Beta Systems' volatility.
Beta Systems Software secures Sharpe Ratio (or Efficiency) of -0.0427, which signifies that the company had a -0.0427% return per unit of risk over the last 3 months. Beta Systems Software exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beta Systems' Risk Adjusted Performance of (0.03), mean deviation of 1.26, and Standard Deviation of 2.26 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0015, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Beta Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding Beta Systems is expected to be smaller as well. At this point, Beta Systems Software has a negative expected return of -0.1%. Please make sure to confirm Beta Systems' treynor ratio, daily balance of power, price action indicator, as well as the relationship between the skewness and day median price , to decide if Beta Systems Software performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.54
Good reverse predictability
Beta Systems Software has good reverse predictability. Overlapping area represents the amount of predictability between Beta Systems time series from 16th of November 2024 to 16th of December 2024 and 16th of December 2024 to 15th 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 Beta Systems Software price movement. The serial correlation of -0.54 indicates that about 54.0% of current Beta Systems price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.54
Spearman Rank Test
-0.44
Residual Average
0.0
Price Variance
1.28
Beta Systems Software lagged returns against current returns
Autocorrelation, which is Beta Systems 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 Beta Systems' stock expected returns. We can calculate the autocorrelation of Beta Systems returns to help us make a trade decision. For example, suppose you find that Beta Systems has exhibited high autocorrelation historically, and you observe that the 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
Beta Systems 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 Beta Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beta Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beta Systems stock over time.
Current vs Lagged Prices
Timeline
Beta Systems Lagged Returns
When evaluating Beta Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beta Systems stock have on its future price. Beta Systems 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, Beta Systems autocorrelation shows the relationship between Beta Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Beta Systems Software.
Beta Systems financial ratios help investors to determine whether Beta 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 Beta with respect to the benefits of owning Beta Systems security.