Bts Group Holdings Stock Market Value
| BTSGY Stock | USD 20.92 0.00 0.00% |
| Symbol | BTS |
BTS Group '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 BTS Group'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 BTS Group.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in BTS Group on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding BTS Group Holdings or generate 0.0% return on investment in BTS Group over 30 days. BTS Group is related to or competes with United Fire, Catalent, Mills Music, NI Holdings, Warner Music, Teleflex Incorporated, and Cincinnati Financial. BTS Group Holdings Public Company Limited, together with its subsidiaries, engages in mass transit, property, media, and... More
BTS Group 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 BTS Group'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 BTS Group Holdings upside and downside potential and time the market with a certain degree of confidence.
BTS Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BTS Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BTS Group's standard deviation. In reality, there are many statistical measures that can use BTS Group historical prices to predict the future BTS Group's volatility.BTS Group Holdings Backtested Returns
We have found three technical indicators for BTS Group Holdings, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and BTS Group are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
BTS Group Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between BTS Group time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 BTS Group Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current BTS Group 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 |
BTS Group Holdings lagged returns against current returns
Autocorrelation, which is BTS Group 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 BTS Group's pink sheet expected returns. We can calculate the autocorrelation of BTS Group returns to help us make a trade decision. For example, suppose you find that BTS Group 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 |
BTS Group 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 BTS Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BTS Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BTS Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BTS Group Lagged Returns
When evaluating BTS Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BTS Group pink sheet have on its future price. BTS Group 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, BTS Group autocorrelation shows the relationship between BTS Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BTS Group Holdings.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for BTS Pink Sheet Analysis
When running BTS Group's price analysis, check to measure BTS Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BTS Group is operating at the current time. Most of BTS Group's value examination focuses on studying past and present price action to predict the probability of BTS Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTS Group's price. Additionally, you may evaluate how the addition of BTS Group to your portfolios can decrease your overall portfolio volatility.