Butler National Corp Stock Market Value
| BUKS Stock | USD 1.64 0.10 6.49% |
| Symbol | Butler |
Butler National '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 Butler National'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 Butler National.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Butler National on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Butler National Corp or generate 0.0% return on investment in Butler National over 30 days. Butler National is related to or competes with BAB, Optex Systems, Smith Midland, and Ieh Corp. Butler National Corporation, together with its subsidiaries, engages in the designs, engineers, manufactures, sells, int... More
Butler National 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 Butler National'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 Butler National Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.1817 | |||
| Maximum Drawdown | 18.17 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 6.49 |
Butler National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Butler National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Butler National's standard deviation. In reality, there are many statistical measures that can use Butler National historical prices to predict the future Butler National's volatility.| Risk Adjusted Performance | 0.1744 | |||
| Jensen Alpha | 0.6575 | |||
| Total Risk Alpha | 0.2074 | |||
| Sortino Ratio | 0.1895 | |||
| Treynor Ratio | 0.7947 |
Butler National Corp Backtested Returns
Butler National appears to be dangerous, given 3 months investment horizon. Butler National Corp secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. By analyzing Butler National's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of Butler National's Downside Deviation of 3.45, risk adjusted performance of 0.1744, and Mean Deviation of 2.62 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Butler National holds a performance score of 16. The firm shows a Beta (market volatility) of 0.98, which signifies possible diversification benefits within a given portfolio. Butler National returns are very sensitive to returns on the market. As the market goes up or down, Butler National is expected to follow. Please check Butler National's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Butler National's price patterns will revert.
Auto-correlation | 0.62 |
Good predictability
Butler National Corp has good predictability. Overlapping area represents the amount of predictability between Butler National time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Butler National Corp price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Butler National price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Butler National Corp lagged returns against current returns
Autocorrelation, which is Butler National 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 Butler National's otc stock expected returns. We can calculate the autocorrelation of Butler National returns to help us make a trade decision. For example, suppose you find that Butler National 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 |
Butler National 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 Butler National otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Butler National otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Butler National otc stock over time.
Current vs Lagged Prices |
| Timeline |
Butler National Lagged Returns
When evaluating Butler National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Butler National otc stock have on its future price. Butler National 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, Butler National autocorrelation shows the relationship between Butler National otc stock current value and its past values and can show if there is a momentum factor associated with investing in Butler National Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Butler OTC Stock Analysis
When running Butler National's price analysis, check to measure Butler National'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 Butler National is operating at the current time. Most of Butler National's value examination focuses on studying past and present price action to predict the probability of Butler National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butler National's price. Additionally, you may evaluate how the addition of Butler National to your portfolios can decrease your overall portfolio volatility.