Batm Advanced (Israel) Market Value
| BVC Stock | 93.40 2.30 2.52% |
| Symbol | Batm |
Batm Advanced '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 Batm Advanced's 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 Batm Advanced.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Batm Advanced on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Batm Advanced Communications or generate 0.0% return on investment in Batm Advanced over 30 days. Batm Advanced is related to or competes with Medivie Therapeutic, Storage Drop, Brainsway, Mivne Real, Israel Land, and Bezeq Israeli. BATM Advanced Communications Ltd., together with its subsidiaries, engages in the research and development, production, ... More
Batm Advanced 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 Batm Advanced's 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 Batm Advanced Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.52 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.59 |
Batm Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Batm Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Batm Advanced's standard deviation. In reality, there are many statistical measures that can use Batm Advanced historical prices to predict the future Batm Advanced's volatility.| Risk Adjusted Performance | 0.0152 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1141 |
Batm Advanced Commun Backtested Returns
Batm Advanced Commun secures Sharpe Ratio (or Efficiency) of -0.0403, which signifies that the company had a -0.0403% return per unit of risk over the last 3 months. Batm Advanced Communications exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Batm Advanced's Mean Deviation of 1.36, risk adjusted performance of 0.0152, and Downside Deviation of 1.92 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Batm Advanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Batm Advanced is expected to be smaller as well. At this point, Batm Advanced Commun has a negative expected return of -0.073%. Please make sure to confirm Batm Advanced's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Batm Advanced Commun performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.1 |
Very weak reverse predictability
Batm Advanced Communications has very weak reverse predictability. Overlapping area represents the amount of predictability between Batm Advanced time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 Batm Advanced Commun price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Batm Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 1.98 |
Batm Advanced Commun lagged returns against current returns
Autocorrelation, which is Batm Advanced 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 Batm Advanced's stock expected returns. We can calculate the autocorrelation of Batm Advanced returns to help us make a trade decision. For example, suppose you find that Batm Advanced 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 |
Batm Advanced 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 Batm Advanced stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Batm Advanced stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Batm Advanced stock over time.
Current vs Lagged Prices |
| Timeline |
Batm Advanced Lagged Returns
When evaluating Batm Advanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Batm Advanced stock have on its future price. Batm Advanced 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, Batm Advanced autocorrelation shows the relationship between Batm Advanced stock current value and its past values and can show if there is a momentum factor associated with investing in Batm Advanced Communications.
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.Other Information on Investing in Batm Stock
Batm Advanced financial ratios help investors to determine whether Batm 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 Batm with respect to the benefits of owning Batm Advanced security.