Bw Offshore Limited Stock Market Value
| BWOFY Stock | 5.50 0.10 1.79% |
| Symbol | BWOFY |
BW Offshore '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 BW Offshore'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 BW Offshore.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in BW Offshore on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding BW Offshore Limited or generate 0.0% return on investment in BW Offshore over 30 days.
BW Offshore 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 BW Offshore'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 BW Offshore Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0475 | |||
| Maximum Drawdown | 28.34 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 1.82 |
BW Offshore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BW Offshore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BW Offshore's standard deviation. In reality, there are many statistical measures that can use BW Offshore historical prices to predict the future BW Offshore's volatility.| Risk Adjusted Performance | 0.0771 | |||
| Jensen Alpha | 0.296 | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (1.00) |
BW Offshore Limited Backtested Returns
BW Offshore appears to be moderately volatile, given 3 months investment horizon. BW Offshore Limited retains Efficiency (Sharpe Ratio) of 0.0923, which signifies that the company had a 0.0923% return per unit of price deviation over the last 3 months. We have found twenty-two technical indicators for BW Offshore, which you can use to evaluate the volatility of the firm. Please makes use of BW Offshore's Variance of 9.09, information ratio of 0.0475, and Market Risk Adjusted Performance of (0.99) to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BW Offshore holds a performance score of 7. The firm owns a Beta (Systematic Risk) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BW Offshore are expected to decrease at a much lower rate. During the bear market, BW Offshore is likely to outperform the market. Please check BW Offshore's jensen alpha, as well as the relationship between the kurtosis and period momentum indicator , to make a quick decision on whether BW Offshore's current price history will revert.
Auto-correlation | 0.24 |
Weak predictability
BW Offshore Limited has weak predictability. Overlapping area represents the amount of predictability between BW Offshore time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 BW Offshore Limited price movement. The serial correlation of 0.24 indicates that over 24.0% of current BW Offshore price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BW Offshore Limited lagged returns against current returns
Autocorrelation, which is BW Offshore 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 BW Offshore's pink sheet expected returns. We can calculate the autocorrelation of BW Offshore returns to help us make a trade decision. For example, suppose you find that BW Offshore 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 |
BW Offshore 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 BW Offshore pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BW Offshore pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BW Offshore pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BW Offshore Lagged Returns
When evaluating BW Offshore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BW Offshore pink sheet have on its future price. BW Offshore 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, BW Offshore autocorrelation shows the relationship between BW Offshore pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BW Offshore Limited.
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 BWOFY Pink Sheet Analysis
When running BW Offshore's price analysis, check to measure BW Offshore'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 BW Offshore is operating at the current time. Most of BW Offshore's value examination focuses on studying past and present price action to predict the probability of BW Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BW Offshore's price. Additionally, you may evaluate how the addition of BW Offshore to your portfolios can decrease your overall portfolio volatility.