Bzam Stock Market Value
BZAM's market value is the price at which a share of BZAM trades on a public exchange. It measures the collective expectations of BZAM investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of BZAM and determine expected loss or profit from investing in BZAM over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
| Symbol | BZAM |
BZAM '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 BZAM'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 BZAM.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in BZAM on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding BZAM or generate 0.0% return on investment in BZAM over 30 days.
BZAM 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 BZAM'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 BZAM upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 199.0 | |||
| Value At Risk | (60.32) | |||
| Potential Upside | 33.33 |
BZAM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BZAM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BZAM's standard deviation. In reality, there are many statistical measures that can use BZAM historical prices to predict the future BZAM's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (3.44) | |||
| Total Risk Alpha | (8.39) | |||
| Treynor Ratio | 0.765 |
BZAM Backtested Returns
BZAM is out of control given 3 months investment horizon. BZAM retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have collected data for fifteen different technical indicators, which can help you to evaluate if expected returns of 22.94% are justified by taking the suggested risk. Use BZAM market risk adjusted performance of 0.775, and Variance of 746.35 to evaluate company specific risk that cannot be diversified away. BZAM holds a performance score of 9 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -5.34, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BZAM are expected to decrease by larger amounts. On the other hand, during market turmoil, BZAM is expected to outperform it. Use BZAM standard deviation, as well as the relationship between the maximum drawdown and kurtosis , to analyze future returns on BZAM.
Auto-correlation | -1 |
Near perfect reversele predictability
BZAM has near perfect reversele predictability. Overlapping area represents the amount of predictability between BZAM 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 BZAM price movement. The serial correlation of -1.0 indicates that 100.0% of current BZAM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -1.0 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BZAM lagged returns against current returns
Autocorrelation, which is BZAM 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 BZAM's pink sheet expected returns. We can calculate the autocorrelation of BZAM returns to help us make a trade decision. For example, suppose you find that BZAM 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 |
BZAM 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 BZAM pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BZAM pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BZAM pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BZAM Lagged Returns
When evaluating BZAM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BZAM pink sheet have on its future price. BZAM 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, BZAM autocorrelation shows the relationship between BZAM pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BZAM.
Regressed Prices |
| Timeline |