BCICI 2875 14 OCT 31 Market Value
| 05890MAB9 | 85.70 0.00 0.00% |
| Symbol | BCICI |
Please note, there is a significant difference between BCICI's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCICI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCICI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BCICI '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 BCICI's bond 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 BCICI.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in BCICI on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding BCICI 2875 14 OCT 31 or generate 0.0% return on investment in BCICI over 690 days. BCICI is related to or competes with Uranium Energy, Braskem SA, Ecovyst, Axalta Coating, Chemours, and Summa Silver. More
BCICI 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 BCICI's bond 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 BCICI 2875 14 OCT 31 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.45 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 1.73 |
BCICI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCICI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BCICI's standard deviation. In reality, there are many statistical measures that can use BCICI historical prices to predict the future BCICI's volatility.| Risk Adjusted Performance | 0.0174 | |||
| Jensen Alpha | 0.0054 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.2258 |
BCICI 2875 14 Backtested Returns
BCICI 2875 14 secures Sharpe Ratio (or Efficiency) of -0.28, which signifies that the bond had a -0.28% return per unit of return volatility over the last 3 months. BCICI 2875 14 OCT 31 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BCICI's Coefficient Of Variation of 5508.11, downside deviation of 1.31, and Mean Deviation of 0.8254 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.0508, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BCICI's returns are expected to increase less than the market. However, during the bear market, the loss of holding BCICI is expected to be smaller as well.
Auto-correlation | -0.62 |
Very good reverse predictability
BCICI 2875 14 OCT 31 has very good reverse predictability. Overlapping area represents the amount of predictability between BCICI time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 BCICI 2875 14 price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current BCICI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 3.14 |
BCICI 2875 14 lagged returns against current returns
Autocorrelation, which is BCICI bond'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 BCICI's bond expected returns. We can calculate the autocorrelation of BCICI returns to help us make a trade decision. For example, suppose you find that BCICI has exhibited high autocorrelation historically, and you observe that the bond 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 |
BCICI 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 BCICI bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BCICI bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BCICI bond over time.
Current vs Lagged Prices |
| Timeline |
BCICI Lagged Returns
When evaluating BCICI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BCICI bond have on its future price. BCICI 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, BCICI autocorrelation shows the relationship between BCICI bond current value and its past values and can show if there is a momentum factor associated with investing in BCICI 2875 14 OCT 31.
Regressed Prices |
| Timeline |
Also Currently Popular
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 BCICI Bond
BCICI financial ratios help investors to determine whether BCICI Bond 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 BCICI with respect to the benefits of owning BCICI security.