2020 Bulkers (Norway) Market Value
| 2020 Stock | NOK 134.60 6.40 4.99% |
| Symbol | 2020 |
2020 Bulkers '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 2020 Bulkers' 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 2020 Bulkers.
| 03/10/2023 |
| 02/27/2025 |
If you would invest 0.00 in 2020 Bulkers on March 10, 2023 and sell it all today you would earn a total of 0.00 from holding 2020 Bulkers or generate 0.0% return on investment in 2020 Bulkers over 720 days. 2020 Bulkers is related to or competes with Okeanis Eco, MPC Container, Belships, Hafnia, and Golden Ocean. 2020 Bulkers Ltd owns and operates large dry bulk vessels worldwide More
2020 Bulkers 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 2020 Bulkers' 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 2020 Bulkers upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.41 |
2020 Bulkers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2020 Bulkers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 2020 Bulkers' standard deviation. In reality, there are many statistical measures that can use 2020 Bulkers historical prices to predict the future 2020 Bulkers' volatility.| Risk Adjusted Performance | (0.0007) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.055 |
2020 Bulkers Backtested Returns
As of now, 2020 Stock is very steady. 2020 Bulkers retains Efficiency (Sharpe Ratio) of 0.0601, which signifies that the company had a 0.0601 % return per unit of price deviation over the last 3 months. We have found twenty-three technical indicators for 2020 Bulkers, which you can use to evaluate the volatility of the entity. Please confirm 2020 Bulkers' Information Ratio of (0.01), market risk adjusted performance of 0.065, and Variance of 5.55 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. 2020 Bulkers has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 2020 Bulkers are expected to decrease at a much lower rate. During the bear market, 2020 Bulkers is likely to outperform the market. 2020 Bulkers today owns a risk of 2.39%. Please confirm 2020 Bulkers mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if 2020 Bulkers will be following its current price history.
Auto-correlation | -0.48 |
Modest reverse predictability
2020 Bulkers has modest reverse predictability. Overlapping area represents the amount of predictability between 2020 Bulkers time series from 10th of March 2023 to 4th of March 2024 and 4th of March 2024 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 2020 Bulkers price movement. The serial correlation of -0.48 indicates that about 48.0% of current 2020 Bulkers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 78.3 |
2020 Bulkers lagged returns against current returns
Autocorrelation, which is 2020 Bulkers 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 2020 Bulkers' stock expected returns. We can calculate the autocorrelation of 2020 Bulkers returns to help us make a trade decision. For example, suppose you find that 2020 Bulkers 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 |
2020 Bulkers 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 2020 Bulkers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 2020 Bulkers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 2020 Bulkers stock over time.
Current vs Lagged Prices |
| Timeline |
2020 Bulkers Lagged Returns
When evaluating 2020 Bulkers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 2020 Bulkers stock have on its future price. 2020 Bulkers 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, 2020 Bulkers autocorrelation shows the relationship between 2020 Bulkers stock current value and its past values and can show if there is a momentum factor associated with investing in 2020 Bulkers.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in 2020 Stock
2020 Bulkers financial ratios help investors to determine whether 2020 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 2020 with respect to the benefits of owning 2020 Bulkers security.