BIN Live's market value is the price at which a share of BIN Live trades on a public exchange. It measures the collective expectations of BIN Live Co investors about its performance. BIN Live is selling for under 79.10 as of the 18th of January 2025; that is 1.13 percent decrease since the beginning of the trading day. The stock's lowest day price was 78.9. With this module, you can estimate the performance of a buy and hold strategy of BIN Live Co and determine expected loss or profit from investing in BIN Live over a given investment horizon. Check out BIN Live Correlation, BIN Live Volatility and BIN Live Alpha and Beta module to complement your research on BIN Live.
Please note, there is a significant difference between BIN Live's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIN Live is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIN Live'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.
BIN Live '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 BIN Live'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 BIN Live.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in BIN Live on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding BIN Live Co or generate 0.0% return on investment in BIN Live over 30 days. BIN Live is related to or competes with Taiwan Optical, HIM International, Kuang Hong, Leatec Fine, Kinko Optical, SYN Tech, and Zinwell. The company offers concert visual planning and graphic visual design services stage and set design services for concerts... More
BIN Live 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 BIN Live'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 BIN Live Co upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for BIN Live's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BIN Live's standard deviation. In reality, there are many statistical measures that can use BIN Live historical prices to predict the future BIN Live's volatility.
BIN Live secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. BIN Live Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BIN Live's risk adjusted performance of (0.10), and Mean Deviation of 1.1 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BIN Live are expected to decrease at a much lower rate. During the bear market, BIN Live is likely to outperform the market. At this point, BIN Live has a negative expected return of -0.2%. Please make sure to confirm BIN Live's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if BIN Live performance from the past will be repeated in the future.
Auto-correlation
-0.68
Very good reverse predictability
BIN Live Co has very good reverse predictability. Overlapping area represents the amount of predictability between BIN Live time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 BIN Live price movement. The serial correlation of -0.68 indicates that around 68.0% of current BIN Live price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.68
Spearman Rank Test
-0.64
Residual Average
0.0
Price Variance
18.56
BIN Live lagged returns against current returns
Autocorrelation, which is BIN Live 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 BIN Live's stock expected returns. We can calculate the autocorrelation of BIN Live returns to help us make a trade decision. For example, suppose you find that BIN Live 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
BIN Live 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 BIN Live stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BIN Live stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BIN Live stock over time.
Current vs Lagged Prices
Timeline
BIN Live Lagged Returns
When evaluating BIN Live's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BIN Live stock have on its future price. BIN Live 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, BIN Live autocorrelation shows the relationship between BIN Live stock current value and its past values and can show if there is a momentum factor associated with investing in BIN Live Co.
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.
When running BIN Live's price analysis, check to measure BIN Live'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 BIN Live is operating at the current time. Most of BIN Live's value examination focuses on studying past and present price action to predict the probability of BIN Live's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIN Live's price. Additionally, you may evaluate how the addition of BIN Live to your portfolios can decrease your overall portfolio volatility.