Bentre Aquaproduct (Vietnam) Market Value
| ABT Stock | 45,500 3,300 7.82% |
| Symbol | Bentre |
Bentre Aquaproduct '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 Bentre Aquaproduct'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 Bentre Aquaproduct.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Bentre Aquaproduct on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Bentre Aquaproduct Import or generate 0.0% return on investment in Bentre Aquaproduct over 90 days. Bentre Aquaproduct is related to or competes with Sao Ta, South Basic, Riverway Management, Danang Education, Vietnam National, and Nafoods Group. More
Bentre Aquaproduct 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 Bentre Aquaproduct'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 Bentre Aquaproduct Import upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9709 | |||
| Information Ratio | 0.2864 | |||
| Maximum Drawdown | 9.44 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 3.51 |
Bentre Aquaproduct Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bentre Aquaproduct's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bentre Aquaproduct's standard deviation. In reality, there are many statistical measures that can use Bentre Aquaproduct historical prices to predict the future Bentre Aquaproduct's volatility.| Risk Adjusted Performance | 0.1963 | |||
| Jensen Alpha | 0.3537 | |||
| Total Risk Alpha | 0.511 | |||
| Sortino Ratio | 0.4444 | |||
| Treynor Ratio | 1.12 |
Bentre Aquaproduct Import Backtested Returns
Bentre Aquaproduct appears to be very steady, given 3 months investment horizon. Bentre Aquaproduct Import secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bentre Aquaproduct Import, which you can use to evaluate the volatility of the firm. Please makes use of Bentre Aquaproduct's Risk Adjusted Performance of 0.1963, mean deviation of 1.03, and Downside Deviation of 0.9709 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bentre Aquaproduct holds a performance score of 19. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bentre Aquaproduct's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bentre Aquaproduct is expected to be smaller as well. Please check Bentre Aquaproduct's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Bentre Aquaproduct's price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
Bentre Aquaproduct Import has good predictability. Overlapping area represents the amount of predictability between Bentre Aquaproduct time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Bentre Aquaproduct Import price movement. The serial correlation of 0.71 indicates that around 71.0% of current Bentre Aquaproduct price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 7.7 M |
Bentre Aquaproduct Import lagged returns against current returns
Autocorrelation, which is Bentre Aquaproduct 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 Bentre Aquaproduct's stock expected returns. We can calculate the autocorrelation of Bentre Aquaproduct returns to help us make a trade decision. For example, suppose you find that Bentre Aquaproduct 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 |
Bentre Aquaproduct 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 Bentre Aquaproduct stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bentre Aquaproduct stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bentre Aquaproduct stock over time.
Current vs Lagged Prices |
| Timeline |
Bentre Aquaproduct Lagged Returns
When evaluating Bentre Aquaproduct's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bentre Aquaproduct stock have on its future price. Bentre Aquaproduct 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, Bentre Aquaproduct autocorrelation shows the relationship between Bentre Aquaproduct stock current value and its past values and can show if there is a momentum factor associated with investing in Bentre Aquaproduct Import.
Regressed Prices |
| Timeline |
Pair Trading with Bentre Aquaproduct
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bentre Aquaproduct position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bentre Aquaproduct will appreciate offsetting losses from the drop in the long position's value.Moving together with Bentre Stock
Moving against Bentre Stock
The ability to find closely correlated positions to Bentre Aquaproduct could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bentre Aquaproduct when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bentre Aquaproduct - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bentre Aquaproduct Import to buy it.
The correlation of Bentre Aquaproduct is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bentre Aquaproduct moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bentre Aquaproduct Import moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bentre Aquaproduct can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Bentre Stock
Bentre Aquaproduct financial ratios help investors to determine whether Bentre 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 Bentre with respect to the benefits of owning Bentre Aquaproduct security.