Bluebik Group (Thailand) Market Value

BBIK Stock   40.00  1.00  2.56%   
Bluebik Group's market value is the price at which a share of Bluebik Group trades on a public exchange. It measures the collective expectations of Bluebik Group PCL investors about its performance. Bluebik Group is selling for 40.00 as of the 25th of December 2024. This is a 2.56 percent up since the beginning of the trading day. The stock's last reported lowest price was 39.0.
With this module, you can estimate the performance of a buy and hold strategy of Bluebik Group PCL and determine expected loss or profit from investing in Bluebik Group 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 board of governors.
Symbol

Bluebik Group '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 Bluebik Group'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 Bluebik Group.
0.00
01/05/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/25/2024
0.00
If you would invest  0.00  in Bluebik Group on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Bluebik Group PCL or generate 0.0% return on investment in Bluebik Group over 720 days.

Bluebik Group 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 Bluebik Group'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 Bluebik Group PCL upside and downside potential and time the market with a certain degree of confidence.

Bluebik Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bluebik Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bluebik Group's standard deviation. In reality, there are many statistical measures that can use Bluebik Group historical prices to predict the future Bluebik Group's volatility.

Bluebik Group PCL Backtested Returns

As of now, Bluebik Stock is very steady. Bluebik Group PCL secures Sharpe Ratio (or Efficiency) of 0.0113, which signifies that the company had a 0.0113% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bluebik Group PCL, which you can use to evaluate the volatility of the firm. Please confirm Bluebik Group's Mean Deviation of 1.79, risk adjusted performance of 0.0394, and Downside Deviation of 2.21 to double-check if the risk estimate we provide is consistent with the expected return of 0.0258%. The firm shows a Beta (market volatility) of 0.99, which signifies possible diversification benefits within a given portfolio. Bluebik Group returns are very sensitive to returns on the market. As the market goes up or down, Bluebik Group is expected to follow. Bluebik Group PCL right now shows a risk of 2.3%. Please confirm Bluebik Group PCL total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Bluebik Group PCL will be following its price patterns.

Auto-correlation

    
  -0.04  

Very weak reverse predictability

Bluebik Group PCL has very weak reverse predictability. Overlapping area represents the amount of predictability between Bluebik Group time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th of December 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 Bluebik Group PCL price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Bluebik Group price fluctuation can be explain by its past prices.
Correlation Coefficient-0.04
Spearman Rank Test0.2
Residual Average0.0
Price Variance68.49

Bluebik Group PCL lagged returns against current returns

Autocorrelation, which is Bluebik Group 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 Bluebik Group's stock expected returns. We can calculate the autocorrelation of Bluebik Group returns to help us make a trade decision. For example, suppose you find that Bluebik Group 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  

Bluebik Group 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 Bluebik Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bluebik Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bluebik Group stock over time.
   Current vs Lagged Prices   
       Timeline  

Bluebik Group Lagged Returns

When evaluating Bluebik Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bluebik Group stock have on its future price. Bluebik Group 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, Bluebik Group autocorrelation shows the relationship between Bluebik Group stock current value and its past values and can show if there is a momentum factor associated with investing in Bluebik Group PCL.
   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 Architect