BOTSWANA BUILDING (Botswana) Market Value
| BBS-EQO Stock | 0.60 0.01 1.69% |
| Symbol | BOTSWANA |
BOTSWANA BUILDING '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 BOTSWANA BUILDING'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 BOTSWANA BUILDING.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in BOTSWANA BUILDING on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding BOTSWANA BUILDING SOCIETY or generate 0.0% return on investment in BOTSWANA BUILDING over 90 days.
BOTSWANA BUILDING 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 BOTSWANA BUILDING'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 BOTSWANA BUILDING SOCIETY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2567 | |||
| Maximum Drawdown | 9.26 |
BOTSWANA BUILDING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BOTSWANA BUILDING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BOTSWANA BUILDING's standard deviation. In reality, there are many statistical measures that can use BOTSWANA BUILDING historical prices to predict the future BOTSWANA BUILDING's volatility.| Risk Adjusted Performance | 0.1704 | |||
| Jensen Alpha | 0.3048 | |||
| Total Risk Alpha | 0.4656 | |||
| Treynor Ratio | 1.1 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BOTSWANA BUILDING's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BOTSWANA BUILDING SOCIETY Backtested Returns
BOTSWANA BUILDING appears to be dangerous, given 3 months investment horizon. BOTSWANA BUILDING SOCIETY secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2 % return per unit of volatility over the last 3 months. We have found nineteen technical indicators for BOTSWANA BUILDING SOCIETY, which you can use to evaluate the volatility of the firm. Please makes use of BOTSWANA BUILDING's mean deviation of 0.5483, and Risk Adjusted Performance of 0.1704 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BOTSWANA BUILDING holds a performance score of 15. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BOTSWANA BUILDING's returns are expected to increase less than the market. However, during the bear market, the loss of holding BOTSWANA BUILDING is expected to be smaller as well. Please check BOTSWANA BUILDING's total risk alpha, kurtosis, rate of daily change, as well as the relationship between the skewness and daily balance of power , to make a quick decision on whether BOTSWANA BUILDING's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
BOTSWANA BUILDING SOCIETY has no correlation between past and present. Overlapping area represents the amount of predictability between BOTSWANA BUILDING time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 BOTSWANA BUILDING SOCIETY price movement. The serial correlation of 0.0 indicates that just 0.0% of current BOTSWANA BUILDING price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BOTSWANA BUILDING SOCIETY lagged returns against current returns
Autocorrelation, which is BOTSWANA BUILDING 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 BOTSWANA BUILDING's stock expected returns. We can calculate the autocorrelation of BOTSWANA BUILDING returns to help us make a trade decision. For example, suppose you find that BOTSWANA BUILDING 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 |
BOTSWANA BUILDING 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 BOTSWANA BUILDING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BOTSWANA BUILDING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BOTSWANA BUILDING stock over time.
Current vs Lagged Prices |
| Timeline |
BOTSWANA BUILDING Lagged Returns
When evaluating BOTSWANA BUILDING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BOTSWANA BUILDING stock have on its future price. BOTSWANA BUILDING 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, BOTSWANA BUILDING autocorrelation shows the relationship between BOTSWANA BUILDING stock current value and its past values and can show if there is a momentum factor associated with investing in BOTSWANA BUILDING SOCIETY.
Regressed Prices |
| Timeline |