BC IRON (Germany) Market Value
| BC3 Stock | 0.16 0.01 6.67% |
| Symbol | BC3 |
BC IRON '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 BC IRON'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 BC IRON.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in BC IRON on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding BC IRON or generate 0.0% return on investment in BC IRON over 60 days.
BC IRON 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 BC IRON'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 BC IRON upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.92 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 5.88 |
BC IRON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BC IRON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BC IRON's standard deviation. In reality, there are many statistical measures that can use BC IRON historical prices to predict the future BC IRON's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.60) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BC IRON'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.
BC IRON Backtested Returns
BC IRON retains Efficiency (Sharpe Ratio) of -0.078, which signifies that the company had a -0.078% return per unit of price deviation over the last 3 months. BC IRON exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BC IRON's Information Ratio of (0.05), variance of 11.06, and Market Risk Adjusted Performance of (0.59) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BC IRON's returns are expected to increase less than the market. However, during the bear market, the loss of holding BC IRON is expected to be smaller as well. At this point, BC IRON has a negative expected return of -0.25%. Please make sure to confirm BC IRON's mean deviation, information ratio, potential upside, as well as the relationship between the standard deviation and total risk alpha , to decide if BC IRON performance from the past will be repeated sooner or later.
Auto-correlation | 0.65 |
Good predictability
BC IRON has good predictability. Overlapping area represents the amount of predictability between BC IRON time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 BC IRON price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current BC IRON price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BC IRON lagged returns against current returns
Autocorrelation, which is BC IRON 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 BC IRON's stock expected returns. We can calculate the autocorrelation of BC IRON returns to help us make a trade decision. For example, suppose you find that BC IRON 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 |
BC IRON 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 BC IRON stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BC IRON stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BC IRON stock over time.
Current vs Lagged Prices |
| Timeline |
BC IRON Lagged Returns
When evaluating BC IRON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BC IRON stock have on its future price. BC IRON 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, BC IRON autocorrelation shows the relationship between BC IRON stock current value and its past values and can show if there is a momentum factor associated with investing in BC IRON.
Regressed Prices |
| Timeline |
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Additional Tools for BC3 Stock Analysis
When running BC IRON's price analysis, check to measure BC IRON'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 BC IRON is operating at the current time. Most of BC IRON's value examination focuses on studying past and present price action to predict the probability of BC IRON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BC IRON's price. Additionally, you may evaluate how the addition of BC IRON to your portfolios can decrease your overall portfolio volatility.