Bc Technology Group Stock Market Value
| BCTCF Stock | USD 1.07 0.00 0.00% |
| Symbol | BCTCF |
BC Technology '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 Technology's pink sheet 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 Technology.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in BC Technology on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding BC Technology Group or generate 0.0% return on investment in BC Technology over 30 days. BC Technology is related to or competes with HeartCore Enterprises, Beamr Imaging, AMTD Digital, CXApp, and SoundHound. BC Technology Group Limited, an investment holding company, provides marketing communications and technology solutions i... More
BC Technology 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 Technology's pink sheet 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 Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1044 | |||
| Maximum Drawdown | 70.52 |
BC Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BC Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BC Technology's standard deviation. In reality, there are many statistical measures that can use BC Technology historical prices to predict the future BC Technology's volatility.| Risk Adjusted Performance | 0.0959 | |||
| Jensen Alpha | 0.9091 | |||
| Total Risk Alpha | 0.7598 | |||
| Treynor Ratio | (0.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BC Technology'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 Technology Group Backtested Returns
BC Technology is abnormally volatile given 3 months investment horizon. BC Technology Group retains Efficiency (Sharpe Ratio) of 0.14, which signifies that the company had a 0.14% return per unit of price deviation over the last 3 months. We were able to break down sixteen different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use BC Technology Group Variance of 70.28, market risk adjusted performance of (0.49), and Information Ratio of 0.1044 to evaluate company specific risk that cannot be diversified away. BC Technology holds a performance score of 10 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -1.77, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BC Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, BC Technology is expected to outperform it. Use BC Technology Group skewness, day median price, as well as the relationship between the information ratio and coefficient of variation , to analyze future returns on BC Technology Group.
Auto-correlation | 0.00 |
No correlation between past and present
BC Technology Group has no correlation between past and present. Overlapping area represents the amount of predictability between BC Technology time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 Technology Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current BC Technology 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 |
BC Technology Group lagged returns against current returns
Autocorrelation, which is BC Technology pink sheet'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 Technology's pink sheet expected returns. We can calculate the autocorrelation of BC Technology returns to help us make a trade decision. For example, suppose you find that BC Technology has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Technology 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 Technology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BC Technology pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BC Technology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BC Technology Lagged Returns
When evaluating BC Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BC Technology pink sheet have on its future price. BC Technology 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 Technology autocorrelation shows the relationship between BC Technology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BC Technology Group.
Regressed Prices |
| Timeline |
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Other Information on Investing in BCTCF Pink Sheet
BC Technology financial ratios help investors to determine whether BCTCF Pink Sheet 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 BCTCF with respect to the benefits of owning BC Technology security.