Business Development Corp Stock Market Value
| BDVC Stock | USD 10.01 0.00 0.00% |
| Symbol | Business |
Business Development '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 Business Development'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 Business Development.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in Business Development on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Business Development Corp or generate 0.0% return on investment in Business Development over 180 days. Business Development is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, and Allegiant Travel. More
Business Development 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 Business Development'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 Business Development Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.57 |
Business Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Business Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Business Development's standard deviation. In reality, there are many statistical measures that can use Business Development historical prices to predict the future Business Development's volatility.| Risk Adjusted Performance | 0.0388 | |||
| Jensen Alpha | 0.0271 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.3108 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Business Development'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.
Business Development Corp Backtested Returns
At this point, Business Development is very steady. Business Development Corp secures Sharpe Ratio (or Efficiency) of 0.0529, which signifies that the company had a 0.0529% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Business Development Corp, which you can use to evaluate the volatility of the firm. Please confirm Business Development's Risk Adjusted Performance of 0.0388, standard deviation of 0.8379, and Mean Deviation of 0.2342 to double-check if the risk estimate we provide is consistent with the expected return of 0.0453%. Business Development has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Business Development's returns are expected to increase less than the market. However, during the bear market, the loss of holding Business Development is expected to be smaller as well. Business Development Corp right now shows a risk of 0.86%. Please confirm Business Development Corp information ratio, skewness, as well as the relationship between the Skewness and day median price , to decide if Business Development Corp will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
Business Development Corp has very weak predictability. Overlapping area represents the amount of predictability between Business Development time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th 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 Business Development Corp price movement. The serial correlation of 0.18 indicates that over 18.0% of current Business Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Business Development Corp lagged returns against current returns
Autocorrelation, which is Business Development 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 Business Development's pink sheet expected returns. We can calculate the autocorrelation of Business Development returns to help us make a trade decision. For example, suppose you find that Business Development 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 |
Business Development 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 Business Development pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Business Development pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Business Development pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Business Development Lagged Returns
When evaluating Business Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Business Development pink sheet have on its future price. Business Development 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, Business Development autocorrelation shows the relationship between Business Development pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Business Development Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Business Pink Sheet
Business Development financial ratios help investors to determine whether Business 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 Business with respect to the benefits of owning Business Development security.