Beryl 8 (Thailand) Market Value
| BE8 Stock | 12.20 0.60 5.17% |
| Symbol | Beryl |
Beryl 8 '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 Beryl 8'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 Beryl 8.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Beryl 8 on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Beryl 8 Plus or generate 0.0% return on investment in Beryl 8 over 30 days.
Beryl 8 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 Beryl 8'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 Beryl 8 Plus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 9.89 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 4.06 |
Beryl 8 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beryl 8's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beryl 8's standard deviation. In reality, there are many statistical measures that can use Beryl 8 historical prices to predict the future Beryl 8's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (1.57) |
Beryl 8 Plus Backtested Returns
Beryl 8 Plus secures Sharpe Ratio (or Efficiency) of -0.31, which signifies that the company had a -0.31% return per unit of risk over the last 3 months. Beryl 8 Plus exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beryl 8's Mean Deviation of 2.23, standard deviation of 2.65, and Risk Adjusted Performance of (0.18) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Beryl 8's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beryl 8 is expected to be smaller as well. At this point, Beryl 8 Plus has a negative expected return of -0.81%. Please make sure to confirm Beryl 8's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Beryl 8 Plus performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.82 |
Excellent reverse predictability
Beryl 8 Plus has excellent reverse predictability. Overlapping area represents the amount of predictability between Beryl 8 time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Beryl 8 Plus price movement. The serial correlation of -0.82 indicates that around 82.0% of current Beryl 8 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
Beryl 8 Plus lagged returns against current returns
Autocorrelation, which is Beryl 8 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 Beryl 8's stock expected returns. We can calculate the autocorrelation of Beryl 8 returns to help us make a trade decision. For example, suppose you find that Beryl 8 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 |
Beryl 8 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 Beryl 8 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beryl 8 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beryl 8 stock over time.
Current vs Lagged Prices |
| Timeline |
Beryl 8 Lagged Returns
When evaluating Beryl 8's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beryl 8 stock have on its future price. Beryl 8 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, Beryl 8 autocorrelation shows the relationship between Beryl 8 stock current value and its past values and can show if there is a momentum factor associated with investing in Beryl 8 Plus.
Regressed Prices |
| Timeline |
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