Beam Global Stock Market Value
| BEEM Stock | USD 2.21 0.07 3.27% |
| Symbol | Beam |
Beam Global Price To Book Ratio
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Beam Global. If investors know Beam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Beam Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Revenue Per Share | Quarterly Revenue Growth (0.30) | Return On Assets | Return On Equity |
The market value of Beam Global is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Global's value that differs from its market value or its book value, called intrinsic value, which is Beam Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Beam Global's market value can be influenced by many factors that don't directly affect Beam Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Beam Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Beam Global '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 Beam Global'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 Beam Global.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Beam Global on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Beam Global or generate 0.0% return on investment in Beam Global over 90 days. Beam Global is related to or competes with Sunrun, Emeren, Sunnova Energy, Maxeon Solar, Canadian Solar, First Solar, and JinkoSolar Holding. Beam Global, a cleantech company, designs, develops, engineers, manufactures, and sells renewably energized products for... More
Beam Global 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 Beam Global'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 Beam Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 29.94 | |||
| Value At Risk | (7.62) | |||
| Potential Upside | 7.07 |
Beam Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beam Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beam Global's standard deviation. In reality, there are many statistical measures that can use Beam Global historical prices to predict the future Beam Global's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | 0.4026 | |||
| Treynor Ratio | (2.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Beam Global'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.
Beam Global Backtested Returns
Beam Global secures Sharpe Ratio (or Efficiency) of -0.055, which signifies that the company had a -0.055 % return per unit of standard deviation over the last 3 months. Beam Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beam Global's mean deviation of 3.86, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Beam Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beam Global is expected to be smaller as well. At this point, Beam Global has a negative expected return of -0.28%. Please make sure to confirm Beam Global's treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if Beam Global performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Beam Global has average predictability. Overlapping area represents the amount of predictability between Beam Global time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Beam Global price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Beam Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Beam Global lagged returns against current returns
Autocorrelation, which is Beam Global 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 Beam Global's stock expected returns. We can calculate the autocorrelation of Beam Global returns to help us make a trade decision. For example, suppose you find that Beam Global 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 |
Beam Global 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 Beam Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beam Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beam Global stock over time.
Current vs Lagged Prices |
| Timeline |
Beam Global Lagged Returns
When evaluating Beam Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beam Global stock have on its future price. Beam Global 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, Beam Global autocorrelation shows the relationship between Beam Global stock current value and its past values and can show if there is a momentum factor associated with investing in Beam Global.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Beam Global Correlation, Beam Global Volatility and Beam Global Alpha and Beta module to complement your research on Beam Global. To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Beam Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.