Beowulf Mining (Sweden) Market Value
| BEO-SDB Stock | SEK 3.89 0.73 23.10% |
| Symbol | Beowulf |
Beowulf Mining '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 Beowulf Mining'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 Beowulf Mining.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Beowulf Mining on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Beowulf Mining PLC or generate 0.0% return on investment in Beowulf Mining over 30 days. Beowulf Mining is related to or competes with Raketech Group, I Tech, COOR Service, Sdiptech, Bio Works, and Investment. Beowulf Mining plc engages in the acquisition, exploration, and evaluation of natural resources properties. More
Beowulf Mining 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 Beowulf Mining'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 Beowulf Mining PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.33 | |||
| Information Ratio | 0.1786 | |||
| Maximum Drawdown | 24.47 | |||
| Value At Risk | (6.57) | |||
| Potential Upside | 12.5 |
Beowulf Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beowulf Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beowulf Mining's standard deviation. In reality, there are many statistical measures that can use Beowulf Mining historical prices to predict the future Beowulf Mining's volatility.| Risk Adjusted Performance | 0.1387 | |||
| Jensen Alpha | 1.07 | |||
| Total Risk Alpha | 1.27 | |||
| Sortino Ratio | 0.2537 | |||
| Treynor Ratio | (5.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Beowulf Mining'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.
Beowulf Mining PLC Backtested Returns
Beowulf Mining is very risky given 3 months investment horizon. Beowulf Mining PLC secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21 % return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.28% are justified by taking the suggested risk. Use Beowulf Mining Downside Deviation of 4.33, risk adjusted performance of 0.1387, and Mean Deviation of 4.47 to evaluate company specific risk that cannot be diversified away. Beowulf Mining holds a performance score of 16 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Beowulf Mining are expected to decrease at a much lower rate. During the bear market, Beowulf Mining is likely to outperform the market. Use Beowulf Mining total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to analyze future returns on Beowulf Mining.
Auto-correlation | 0.36 |
Below average predictability
Beowulf Mining PLC has below average predictability. Overlapping area represents the amount of predictability between Beowulf Mining time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Beowulf Mining PLC price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Beowulf Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Beowulf Mining PLC lagged returns against current returns
Autocorrelation, which is Beowulf Mining 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 Beowulf Mining's stock expected returns. We can calculate the autocorrelation of Beowulf Mining returns to help us make a trade decision. For example, suppose you find that Beowulf Mining 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 |
Beowulf Mining 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 Beowulf Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beowulf Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beowulf Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Beowulf Mining Lagged Returns
When evaluating Beowulf Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beowulf Mining stock have on its future price. Beowulf Mining 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, Beowulf Mining autocorrelation shows the relationship between Beowulf Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Beowulf Mining PLC.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Beowulf Stock
Beowulf Mining financial ratios help investors to determine whether Beowulf Stock 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 Beowulf with respect to the benefits of owning Beowulf Mining security.