Best Inc Stock Market Value
| BEST Stock | USD 2.77 0.01 0.36% |
| Symbol | BEST |
Is Air Freight & Logistics 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 BEST. If investors know BEST 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 BEST listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of BEST Inc is measured differently than its book value, which is the value of BEST that is recorded on the company's balance sheet. Investors also form their own opinion of BEST's value that differs from its market value or its book value, called intrinsic value, which is BEST'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 BEST's market value can be influenced by many factors that don't directly affect BEST'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 BEST's value and its price as these two are different measures arrived at by different means. Investors typically determine if BEST is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BEST'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.
BEST '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 BEST'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 BEST.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in BEST on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding BEST Inc or generate 0.0% return on investment in BEST over 30 days. BEST is related to or competes with Heartland Express, Universal Logistics, Marten Transport, Werner Enterprises, Covenant Logistics, Schneider National, and Saia. BEST Inc. operates as a smart supply chain service provider in the Peoples Republic of China More
BEST 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 BEST'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 BEST Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7776 | |||
| Information Ratio | 0.1416 | |||
| Maximum Drawdown | 2.27 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.7634 |
BEST Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BEST's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BEST's standard deviation. In reality, there are many statistical measures that can use BEST historical prices to predict the future BEST's volatility.| Risk Adjusted Performance | 0.105 | |||
| Jensen Alpha | 0.0672 | |||
| Total Risk Alpha | 0.0709 | |||
| Sortino Ratio | 0.0937 | |||
| Treynor Ratio | 0.5038 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BEST'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.
BEST Inc Backtested Returns
Currently, BEST Inc is not too volatile. BEST Inc secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of risk over the last 3 months. We have found thirty technical indicators for BEST Inc, which you can use to evaluate the volatility of the firm. Please confirm BEST's risk adjusted performance of 0.105, and Mean Deviation of 0.3683 to double-check if the risk estimate we provide is consistent with the expected return of 0.0764%. BEST has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BEST's returns are expected to increase less than the market. However, during the bear market, the loss of holding BEST is expected to be smaller as well. BEST Inc now shows a risk of 0.51%. Please confirm BEST Inc expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if BEST Inc will be following its price patterns.
Auto-correlation | -0.53 |
Good reverse predictability
BEST Inc has good reverse predictability. Overlapping area represents the amount of predictability between BEST time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 BEST Inc price movement. The serial correlation of -0.53 indicates that about 53.0% of current BEST price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BEST Inc lagged returns against current returns
Autocorrelation, which is BEST 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 BEST's stock expected returns. We can calculate the autocorrelation of BEST returns to help us make a trade decision. For example, suppose you find that BEST 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 |
BEST 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 BEST stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BEST stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BEST stock over time.
Current vs Lagged Prices |
| Timeline |
BEST Lagged Returns
When evaluating BEST's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BEST stock have on its future price. BEST 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, BEST autocorrelation shows the relationship between BEST stock current value and its past values and can show if there is a momentum factor associated with investing in BEST Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BEST Stock Analysis
When running BEST's price analysis, check to measure BEST's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BEST is operating at the current time. Most of BEST's value examination focuses on studying past and present price action to predict the probability of BEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BEST's price. Additionally, you may evaluate how the addition of BEST to your portfolios can decrease your overall portfolio volatility.