Betolar Oyj (Finland) Market Value
| BETOLAR Stock | 0.62 0.03 4.62% |
| Symbol | Betolar |
Betolar Oyj '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 Betolar Oyj'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 Betolar Oyj.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in Betolar Oyj on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Betolar Oyj or generate 0.0% return on investment in Betolar Oyj over 30 days.
Betolar Oyj 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 Betolar Oyj'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 Betolar Oyj upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 14.34 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 8.11 |
Betolar Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Betolar Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Betolar Oyj's standard deviation. In reality, there are many statistical measures that can use Betolar Oyj historical prices to predict the future Betolar Oyj's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (3.05) |
Betolar Oyj Backtested Returns
Betolar Oyj secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19 % return per unit of risk over the last 3 months. Betolar Oyj exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Betolar Oyj's Mean Deviation of 2.68, standard deviation of 3.55, and Risk Adjusted Performance of (0.15) 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, Betolar Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Betolar Oyj is expected to be smaller as well. At this point, Betolar Oyj has a negative expected return of -0.68%. Please make sure to confirm Betolar Oyj's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Betolar Oyj performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Betolar Oyj has good predictability. Overlapping area represents the amount of predictability between Betolar Oyj time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th of January 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 Betolar Oyj price movement. The serial correlation of 0.68 indicates that around 68.0% of current Betolar Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Betolar Oyj lagged returns against current returns
Autocorrelation, which is Betolar Oyj 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 Betolar Oyj's stock expected returns. We can calculate the autocorrelation of Betolar Oyj returns to help us make a trade decision. For example, suppose you find that Betolar Oyj 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 |
Betolar Oyj 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 Betolar Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Betolar Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Betolar Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Betolar Oyj Lagged Returns
When evaluating Betolar Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Betolar Oyj stock have on its future price. Betolar Oyj 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, Betolar Oyj autocorrelation shows the relationship between Betolar Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Betolar Oyj.
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.Additional Tools for Betolar Stock Analysis
When running Betolar Oyj's price analysis, check to measure Betolar Oyj'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 Betolar Oyj is operating at the current time. Most of Betolar Oyj's value examination focuses on studying past and present price action to predict the probability of Betolar Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Betolar Oyj's price. Additionally, you may evaluate how the addition of Betolar Oyj to your portfolios can decrease your overall portfolio volatility.