Bfly Wt Stock Market Value
| BFLY-WT Stock | 0.30 0.07 30.43% |
| Symbol | BFLY |
BFLY WT Price To Book Ratio
BFLY WT '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 BFLY WT'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 BFLY WT.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in BFLY WT on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding BFLY WT or generate 0.0% return on investment in BFLY WT over 30 days. BFLY WT is related to or competes with Legacy Education, Apple, NVIDIA, Microsoft, Alphabet, Amazon, and Bristol Myers. BFLY WT is entity of United States. It is traded as Stock on US exchange. More
BFLY WT 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 BFLY WT'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 BFLY WT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.45 | |||
| Information Ratio | 0.2308 | |||
| Maximum Drawdown | 38.1 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 21.43 |
BFLY WT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BFLY WT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BFLY WT's standard deviation. In reality, there are many statistical measures that can use BFLY WT historical prices to predict the future BFLY WT's volatility.| Risk Adjusted Performance | 0.2068 | |||
| Jensen Alpha | 2.53 | |||
| Total Risk Alpha | 2.25 | |||
| Sortino Ratio | 0.3047 | |||
| Treynor Ratio | 1.0 |
BFLY WT Backtested Returns
BFLY WT is out of control given 3 months investment horizon. BFLY WT secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23 % return per unit of return volatility over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.52% are justified by taking the suggested risk. Use BFLY WT Mean Deviation of 9.03, risk adjusted performance of 0.2068, and Semi Deviation of 6.47 to evaluate company specific risk that cannot be diversified away. BFLY WT holds a performance score of 18 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.59, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BFLY WT will likely underperform. Use BFLY WT jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to analyze future returns on BFLY WT.
Auto-correlation | 0.78 |
Good predictability
BFLY WT has good predictability. Overlapping area represents the amount of predictability between BFLY WT time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 BFLY WT price movement. The serial correlation of 0.78 indicates that around 78.0% of current BFLY WT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BFLY WT lagged returns against current returns
Autocorrelation, which is BFLY WT 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 BFLY WT's stock expected returns. We can calculate the autocorrelation of BFLY WT returns to help us make a trade decision. For example, suppose you find that BFLY WT 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 |
BFLY WT 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 BFLY WT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BFLY WT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BFLY WT stock over time.
Current vs Lagged Prices |
| Timeline |
BFLY WT Lagged Returns
When evaluating BFLY WT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BFLY WT stock have on its future price. BFLY WT 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, BFLY WT autocorrelation shows the relationship between BFLY WT stock current value and its past values and can show if there is a momentum factor associated with investing in BFLY WT.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BFLY Stock Analysis
When running BFLY WT's price analysis, check to measure BFLY WT'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 BFLY WT is operating at the current time. Most of BFLY WT's value examination focuses on studying past and present price action to predict the probability of BFLY WT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BFLY WT's price. Additionally, you may evaluate how the addition of BFLY WT to your portfolios can decrease your overall portfolio volatility.