BH Macro (UK) Market Value
| BHMU Stock | 3.83 0.02 0.52% |
| Symbol | BHMU |
BH Macro '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 BH Macro'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 BH Macro.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in BH Macro on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding BH Macro Limited or generate 0.0% return on investment in BH Macro over 90 days. BH Macro is related to or competes with Bellevue Healthcare, Livermore Investments, Aberdeen Diversified, Seraphim Space, New Residential, Ruffer Investment, and Games Workshop. More
BH Macro 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 BH Macro'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 BH Macro Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 8.54 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.51 |
BH Macro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BH Macro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BH Macro's standard deviation. In reality, there are many statistical measures that can use BH Macro historical prices to predict the future BH Macro's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | 0.0259 | |||
| Treynor Ratio | 1.81 |
BH Macro Limited Backtested Returns
BH Macro Limited retains Efficiency (Sharpe Ratio) of -0.0934, which signifies that the company had a -0.0934 % return per unit of price deviation over the last 3 months. BH Macro exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BH Macro's Variance of 1.28, information ratio of (0.01), and Market Risk Adjusted Performance of 1.82 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.0639, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BH Macro are expected to decrease at a much lower rate. During the bear market, BH Macro is likely to outperform the market. At this point, BH Macro Limited has a negative expected return of -0.11%. Please make sure to confirm BH Macro's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if BH Macro Limited performance from the past will be repeated sooner or later.
Auto-correlation | -0.1 |
Very weak reverse predictability
BH Macro Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between BH Macro time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 BH Macro Limited price movement. The serial correlation of -0.1 indicates that less than 10.0% of current BH Macro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BH Macro Limited lagged returns against current returns
Autocorrelation, which is BH Macro 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 BH Macro's stock expected returns. We can calculate the autocorrelation of BH Macro returns to help us make a trade decision. For example, suppose you find that BH Macro 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 |
BH Macro 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 BH Macro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BH Macro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BH Macro stock over time.
Current vs Lagged Prices |
| Timeline |
BH Macro Lagged Returns
When evaluating BH Macro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BH Macro stock have on its future price. BH Macro 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, BH Macro autocorrelation shows the relationship between BH Macro stock current value and its past values and can show if there is a momentum factor associated with investing in BH Macro Limited.
Regressed Prices |
| Timeline |
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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 BHMU Stock Analysis
When running BH Macro's price analysis, check to measure BH Macro'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 BH Macro is operating at the current time. Most of BH Macro's value examination focuses on studying past and present price action to predict the probability of BH Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BH Macro's price. Additionally, you may evaluate how the addition of BH Macro to your portfolios can decrease your overall portfolio volatility.