Boohoocom Plc Adr Stock Market Value
| BHOOY Stock | USD 8.21 0.00 0.00% |
| Symbol | BoohooCom |
BoohooCom PLC '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 BoohooCom PLC's pink sheet 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 BoohooCom PLC.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in BoohooCom PLC on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding BoohooCom PLC ADR or generate 0.0% return on investment in BoohooCom PLC over 480 days. BoohooCom PLC is related to or competes with ASOS Plc, Berkeley Group, ZALANDO SE, and Barratt Developments. boohoo group plc, through its subsidiaries, operates as an online clothing retailer in the United Kingdom, rest of Europ... More
BoohooCom PLC 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 BoohooCom PLC's pink sheet 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 BoohooCom PLC ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0777 | |||
| Maximum Drawdown | 7.87 |
BoohooCom PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BoohooCom PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BoohooCom PLC's standard deviation. In reality, there are many statistical measures that can use BoohooCom PLC historical prices to predict the future BoohooCom PLC's volatility.| Risk Adjusted Performance | 0.1308 | |||
| Jensen Alpha | 0.2108 | |||
| Total Risk Alpha | 0.0112 | |||
| Treynor Ratio | 8.48 |
BoohooCom PLC ADR Backtested Returns
BoohooCom PLC appears to be not too volatile, given 3 months investment horizon. BoohooCom PLC ADR secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found seventeen technical indicators for BoohooCom PLC ADR, which you can use to evaluate the volatility of the firm. Please makes use of BoohooCom PLC's Mean Deviation of 0.4339, risk adjusted performance of 0.1308, and Standard Deviation of 1.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BoohooCom PLC holds a performance score of 14. The firm shows a Beta (market volatility) of 0.0252, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BoohooCom PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding BoohooCom PLC is expected to be smaller as well. Please check BoohooCom PLC's variance and rate of daily change , to make a quick decision on whether BoohooCom PLC's price patterns will revert.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
BoohooCom PLC ADR has almost perfect reverse predictability. Overlapping area represents the amount of predictability between BoohooCom PLC time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BoohooCom PLC ADR price movement. The serial correlation of -0.77 indicates that around 77.0% of current BoohooCom PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
BoohooCom PLC ADR lagged returns against current returns
Autocorrelation, which is BoohooCom PLC pink sheet'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 BoohooCom PLC's pink sheet expected returns. We can calculate the autocorrelation of BoohooCom PLC returns to help us make a trade decision. For example, suppose you find that BoohooCom PLC has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
BoohooCom PLC 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 BoohooCom PLC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BoohooCom PLC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BoohooCom PLC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BoohooCom PLC Lagged Returns
When evaluating BoohooCom PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BoohooCom PLC pink sheet have on its future price. BoohooCom PLC 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, BoohooCom PLC autocorrelation shows the relationship between BoohooCom PLC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BoohooCom PLC ADR.
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 BoohooCom Pink Sheet Analysis
When running BoohooCom PLC's price analysis, check to measure BoohooCom PLC'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 BoohooCom PLC is operating at the current time. Most of BoohooCom PLC's value examination focuses on studying past and present price action to predict the probability of BoohooCom PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BoohooCom PLC's price. Additionally, you may evaluate how the addition of BoohooCom PLC to your portfolios can decrease your overall portfolio volatility.