BigBen Interactive (France) Market Value
| BIG Stock | EUR 1.48 0.07 4.52% |
| Symbol | BigBen |
BigBen Interactive '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 BigBen Interactive'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 BigBen Interactive.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in BigBen Interactive on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding BigBen Interactive or generate 0.0% return on investment in BigBen Interactive over 30 days. BigBen Interactive is related to or competes with Nacon Sa, Chargeurs, Claranova, and Trigano SA. BigBen Interactive designs, manufactures, and distributes accessories for video game consoles, and smartphones and table... More
BigBen Interactive 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 BigBen Interactive'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 BigBen Interactive upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 13.02 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 2.04 |
BigBen Interactive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BigBen Interactive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BigBen Interactive's standard deviation. In reality, there are many statistical measures that can use BigBen Interactive historical prices to predict the future BigBen Interactive's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | 3.0 |
BigBen Interactive Backtested Returns
BigBen Interactive secures Sharpe Ratio (or Efficiency) of -0.27, which signifies that the company had a -0.27% return per unit of standard deviation over the last 3 months. BigBen Interactive exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BigBen Interactive's risk adjusted performance of (0.22), and Mean Deviation of 1.46 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BigBen Interactive are expected to decrease at a much lower rate. During the bear market, BigBen Interactive is likely to outperform the market. At this point, BigBen Interactive has a negative expected return of -0.55%. Please make sure to confirm BigBen Interactive's information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if BigBen Interactive performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.84 |
Very good predictability
BigBen Interactive has very good predictability. Overlapping area represents the amount of predictability between BigBen Interactive time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 BigBen Interactive price movement. The serial correlation of 0.84 indicates that around 84.0% of current BigBen Interactive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BigBen Interactive lagged returns against current returns
Autocorrelation, which is BigBen Interactive 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 BigBen Interactive's stock expected returns. We can calculate the autocorrelation of BigBen Interactive returns to help us make a trade decision. For example, suppose you find that BigBen Interactive 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 |
BigBen Interactive 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 BigBen Interactive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BigBen Interactive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BigBen Interactive stock over time.
Current vs Lagged Prices |
| Timeline |
BigBen Interactive Lagged Returns
When evaluating BigBen Interactive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BigBen Interactive stock have on its future price. BigBen Interactive 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, BigBen Interactive autocorrelation shows the relationship between BigBen Interactive stock current value and its past values and can show if there is a momentum factor associated with investing in BigBen Interactive.
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.Other Information on Investing in BigBen Stock
BigBen Interactive financial ratios help investors to determine whether BigBen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BigBen with respect to the benefits of owning BigBen Interactive security.