Brikor (South Africa) Market Value

BIK Stock   14.00  0.00  0.00%   
Brikor's market value is the price at which a share of Brikor trades on a public exchange. It measures the collective expectations of Brikor investors about its performance. Brikor is trading at 14.00 as of the 2nd of March 2025, a No Change since the beginning of the trading day. The stock's lowest day price was 14.0.
With this module, you can estimate the performance of a buy and hold strategy of Brikor and determine expected loss or profit from investing in Brikor over a given investment horizon. Check out Brikor Correlation, Brikor Volatility and Brikor Alpha and Beta module to complement your research on Brikor.
Symbol

Please note, there is a significant difference between Brikor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brikor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brikor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Brikor '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 Brikor'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 Brikor.
0.00
01/31/2025
No Change 0.00  0.0 
In 31 days
03/02/2025
0.00
If you would invest  0.00  in Brikor on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Brikor or generate 0.0% return on investment in Brikor over 30 days. Brikor is related to or competes with Astoria Investments, Bytes Technology, RCL Foods, and Deneb Investments. More

Brikor 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 Brikor'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 Brikor upside and downside potential and time the market with a certain degree of confidence.

Brikor Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brikor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brikor's standard deviation. In reality, there are many statistical measures that can use Brikor historical prices to predict the future Brikor's volatility.
Hype
Prediction
LowEstimatedHigh
11.8114.0016.19
Details
Intrinsic
Valuation
LowRealHigh
9.9912.1814.37
Details
Naive
Forecast
LowNextHigh
11.8514.0416.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.0014.0014.00
Details

Brikor Backtested Returns

Brikor secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17 % return per unit of risk over the last 3 months. Brikor exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brikor's Mean Deviation of 0.8977, standard deviation of 2.26, and Risk Adjusted Performance of (0.08) 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, returns on owning Brikor are expected to decrease at a much lower rate. During the bear market, Brikor is likely to outperform the market. At this point, Brikor has a negative expected return of -0.38%. Please make sure to confirm Brikor's value at risk, day median price, and the relationship between the jensen alpha and kurtosis , to decide if Brikor performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.00  

No correlation between past and present

Brikor has no correlation between past and present. Overlapping area represents the amount of predictability between Brikor time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Brikor price movement. The serial correlation of 0.0 indicates that just 0.0% of current Brikor price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Brikor lagged returns against current returns

Autocorrelation, which is Brikor 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 Brikor's stock expected returns. We can calculate the autocorrelation of Brikor returns to help us make a trade decision. For example, suppose you find that Brikor 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  

Brikor 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 Brikor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brikor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brikor stock over time.
   Current vs Lagged Prices   
       Timeline  

Brikor Lagged Returns

When evaluating Brikor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brikor stock have on its future price. Brikor 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, Brikor autocorrelation shows the relationship between Brikor stock current value and its past values and can show if there is a momentum factor associated with investing in Brikor.
   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.

Other Information on Investing in Brikor Stock

Brikor financial ratios help investors to determine whether Brikor 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 Brikor with respect to the benefits of owning Brikor security.