Birchcliff Energy Stock Market Value
| BIREF Stock | USD 3.78 0.08 2.16% |
| Symbol | Birchcliff |
Birchcliff Energy '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 Birchcliff Energy'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 Birchcliff Energy.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Birchcliff Energy on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Birchcliff Energy or generate 0.0% return on investment in Birchcliff Energy over 180 days. Birchcliff Energy is related to or competes with Tamarack Valley, Peyto ExplorationDevel, Gear Energy, Spartan Delta, Canacol Energy, Athabasca Oil, and Headwater Exploration. Birchcliff Energy Ltd., an intermediate oil and natural gas company, acquires, explores for, develops, and produces natu... More
Birchcliff Energy 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 Birchcliff Energy'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 Birchcliff Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.55 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 3.52 |
Birchcliff Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Birchcliff Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Birchcliff Energy's standard deviation. In reality, there are many statistical measures that can use Birchcliff Energy historical prices to predict the future Birchcliff Energy's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Birchcliff Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Birchcliff Energy Backtested Returns
Birchcliff Energy secures Sharpe Ratio (or Efficiency) of -0.0561, which signifies that the company had a -0.0561% return per unit of risk over the last 3 months. Birchcliff Energy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Birchcliff Energy's Standard Deviation of 2.1, mean deviation of 1.61, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Birchcliff Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Birchcliff Energy is expected to be smaller as well. At this point, Birchcliff Energy has a negative expected return of -0.12%. Please make sure to confirm Birchcliff Energy's kurtosis, and the relationship between the treynor ratio and day median price , to decide if Birchcliff Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Birchcliff Energy has below average predictability. Overlapping area represents the amount of predictability between Birchcliff Energy time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Birchcliff Energy price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Birchcliff Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Birchcliff Energy lagged returns against current returns
Autocorrelation, which is Birchcliff Energy 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 Birchcliff Energy's pink sheet expected returns. We can calculate the autocorrelation of Birchcliff Energy returns to help us make a trade decision. For example, suppose you find that Birchcliff Energy 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 |
Birchcliff Energy 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 Birchcliff Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Birchcliff Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Birchcliff Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Birchcliff Energy Lagged Returns
When evaluating Birchcliff Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Birchcliff Energy pink sheet have on its future price. Birchcliff Energy 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, Birchcliff Energy autocorrelation shows the relationship between Birchcliff Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Birchcliff Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Birchcliff Pink Sheet
Birchcliff Energy financial ratios help investors to determine whether Birchcliff Pink Sheet 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 Birchcliff with respect to the benefits of owning Birchcliff Energy security.