Bisichi Mining (UK) Market Value
| BISI Stock | 90.50 3.00 3.43% |
| Symbol | Bisichi |
Bisichi Mining '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 Bisichi Mining'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 Bisichi Mining.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Bisichi Mining on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bisichi Mining PLC or generate 0.0% return on investment in Bisichi Mining over 90 days. Bisichi Mining is related to or competes with Live Nation, United Internet, Liberty Media, Catena Media, Charter Communications, Flutter Entertainment, and XLMedia PLC. Bisichi Mining is entity of United Kingdom More
Bisichi Mining 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 Bisichi Mining'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 Bisichi Mining PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.27 | |||
| Value At Risk | (2.33) |
Bisichi Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bisichi Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bisichi Mining's standard deviation. In reality, there are many statistical measures that can use Bisichi Mining historical prices to predict the future Bisichi Mining's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.73) |
Bisichi Mining PLC Backtested Returns
Bisichi Mining PLC secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21 % return per unit of risk over the last 3 months. Bisichi Mining PLC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bisichi Mining's Mean Deviation of 0.6675, risk adjusted performance of (0.18), and Standard Deviation of 1.5 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bisichi Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bisichi Mining is expected to be smaller as well. At this point, Bisichi Mining PLC has a negative expected return of -0.32%. Please make sure to confirm Bisichi Mining's total risk alpha, maximum drawdown, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Bisichi Mining PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Bisichi Mining PLC has good predictability. Overlapping area represents the amount of predictability between Bisichi Mining 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 Bisichi Mining PLC price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Bisichi Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 38.9 |
Bisichi Mining PLC lagged returns against current returns
Autocorrelation, which is Bisichi Mining 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 Bisichi Mining's stock expected returns. We can calculate the autocorrelation of Bisichi Mining returns to help us make a trade decision. For example, suppose you find that Bisichi Mining 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 |
Bisichi Mining 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 Bisichi Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bisichi Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bisichi Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Bisichi Mining Lagged Returns
When evaluating Bisichi Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bisichi Mining stock have on its future price. Bisichi Mining 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, Bisichi Mining autocorrelation shows the relationship between Bisichi Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Bisichi Mining PLC.
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 Bisichi Stock Analysis
When running Bisichi Mining's price analysis, check to measure Bisichi Mining'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 Bisichi Mining is operating at the current time. Most of Bisichi Mining's value examination focuses on studying past and present price action to predict the probability of Bisichi Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bisichi Mining's price. Additionally, you may evaluate how the addition of Bisichi Mining to your portfolios can decrease your overall portfolio volatility.