Beijing Enterprises Holdings Stock Market Value
| BJINF Stock | USD 3.50 0.21 6.38% |
| Symbol | Beijing |
Beijing Enterprises '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 Beijing Enterprises' 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 Beijing Enterprises.
| 10/19/2024 |
| 12/18/2024 |
If you would invest 0.00 in Beijing Enterprises on October 19, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Enterprises Holdings or generate 0.0% return on investment in Beijing Enterprises over 60 days. Beijing Enterprises is related to or competes with Arca Continental, Becle SA, Morningstar Unconstrained, Thrivent High, High Yield, Via Renewables, and T Rowe. Beijing Enterprises Holdings Limited, an investment holding company, engages in piped gas, brewery, water and environmen... More
Beijing Enterprises 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 Beijing Enterprises' 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 Beijing Enterprises Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0514 | |||
| Maximum Drawdown | 44.86 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 6.38 |
Beijing Enterprises Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Enterprises' standard deviation. In reality, there are many statistical measures that can use Beijing Enterprises historical prices to predict the future Beijing Enterprises' volatility.| Risk Adjusted Performance | 0.0566 | |||
| Jensen Alpha | 0.2548 | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.5351 |
Beijing Enterprises Backtested Returns
Beijing Enterprises appears to be risky, given 3 months investment horizon. Beijing Enterprises secures Sharpe Ratio (or Efficiency) of 0.0493, which signifies that the company had a 0.0493% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Beijing Enterprises Holdings, which you can use to evaluate the volatility of the firm. Please makes use of Beijing Enterprises' Mean Deviation of 1.54, risk adjusted performance of 0.0566, and Standard Deviation of 4.44 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijing Enterprises holds a performance score of 3. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Beijing Enterprises' returns are expected to increase less than the market. However, during the bear market, the loss of holding Beijing Enterprises is expected to be smaller as well. Please check Beijing Enterprises' jensen alpha, as well as the relationship between the skewness and day median price , to make a quick decision on whether Beijing Enterprises' price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Beijing Enterprises Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Beijing Enterprises time series from 19th of October 2024 to 18th of November 2024 and 18th of November 2024 to 18th 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 Beijing Enterprises price movement. The serial correlation of 0.0 indicates that just 0.0% of current Beijing Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Beijing Enterprises lagged returns against current returns
Autocorrelation, which is Beijing Enterprises 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 Beijing Enterprises' pink sheet expected returns. We can calculate the autocorrelation of Beijing Enterprises returns to help us make a trade decision. For example, suppose you find that Beijing Enterprises 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 |
Beijing Enterprises 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 Beijing Enterprises pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Enterprises pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Enterprises pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Beijing Enterprises Lagged Returns
When evaluating Beijing Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Enterprises pink sheet have on its future price. Beijing Enterprises 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, Beijing Enterprises autocorrelation shows the relationship between Beijing Enterprises pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Beijing Enterprises Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Pink Sheet
Beijing Enterprises financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Enterprises security.