Beijing Enterprises Water Stock Market Value
| BJWTF Stock | USD 0.27 0.01 3.57% |
| 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.
| 12/29/2024 |
| 03/29/2025 |
If you would invest 0.00 in Beijing Enterprises on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Enterprises Water or generate 0.0% return on investment in Beijing Enterprises over 90 days. Beijing Enterprises is related to or competes with Essential Utilities, American States, California Water, Consolidated Water, and SJW Group. Beijing Enterprises Water Group Limited, together with its subsidiaries, provides water treatment services 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 Water upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.11 | |||
| Value At Risk | (3.33) |
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 | (0.07) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3997 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Beijing Enterprises' 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.
Beijing Enterprises Water Backtested Returns
Beijing Enterprises Water secures Sharpe Ratio (or Efficiency) of -0.0902, which signifies that the company had a -0.0902 % return per unit of risk over the last 3 months. Beijing Enterprises Water exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Enterprises' Standard Deviation of 2.27, mean deviation of 0.8607, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Beijing Enterprises are expected to decrease at a much lower rate. During the bear market, Beijing Enterprises is likely to outperform the market. At this point, Beijing Enterprises Water has a negative expected return of -0.2%. Please make sure to confirm Beijing Enterprises' total risk alpha, as well as the relationship between the rate of daily change and relative strength index , to decide if Beijing Enterprises Water performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.27 |
Weak reverse predictability
Beijing Enterprises Water has weak reverse predictability. Overlapping area represents the amount of predictability between Beijing Enterprises time series from 29th of December 2024 to 12th of February 2025 and 12th of February 2025 to 29th 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 Beijing Enterprises Water price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Beijing Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Beijing Enterprises Water 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 Water.
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.