Bright Kindle (Philippines) Market Value
| BKR Stock | 1.00 0.15 13.04% |
| Symbol | Bright |
Bright Kindle '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 Bright Kindle'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 Bright Kindle.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Bright Kindle on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bright Kindle Resources or generate 0.0% return on investment in Bright Kindle over 90 days. Bright Kindle is related to or competes with Semirara Mining, Concepcion Industrial, Apex Mining, Philex Mining, and Top Frontier. More
Bright Kindle 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 Bright Kindle'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 Bright Kindle Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.92 | |||
| Information Ratio | 0.1299 | |||
| Maximum Drawdown | 31.43 | |||
| Value At Risk | (8.55) | |||
| Potential Upside | 17.02 |
Bright Kindle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bright Kindle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bright Kindle's standard deviation. In reality, there are many statistical measures that can use Bright Kindle historical prices to predict the future Bright Kindle's volatility.| Risk Adjusted Performance | 0.1096 | |||
| Jensen Alpha | 0.7958 | |||
| Total Risk Alpha | 1.69 | |||
| Sortino Ratio | 0.1862 | |||
| Treynor Ratio | (7.79) |
Bright Kindle Resources Backtested Returns
Bright Kindle appears to be abnormally volatile, given 3 months investment horizon. Bright Kindle Resources secures Sharpe Ratio (or Efficiency) of 0.0774, which signifies that the company had a 0.0774 % return per unit of risk over the last 3 months. By analyzing Bright Kindle's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Bright Kindle's Risk Adjusted Performance of 0.1096, downside deviation of 4.92, and Mean Deviation of 5.03 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bright Kindle holds a performance score of 6. The firm shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bright Kindle are expected to decrease at a much lower rate. During the bear market, Bright Kindle is likely to outperform the market. Please check Bright Kindle's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Bright Kindle's price patterns will revert.
Auto-correlation | -0.6 |
Good reverse predictability
Bright Kindle Resources has good reverse predictability. Overlapping area represents the amount of predictability between Bright Kindle 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 Bright Kindle Resources price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Bright Kindle price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bright Kindle Resources lagged returns against current returns
Autocorrelation, which is Bright Kindle 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 Bright Kindle's stock expected returns. We can calculate the autocorrelation of Bright Kindle returns to help us make a trade decision. For example, suppose you find that Bright Kindle 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 |
Bright Kindle 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 Bright Kindle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bright Kindle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bright Kindle stock over time.
Current vs Lagged Prices |
| Timeline |
Bright Kindle Lagged Returns
When evaluating Bright Kindle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bright Kindle stock have on its future price. Bright Kindle 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, Bright Kindle autocorrelation shows the relationship between Bright Kindle stock current value and its past values and can show if there is a momentum factor associated with investing in Bright Kindle Resources.
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 Bright Stock
Bright Kindle financial ratios help investors to determine whether Bright 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 Bright with respect to the benefits of owning Bright Kindle security.