BMEB4F (Brazil) Market Value
| BMEB4F Stock | BRL 38.60 1.42 3.82% |
| Symbol | BMEB4F |
Please note, there is a significant difference between BMEB4F's value and its price as these two are different measures arrived at by different means. Investors typically determine if BMEB4F is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BMEB4F's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BMEB4F '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 BMEB4F'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 BMEB4F.
| 11/26/2023 |
| 01/19/2025 |
If you would invest 0.00 in BMEB4F on November 26, 2023 and sell it all today you would earn a total of 0.00 from holding BMEB4F or generate 0.0% return on investment in BMEB4F over 420 days. BMEB4F is related to or competes with CVS Health, UnitedHealth Group, and Zoom Video. More
BMEB4F 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 BMEB4F'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 BMEB4F upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.4 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 4.19 |
BMEB4F Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMEB4F's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BMEB4F's standard deviation. In reality, there are many statistical measures that can use BMEB4F historical prices to predict the future BMEB4F's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.22) |
BMEB4F Backtested Returns
BMEB4F secures Sharpe Ratio (or Efficiency) of -0.0053, which signifies that the company had a -0.0053% return per unit of risk over the last 3 months. BMEB4F exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BMEB4F's Risk Adjusted Performance of (0.01), mean deviation of 1.65, and Standard Deviation of 2.19 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BMEB4F's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMEB4F is expected to be smaller as well. At this point, BMEB4F has a negative expected return of -0.0129%. Please make sure to confirm BMEB4F's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if BMEB4F performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
BMEB4F has no correlation between past and present. Overlapping area represents the amount of predictability between BMEB4F time series from 26th of November 2023 to 23rd of June 2024 and 23rd of June 2024 to 19th of January 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 BMEB4F price movement. The serial correlation of 0.0 indicates that just 0.0% of current BMEB4F price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BMEB4F lagged returns against current returns
Autocorrelation, which is BMEB4F 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 BMEB4F's stock expected returns. We can calculate the autocorrelation of BMEB4F returns to help us make a trade decision. For example, suppose you find that BMEB4F 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 |
BMEB4F 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 BMEB4F stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BMEB4F stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BMEB4F stock over time.
Current vs Lagged Prices |
| Timeline |
BMEB4F Lagged Returns
When evaluating BMEB4F's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BMEB4F stock have on its future price. BMEB4F 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, BMEB4F autocorrelation shows the relationship between BMEB4F stock current value and its past values and can show if there is a momentum factor associated with investing in BMEB4F.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in BMEB4F Stock
BMEB4F financial ratios help investors to determine whether BMEB4F 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 BMEB4F with respect to the benefits of owning BMEB4F security.