Bannerman Resources (Australia) Market Value
| BMN Stock | 2.23 0.14 5.91% |
| Symbol | Bannerman |
Bannerman Resources '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 Bannerman Resources' 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 Bannerman Resources.
| 01/04/2025 |
| 03/05/2025 |
If you would invest 0.00 in Bannerman Resources on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Bannerman Resources or generate 0.0% return on investment in Bannerman Resources over 60 days. Bannerman Resources is related to or competes with Home Consortium, Charter Hall, Super Retail, Cleanaway Waste, and Homeco Daily. Bannerman Resources is entity of Australia More
Bannerman Resources 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 Bannerman Resources' 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 Bannerman Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 34.9 | |||
| Value At Risk | (5.91) | |||
| Potential Upside | 9.43 |
Bannerman Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bannerman Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bannerman Resources' standard deviation. In reality, there are many statistical measures that can use Bannerman Resources historical prices to predict the future Bannerman Resources' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | 0.3299 | |||
| Treynor Ratio | 1.34 |
Bannerman Resources Backtested Returns
Bannerman Resources secures Sharpe Ratio (or Efficiency) of -0.0428, which signifies that the company had a -0.0428 % return per unit of risk over the last 3 months. Bannerman Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bannerman Resources' Standard Deviation of 4.67, risk adjusted performance of (0.02), and Mean Deviation of 3.13 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bannerman Resources are expected to decrease at a much lower rate. During the bear market, Bannerman Resources is likely to outperform the market. At this point, Bannerman Resources has a negative expected return of -0.21%. Please make sure to confirm Bannerman Resources' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Bannerman Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Bannerman Resources has modest predictability. Overlapping area represents the amount of predictability between Bannerman Resources time series from 4th of January 2025 to 3rd of February 2025 and 3rd of February 2025 to 5th 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 Bannerman Resources price movement. The serial correlation of 0.52 indicates that about 52.0% of current Bannerman Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Bannerman Resources lagged returns against current returns
Autocorrelation, which is Bannerman Resources 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 Bannerman Resources' stock expected returns. We can calculate the autocorrelation of Bannerman Resources returns to help us make a trade decision. For example, suppose you find that Bannerman Resources 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 |
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Bannerman Resources 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 Bannerman Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bannerman Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bannerman Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Bannerman Resources Lagged Returns
When evaluating Bannerman Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bannerman Resources stock have on its future price. Bannerman Resources 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, Bannerman Resources autocorrelation shows the relationship between Bannerman Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Bannerman Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bannerman Stock Analysis
When running Bannerman Resources' price analysis, check to measure Bannerman Resources' 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 Bannerman Resources is operating at the current time. Most of Bannerman Resources' value examination focuses on studying past and present price action to predict the probability of Bannerman Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannerman Resources' price. Additionally, you may evaluate how the addition of Bannerman Resources to your portfolios can decrease your overall portfolio volatility.