Bannix Acquisition Corp Stock Market Value
| BNIXR Stock | USD 0.12 0.00 0.00% |
| Symbol | Bannix |
Bannix Acquisition Corp Price To Book Ratio
Is Multi-Sector Holdings space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bannix Acquisition. If investors know Bannix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bannix Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bannix Acquisition Corp is measured differently than its book value, which is the value of Bannix that is recorded on the company's balance sheet. Investors also form their own opinion of Bannix Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Bannix Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bannix Acquisition's market value can be influenced by many factors that don't directly affect Bannix Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bannix Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bannix Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bannix Acquisition'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.
Bannix Acquisition '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 Bannix Acquisition'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 Bannix Acquisition.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Bannix Acquisition on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Bannix Acquisition Corp or generate 0.0% return on investment in Bannix Acquisition over 30 days. Bannix Acquisition is related to or competes with Bannix Acquisition. Bannix Acquisition is entity of United States More
Bannix Acquisition 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 Bannix Acquisition'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 Bannix Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.02 | |||
| Information Ratio | 0.0412 | |||
| Maximum Drawdown | 64.68 | |||
| Value At Risk | (19.10) | |||
| Potential Upside | 21.21 |
Bannix Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bannix Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bannix Acquisition's standard deviation. In reality, there are many statistical measures that can use Bannix Acquisition historical prices to predict the future Bannix Acquisition's volatility.| Risk Adjusted Performance | 0.0475 | |||
| Jensen Alpha | 0.4992 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | 0.2556 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bannix Acquisition's 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.
Bannix Acquisition Corp Backtested Returns
Bannix Acquisition appears to be out of control, given 3 months investment horizon. Bannix Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.0794, which signifies that the company had a 0.0794 % return per unit of risk over the last 3 months. By analyzing Bannix Acquisition's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please makes use of Bannix Acquisition's Downside Deviation of 17.02, risk adjusted performance of 0.0475, and Mean Deviation of 8.54 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bannix Acquisition holds a performance score of 6. The firm shows a Beta (market volatility) of 2.29, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bannix Acquisition will likely underperform. Please check Bannix Acquisition's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness , to make a quick decision on whether Bannix Acquisition's price patterns will revert.
Auto-correlation | -0.21 |
Weak reverse predictability
Bannix Acquisition Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Bannix Acquisition time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th 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 Bannix Acquisition Corp price movement. The serial correlation of -0.21 indicates that over 21.0% of current Bannix Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bannix Acquisition Corp lagged returns against current returns
Autocorrelation, which is Bannix Acquisition 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 Bannix Acquisition's stock expected returns. We can calculate the autocorrelation of Bannix Acquisition returns to help us make a trade decision. For example, suppose you find that Bannix Acquisition 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 |
Bannix Acquisition 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 Bannix Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bannix Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bannix Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Bannix Acquisition Lagged Returns
When evaluating Bannix Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bannix Acquisition stock have on its future price. Bannix Acquisition 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, Bannix Acquisition autocorrelation shows the relationship between Bannix Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Bannix Acquisition Corp.
Regressed Prices |
| Timeline |
Pair Trading with Bannix Acquisition
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bannix Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bannix Acquisition will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bannix Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bannix Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bannix Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bannix Acquisition Corp to buy it.
The correlation of Bannix Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bannix Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bannix Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bannix Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bannix Stock Analysis
When running Bannix Acquisition's price analysis, check to measure Bannix Acquisition's 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 Bannix Acquisition is operating at the current time. Most of Bannix Acquisition's value examination focuses on studying past and present price action to predict the probability of Bannix Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannix Acquisition's price. Additionally, you may evaluate how the addition of Bannix Acquisition to your portfolios can decrease your overall portfolio volatility.