Banxa Holdings Stock Market Value
| BNXAF Stock | USD 0.42 0.04 10.53% |
| Symbol | Banxa |
Banxa Holdings '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 Banxa Holdings' 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 Banxa Holdings.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Banxa Holdings on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Banxa Holdings or generate 0.0% return on investment in Banxa Holdings over 90 days. Banxa Holdings is related to or competes with Quisitive Technology, Nagarro SE, Appen, Appen, Kontrol Technologies, Converge Technology, and Accenture Plc. Banxa Holdings Inc. operates as a payments service provider for the cryptocurrency exchanges More
Banxa Holdings 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 Banxa Holdings' 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 Banxa Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0079 | |||
| Maximum Drawdown | 64.59 | |||
| Value At Risk | (14.46) | |||
| Potential Upside | 18.06 |
Banxa Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banxa Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banxa Holdings' standard deviation. In reality, there are many statistical measures that can use Banxa Holdings historical prices to predict the future Banxa Holdings' volatility.| Risk Adjusted Performance | 0.006 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 1.47 | |||
| Treynor Ratio | (0.15) |
Banxa Holdings Backtested Returns
Banxa Holdings secures Sharpe Ratio (or Efficiency) of -0.0318, which signifies that the company had a -0.0318 % return per unit of risk over the last 3 months. Banxa Holdings exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banxa Holdings' Mean Deviation of 5.78, risk adjusted performance of 0.006, and Standard Deviation of 9.97 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Banxa Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Banxa Holdings is expected to be smaller as well. At this point, Banxa Holdings has a negative expected return of -0.32%. Please make sure to confirm Banxa Holdings' total risk alpha and the relationship between the skewness and price action indicator , to decide if Banxa Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Banxa Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Banxa Holdings time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Banxa Holdings price movement. The serial correlation of -0.55 indicates that about 55.0% of current Banxa Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Banxa Holdings lagged returns against current returns
Autocorrelation, which is Banxa Holdings 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 Banxa Holdings' pink sheet expected returns. We can calculate the autocorrelation of Banxa Holdings returns to help us make a trade decision. For example, suppose you find that Banxa Holdings 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 |
Banxa Holdings 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 Banxa Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banxa Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banxa Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Banxa Holdings Lagged Returns
When evaluating Banxa Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banxa Holdings pink sheet have on its future price. Banxa Holdings 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, Banxa Holdings autocorrelation shows the relationship between Banxa Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Banxa Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Banxa Pink Sheet
Banxa Holdings financial ratios help investors to determine whether Banxa 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 Banxa with respect to the benefits of owning Banxa Holdings security.