Bowmo Inc Stock Market Value
| BOMO Stock | USD 0 0 283.33% |
| Symbol | Bowmo |
Bowmo '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 Bowmo's 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 Bowmo.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Bowmo on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Bowmo Inc or generate 0.0% return on investment in Bowmo over 360 days. Bowmo is related to or competes with Waldencast Acquisition, Alkami Technology, ADEIA P, Paycor HCM, Bentley Systems, Appfolio, and Workiva. bowmo, Inc. provides an intelligent software solution for staffing and recruiting industries More
Bowmo 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 Bowmo's 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 Bowmo Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 34.2 | |||
| Information Ratio | 0.2275 | |||
| Maximum Drawdown | 235.66 | |||
| Value At Risk | (40.91) | |||
| Potential Upside | 100.0 |
Bowmo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bowmo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bowmo's standard deviation. In reality, there are many statistical measures that can use Bowmo historical prices to predict the future Bowmo's volatility.| Risk Adjusted Performance | 0.1857 | |||
| Jensen Alpha | 12.72 | |||
| Total Risk Alpha | 3.46 | |||
| Sortino Ratio | 0.3657 | |||
| Treynor Ratio | (18.24) |
Bowmo Inc Backtested Returns
Bowmo is out of control given 3 months investment horizon. Bowmo Inc secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 12.26% are justified by taking the suggested risk. Use Bowmo Downside Deviation of 34.2, risk adjusted performance of 0.1857, and Mean Deviation of 34.76 to evaluate company specific risk that cannot be diversified away. Bowmo holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bowmo are expected to decrease at a much lower rate. During the bear market, Bowmo is likely to outperform the market. Use Bowmo potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Bowmo.
Auto-correlation | 0.61 |
Good predictability
Bowmo Inc has good predictability. Overlapping area represents the amount of predictability between Bowmo time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bowmo Inc price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Bowmo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bowmo Inc lagged returns against current returns
Autocorrelation, which is Bowmo 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 Bowmo's pink sheet expected returns. We can calculate the autocorrelation of Bowmo returns to help us make a trade decision. For example, suppose you find that Bowmo 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 |
Bowmo 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 Bowmo pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bowmo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bowmo pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bowmo Lagged Returns
When evaluating Bowmo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bowmo pink sheet have on its future price. Bowmo 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, Bowmo autocorrelation shows the relationship between Bowmo pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bowmo Inc.
Regressed Prices |
| Timeline |
Pair Trading with Bowmo
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 Bowmo 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 Bowmo will appreciate offsetting losses from the drop in the long position's value.Moving together with Bowmo Pink Sheet
| 0.65 | CRM | Salesforce Earnings Call This Week | PairCorr |
Moving against Bowmo Pink Sheet
| 0.66 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.64 | HYMTF | Hyundai Motor | PairCorr |
| 0.58 | EC | Ecopetrol SA ADR Sell-off Trend | PairCorr |
| 0.56 | SHG | Shinhan Financial | PairCorr |
| 0.52 | TCHH | Trustcash Holdings | PairCorr |
The ability to find closely correlated positions to Bowmo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bowmo 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 Bowmo - 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 Bowmo Inc to buy it.
The correlation of Bowmo 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 Bowmo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bowmo Inc 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 Bowmo 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.Other Information on Investing in Bowmo Pink Sheet
Bowmo financial ratios help investors to determine whether Bowmo 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 Bowmo with respect to the benefits of owning Bowmo security.