Better Collective As Stock Market Value
BTRCF Stock | USD 9.70 0.16 1.68% |
Symbol | Better |
Better Collective '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 Better Collective'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 Better Collective.
10/28/2024 |
| 01/26/2025 |
If you would invest 0.00 in Better Collective on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Better Collective AS or generate 0.0% return on investment in Better Collective over 90 days. Better Collective is related to or competes with LGI Homes, Autohome, Nicola Mining, and Live Ventures. Better Collective AS, together with its subsidiaries, operates as a sports betting media company worldwide More
Better Collective 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 Better Collective'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 Better Collective AS upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.21) | |||
Maximum Drawdown | 37.72 | |||
Value At Risk | (5.47) | |||
Potential Upside | 0.4211 |
Better Collective Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Better Collective's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Better Collective's standard deviation. In reality, there are many statistical measures that can use Better Collective historical prices to predict the future Better Collective's volatility.Risk Adjusted Performance | (0.16) | |||
Jensen Alpha | (1.00) | |||
Total Risk Alpha | (1.29) | |||
Treynor Ratio | 2.02 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Better Collective'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.
Better Collective Backtested Returns
Better Collective secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19 % return per unit of risk over the last 3 months. Better Collective AS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Better Collective's Mean Deviation of 1.97, standard deviation of 5.08, and Risk Adjusted Performance of (0.16) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Better Collective are expected to decrease at a much lower rate. During the bear market, Better Collective is likely to outperform the market. At this point, Better Collective has a negative expected return of -0.43%. Please make sure to confirm Better Collective's daily balance of power, and the relationship between the potential upside and day typical price , to decide if Better Collective performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Better Collective AS has average predictability. Overlapping area represents the amount of predictability between Better Collective time series from 28th of October 2024 to 12th of December 2024 and 12th of December 2024 to 26th 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 Better Collective price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Better Collective price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.45 | |
Spearman Rank Test | -0.14 | |
Residual Average | 0.0 | |
Price Variance | 0.36 |
Better Collective lagged returns against current returns
Autocorrelation, which is Better Collective 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 Better Collective's pink sheet expected returns. We can calculate the autocorrelation of Better Collective returns to help us make a trade decision. For example, suppose you find that Better Collective 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 |
Better Collective 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 Better Collective pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Better Collective pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Better Collective pink sheet over time.
Current vs Lagged Prices |
Timeline |
Better Collective Lagged Returns
When evaluating Better Collective's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Better Collective pink sheet have on its future price. Better Collective 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, Better Collective autocorrelation shows the relationship between Better Collective pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Better Collective AS.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Better Pink Sheet
Better Collective financial ratios help investors to determine whether Better 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 Better with respect to the benefits of owning Better Collective security.