Bynordic Acquisition Corp Market Value
| BYNOUDelisted Stock | USD 11.59 0.22 1.93% |
| Symbol | Bynordic |
Bynordic 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 Bynordic Acquisition'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 Bynordic Acquisition.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Bynordic Acquisition on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Bynordic Acquisition Corp or generate 0.0% return on investment in Bynordic Acquisition over 30 days. Bynordic Acquisition is related to or competes with Alphatec Holdings, Avadel Pharmaceuticals, IAC, Teleflex Incorporated, and Sea. byNordic Acquisition Corporation does not have significant operations More
Bynordic 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 Bynordic Acquisition'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 Bynordic Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.092 | |||
| Maximum Drawdown | 1.93 | |||
| Potential Upside | 0.1762 |
Bynordic Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bynordic Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bynordic Acquisition's standard deviation. In reality, there are many statistical measures that can use Bynordic Acquisition historical prices to predict the future Bynordic Acquisition's volatility.| Risk Adjusted Performance | 0.0904 | |||
| Jensen Alpha | 0.0302 | |||
| Total Risk Alpha | 0.0291 | |||
| Treynor Ratio | 0.1813 |
Bynordic Acquisition Corp Backtested Returns
Currently, Bynordic Acquisition Corp is very steady. Bynordic Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Bynordic Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm Bynordic Acquisition's Risk Adjusted Performance of 0.0904, mean deviation of 0.096, and Standard Deviation of 0.2836 to double-check if the risk estimate we provide is consistent with the expected return of 0.0418%. Bynordic Acquisition has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bynordic Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bynordic Acquisition is expected to be smaller as well. Bynordic Acquisition Corp right now shows a risk of 0.29%. Please confirm Bynordic Acquisition Corp variance, kurtosis, as well as the relationship between the Kurtosis and period momentum indicator , to decide if Bynordic Acquisition Corp will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Bynordic Acquisition Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Bynordic Acquisition time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Bynordic Acquisition Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bynordic Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Bynordic Acquisition Corp lagged returns against current returns
Autocorrelation, which is Bynordic Acquisition 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 Bynordic Acquisition's pink sheet expected returns. We can calculate the autocorrelation of Bynordic Acquisition returns to help us make a trade decision. For example, suppose you find that Bynordic Acquisition 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 |
Bynordic 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 Bynordic Acquisition pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bynordic Acquisition pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bynordic Acquisition pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bynordic Acquisition Lagged Returns
When evaluating Bynordic Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bynordic Acquisition pink sheet have on its future price. Bynordic 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, Bynordic Acquisition autocorrelation shows the relationship between Bynordic Acquisition pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bynordic Acquisition Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Bynordic Acquisition Correlation, Bynordic Acquisition Volatility and Bynordic Acquisition Alpha and Beta module to complement your research on Bynordic Acquisition. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Bynordic Pink Sheet
If you are still planning to invest in Bynordic Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bynordic Acquisition's history and understand the potential risks before investing.
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