Bayside Corp Stock Market Value
| BYSD Stock | USD 0.79 0.42 34.71% |
| Symbol | Bayside |
Bayside Corp '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 Bayside Corp'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 Bayside Corp.
| 01/28/2024 |
| 01/22/2025 |
If you would invest 0.00 in Bayside Corp on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bayside Corp or generate 0.0% return on investment in Bayside Corp over 360 days. Bayside Corp is related to or competes with Charles Schwab, Mercurity Fintech, Blockmate Ventures, OFX Group, Woodbrook Group, and Armada Mercantile. Bayside Corporation focuses on infrastructure around the crypto-asset and blockchain ecosystems More
Bayside Corp 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 Bayside Corp'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 Bayside Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 53.16 | |||
| Value At Risk | (13.79) |
Bayside Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bayside Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bayside Corp's standard deviation. In reality, there are many statistical measures that can use Bayside Corp historical prices to predict the future Bayside Corp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (5.88) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bayside Corp'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.
Bayside Corp Backtested Returns
Bayside Corp secures Sharpe Ratio (or Efficiency) of -0.0323, which signifies that the company had a -0.0323 % return per unit of risk over the last 3 months. Bayside Corp exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bayside Corp's Risk Adjusted Performance of (0.02), mean deviation of 3.06, and Standard Deviation of 9.37 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0588, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bayside Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bayside Corp is expected to be smaller as well. At this point, Bayside Corp has a negative expected return of -0.32%. Please make sure to confirm Bayside Corp's value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Bayside Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Bayside Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Bayside Corp time series from 28th of January 2024 to 26th of July 2024 and 26th of July 2024 to 22nd 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 Bayside Corp price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Bayside Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Bayside Corp lagged returns against current returns
Autocorrelation, which is Bayside Corp 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 Bayside Corp's pink sheet expected returns. We can calculate the autocorrelation of Bayside Corp returns to help us make a trade decision. For example, suppose you find that Bayside Corp 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 |
Bayside Corp 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 Bayside Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bayside Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bayside Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bayside Corp Lagged Returns
When evaluating Bayside Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bayside Corp pink sheet have on its future price. Bayside Corp 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, Bayside Corp autocorrelation shows the relationship between Bayside Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bayside Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Bayside Pink Sheet
Bayside Corp financial ratios help investors to determine whether Bayside 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 Bayside with respect to the benefits of owning Bayside Corp security.