BEXIMCO PHARMAGDR (Germany) Market Value
| R2WA Stock | EUR 0.41 0.00 0.00% |
| Symbol | BEXIMCO |
BEXIMCO PHARMAGDR '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 BEXIMCO PHARMAGDR's stock 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 BEXIMCO PHARMAGDR.
| 06/29/2024 |
| 12/26/2024 |
If you would invest 0.00 in BEXIMCO PHARMAGDR on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding BEXIMCO PHARMAGDR REGS or generate 0.0% return on investment in BEXIMCO PHARMAGDR over 180 days. BEXIMCO PHARMAGDR is related to or competes with Merck KGaA, Haleon PLC, LIVZON PHARMAC, SIMCERE PHARMAC, CanSino Biologics, Evotec SE, and Dermapharm Holding. Beximco Pharmaceuticals Limited manufactures and markets generic pharmaceutical formulation products and active pharmace... More
BEXIMCO PHARMAGDR 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 BEXIMCO PHARMAGDR's stock 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 BEXIMCO PHARMAGDR REGS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.59 | |||
| Information Ratio | 0.2293 | |||
| Maximum Drawdown | 32.13 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 6.45 |
BEXIMCO PHARMAGDR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BEXIMCO PHARMAGDR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BEXIMCO PHARMAGDR's standard deviation. In reality, there are many statistical measures that can use BEXIMCO PHARMAGDR historical prices to predict the future BEXIMCO PHARMAGDR's volatility.| Risk Adjusted Performance | 0.1998 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | 0.8383 | |||
| Sortino Ratio | 0.1775 | |||
| Treynor Ratio | 35.14 |
BEXIMCO PHARMAGDR REGS Backtested Returns
BEXIMCO PHARMAGDR appears to be out of control, given 3 months investment horizon. BEXIMCO PHARMAGDR REGS secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of volatility over the last 3 months. By reviewing BEXIMCO PHARMAGDR's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please makes use of BEXIMCO PHARMAGDR's risk adjusted performance of 0.1998, and Mean Deviation of 2.76 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BEXIMCO PHARMAGDR holds a performance score of 16. The firm shows a Beta (market volatility) of 0.0292, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BEXIMCO PHARMAGDR's returns are expected to increase less than the market. However, during the bear market, the loss of holding BEXIMCO PHARMAGDR is expected to be smaller as well. Please check BEXIMCO PHARMAGDR's maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to make a quick decision on whether BEXIMCO PHARMAGDR's price patterns will revert.
Auto-correlation | -0.89 |
Excellent reverse predictability
BEXIMCO PHARMAGDR REGS has excellent reverse predictability. Overlapping area represents the amount of predictability between BEXIMCO PHARMAGDR time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th 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 BEXIMCO PHARMAGDR REGS price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current BEXIMCO PHARMAGDR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BEXIMCO PHARMAGDR REGS lagged returns against current returns
Autocorrelation, which is BEXIMCO PHARMAGDR stock'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 BEXIMCO PHARMAGDR's stock expected returns. We can calculate the autocorrelation of BEXIMCO PHARMAGDR returns to help us make a trade decision. For example, suppose you find that BEXIMCO PHARMAGDR has exhibited high autocorrelation historically, and you observe that the stock 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 |
BEXIMCO PHARMAGDR 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 BEXIMCO PHARMAGDR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BEXIMCO PHARMAGDR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BEXIMCO PHARMAGDR stock over time.
Current vs Lagged Prices |
| Timeline |
BEXIMCO PHARMAGDR Lagged Returns
When evaluating BEXIMCO PHARMAGDR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BEXIMCO PHARMAGDR stock have on its future price. BEXIMCO PHARMAGDR 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, BEXIMCO PHARMAGDR autocorrelation shows the relationship between BEXIMCO PHARMAGDR stock current value and its past values and can show if there is a momentum factor associated with investing in BEXIMCO PHARMAGDR REGS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BEXIMCO Stock
BEXIMCO PHARMAGDR financial ratios help investors to determine whether BEXIMCO Stock 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 BEXIMCO with respect to the benefits of owning BEXIMCO PHARMAGDR security.