Barakah Offshore (Malaysia) Market Value
| 7251 Stock | 0.05 0.01 11.11% |
| Symbol | Barakah |
Barakah Offshore '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 Barakah Offshore'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 Barakah Offshore.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Barakah Offshore on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Barakah Offshore Petroleum or generate 0.0% return on investment in Barakah Offshore over 30 days. Barakah Offshore is related to or competes with Icon Offshore, Daya Materials, Al Aqar, PMB Technology, Minetech Resources, Dufu Tech, and Sunzen Biotech. More
Barakah Offshore 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 Barakah Offshore'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 Barakah Offshore Petroleum upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.54 | |||
| Information Ratio | 0.0156 | |||
| Maximum Drawdown | 68.18 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 11.11 |
Barakah Offshore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barakah Offshore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barakah Offshore's standard deviation. In reality, there are many statistical measures that can use Barakah Offshore historical prices to predict the future Barakah Offshore's volatility.| Risk Adjusted Performance | 0.0291 | |||
| Jensen Alpha | 0.4334 | |||
| Total Risk Alpha | (1.08) | |||
| Sortino Ratio | 0.0119 | |||
| Treynor Ratio | (0.14) |
Barakah Offshore Pet Backtested Returns
Barakah Offshore appears to be out of control, given 3 months investment horizon. Barakah Offshore Pet secures Sharpe Ratio (or Efficiency) of 0.0606, which signifies that the company had a 0.0606% return per unit of risk over the last 3 months. By analyzing Barakah Offshore's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of Barakah Offshore's Risk Adjusted Performance of 0.0291, downside deviation of 12.54, and Mean Deviation of 4.98 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Barakah Offshore holds a performance score of 4. The firm shows a Beta (market volatility) of -1.8, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Barakah Offshore are expected to decrease by larger amounts. On the other hand, during market turmoil, Barakah Offshore is expected to outperform it. Please check Barakah Offshore's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Barakah Offshore's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Barakah Offshore Petroleum has no correlation between past and present. Overlapping area represents the amount of predictability between Barakah Offshore time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Barakah Offshore Pet price movement. The serial correlation of 0.0 indicates that just 0.0% of current Barakah Offshore price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Barakah Offshore Pet lagged returns against current returns
Autocorrelation, which is Barakah Offshore 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 Barakah Offshore's stock expected returns. We can calculate the autocorrelation of Barakah Offshore returns to help us make a trade decision. For example, suppose you find that Barakah Offshore 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 |
Barakah Offshore 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 Barakah Offshore stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barakah Offshore stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barakah Offshore stock over time.
Current vs Lagged Prices |
| Timeline |
Barakah Offshore Lagged Returns
When evaluating Barakah Offshore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barakah Offshore stock have on its future price. Barakah Offshore 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, Barakah Offshore autocorrelation shows the relationship between Barakah Offshore stock current value and its past values and can show if there is a momentum factor associated with investing in Barakah Offshore Petroleum.
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 Barakah Stock
Barakah Offshore financial ratios help investors to determine whether Barakah 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 Barakah with respect to the benefits of owning Barakah Offshore security.