Broadpeak's market value is the price at which a share of Broadpeak trades on a public exchange. It measures the collective expectations of Broadpeak SA investors about its performance. Broadpeak is selling at 1.02 as of the 2nd of December 2024; that is 3.77% down since the beginning of the trading day. The stock's last reported lowest price was 1.0. With this module, you can estimate the performance of a buy and hold strategy of Broadpeak SA and determine expected loss or profit from investing in Broadpeak over a given investment horizon. Check out Broadpeak Correlation, Broadpeak Volatility and Broadpeak Alpha and Beta module to complement your research on Broadpeak.
Please note, there is a significant difference between Broadpeak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadpeak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadpeak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Broadpeak '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 Broadpeak'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 Broadpeak.
0.00
09/03/2024
No Change 0.00
0.0
In 2 months and 31 days
12/02/2024
0.00
If you would invest 0.00 in Broadpeak on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Broadpeak SA or generate 0.0% return on investment in Broadpeak over 90 days. Broadpeak is related to or competes with ATEME SA, Entech SE, and Lhyfe SA. More
Broadpeak 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 Broadpeak'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 Broadpeak SA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Broadpeak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Broadpeak's standard deviation. In reality, there are many statistical measures that can use Broadpeak historical prices to predict the future Broadpeak's volatility.
Broadpeak SA secures Sharpe Ratio (or Efficiency) of -0.31, which signifies that the company had a -0.31% return per unit of risk over the last 3 months. Broadpeak SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Broadpeak's Standard Deviation of 2.99, mean deviation of 2.16, and Risk Adjusted Performance of (0.23) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Broadpeak are expected to decrease at a much lower rate. During the bear market, Broadpeak is likely to outperform the market. At this point, Broadpeak SA has a negative expected return of -0.92%. Please make sure to confirm Broadpeak's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Broadpeak SA performance from the past will be repeated at some point in the near future.
Auto-correlation
0.76
Good predictability
Broadpeak SA has good predictability. Overlapping area represents the amount of predictability between Broadpeak time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Broadpeak SA price movement. The serial correlation of 0.76 indicates that around 76.0% of current Broadpeak price fluctuation can be explain by its past prices.
Correlation Coefficient
0.76
Spearman Rank Test
0.63
Residual Average
0.0
Price Variance
0.0
Broadpeak SA lagged returns against current returns
Autocorrelation, which is Broadpeak 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 Broadpeak's stock expected returns. We can calculate the autocorrelation of Broadpeak returns to help us make a trade decision. For example, suppose you find that Broadpeak 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
Broadpeak 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 Broadpeak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Broadpeak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Broadpeak stock over time.
Current vs Lagged Prices
Timeline
Broadpeak Lagged Returns
When evaluating Broadpeak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Broadpeak stock have on its future price. Broadpeak 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, Broadpeak autocorrelation shows the relationship between Broadpeak stock current value and its past values and can show if there is a momentum factor associated with investing in Broadpeak SA.
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.
When running Broadpeak's price analysis, check to measure Broadpeak's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadpeak is operating at the current time. Most of Broadpeak's value examination focuses on studying past and present price action to predict the probability of Broadpeak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadpeak's price. Additionally, you may evaluate how the addition of Broadpeak to your portfolios can decrease your overall portfolio volatility.