BenevolentAI (Netherlands) Market Value
| BAI Stock | 0.42 0.02 4.55% |
| Symbol | BenevolentAI |
BenevolentAI '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 BenevolentAI'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 BenevolentAI.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in BenevolentAI on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding BenevolentAI SA or generate 0.0% return on investment in BenevolentAI over 30 days. BenevolentAI is related to or competes with Galapagos, Koninklijke BAM, Fugro NV, PostNL NV, and AMG Advanced. More
BenevolentAI 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 BenevolentAI'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 BenevolentAI SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 46.85 | |||
| Value At Risk | (6.41) | |||
| Potential Upside | 5.56 |
BenevolentAI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BenevolentAI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BenevolentAI's standard deviation. In reality, there are many statistical measures that can use BenevolentAI historical prices to predict the future BenevolentAI's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (1.21) | |||
| Treynor Ratio | (1.69) |
BenevolentAI SA Backtested Returns
BenevolentAI SA secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. BenevolentAI SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BenevolentAI's Mean Deviation of 2.94, standard deviation of 5.62, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BenevolentAI's returns are expected to increase less than the market. However, during the bear market, the loss of holding BenevolentAI is expected to be smaller as well. At this point, BenevolentAI SA has a negative expected return of -0.77%. Please make sure to confirm BenevolentAI's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if BenevolentAI SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
BenevolentAI SA has virtually no predictability. Overlapping area represents the amount of predictability between BenevolentAI time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 BenevolentAI SA price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current BenevolentAI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
BenevolentAI SA lagged returns against current returns
Autocorrelation, which is BenevolentAI 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 BenevolentAI's stock expected returns. We can calculate the autocorrelation of BenevolentAI returns to help us make a trade decision. For example, suppose you find that BenevolentAI 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 |
BenevolentAI 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 BenevolentAI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BenevolentAI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BenevolentAI stock over time.
Current vs Lagged Prices |
| Timeline |
BenevolentAI Lagged Returns
When evaluating BenevolentAI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BenevolentAI stock have on its future price. BenevolentAI 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, BenevolentAI autocorrelation shows the relationship between BenevolentAI stock current value and its past values and can show if there is a momentum factor associated with investing in BenevolentAI SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BenevolentAI Stock Analysis
When running BenevolentAI's price analysis, check to measure BenevolentAI'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 BenevolentAI is operating at the current time. Most of BenevolentAI's value examination focuses on studying past and present price action to predict the probability of BenevolentAI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BenevolentAI's price. Additionally, you may evaluate how the addition of BenevolentAI to your portfolios can decrease your overall portfolio volatility.