Bluebik Group (Thailand) Market Value
| BBIK Stock | 42.50 0.50 1.16% |
| Symbol | Bluebik |
Bluebik Group '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 Bluebik Group'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 Bluebik Group.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Bluebik Group on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Bluebik Group PCL or generate 0.0% return on investment in Bluebik Group over 60 days.
Bluebik Group 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 Bluebik Group'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 Bluebik Group PCL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.0257 | |||
| Maximum Drawdown | 10.74 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 3.95 |
Bluebik Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bluebik Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bluebik Group's standard deviation. In reality, there are many statistical measures that can use Bluebik Group historical prices to predict the future Bluebik Group's volatility.| Risk Adjusted Performance | 0.064 | |||
| Jensen Alpha | 0.0991 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0281 | |||
| Treynor Ratio | 0.2653 |
Bluebik Group PCL Backtested Returns
As of now, Bluebik Stock is very steady. Bluebik Group PCL secures Sharpe Ratio (or Efficiency) of 0.0469, which signifies that the company had a 0.0469% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bluebik Group PCL, which you can use to evaluate the volatility of the firm. Please confirm Bluebik Group's Downside Deviation of 2.13, risk adjusted performance of 0.064, and Mean Deviation of 1.83 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Bluebik Group has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bluebik Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bluebik Group is expected to be smaller as well. Bluebik Group PCL right now shows a risk of 2.18%. Please confirm Bluebik Group PCL treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Bluebik Group PCL will be following its price patterns.
Auto-correlation | 0.38 |
Below average predictability
Bluebik Group PCL has below average predictability. Overlapping area represents the amount of predictability between Bluebik Group time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Bluebik Group PCL price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Bluebik Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Bluebik Group PCL lagged returns against current returns
Autocorrelation, which is Bluebik Group 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 Bluebik Group's stock expected returns. We can calculate the autocorrelation of Bluebik Group returns to help us make a trade decision. For example, suppose you find that Bluebik Group 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 |
Bluebik Group 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 Bluebik Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bluebik Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bluebik Group stock over time.
Current vs Lagged Prices |
| Timeline |
Bluebik Group Lagged Returns
When evaluating Bluebik Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bluebik Group stock have on its future price. Bluebik Group 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, Bluebik Group autocorrelation shows the relationship between Bluebik Group stock current value and its past values and can show if there is a momentum factor associated with investing in Bluebik Group PCL.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio Architect