Betacom SA (Poland) Market Value

BCM Stock   4.06  0.06  1.50%   
Betacom SA's market value is the price at which a share of Betacom SA trades on a public exchange. It measures the collective expectations of Betacom SA investors about its performance. Betacom SA is selling at 4.06 as of the 9th of December 2024; that is 1.50% up since the beginning of the trading day. The stock's lowest day price was 4.0.
With this module, you can estimate the performance of a buy and hold strategy of Betacom SA and determine expected loss or profit from investing in Betacom SA over a given investment horizon. Check out Betacom SA Correlation, Betacom SA Volatility and Betacom SA Alpha and Beta module to complement your research on Betacom SA.
Symbol

Please note, there is a significant difference between Betacom SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Betacom SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Betacom SA'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.

Betacom SA '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 Betacom SA'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 Betacom SA.
0.00
11/09/2024
No Change 0.00  0.0 
In 31 days
12/09/2024
0.00
If you would invest  0.00  in Betacom SA on November 9, 2024 and sell it all today you would earn a total of 0.00 from holding Betacom SA or generate 0.0% return on investment in Betacom SA over 30 days. Betacom SA is related to or competes with Creotech Instruments, Quantum Software, Skyline Investment, GreenX Metals, Saule Technologies, Movie Games, and Echo Investment. More

Betacom SA 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 Betacom SA'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 Betacom SA upside and downside potential and time the market with a certain degree of confidence.

Betacom SA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Betacom SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Betacom SA's standard deviation. In reality, there are many statistical measures that can use Betacom SA historical prices to predict the future Betacom SA's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Betacom SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1.724.006.28
Details
Intrinsic
Valuation
LowRealHigh
1.874.156.43
Details
Naive
Forecast
LowNextHigh
1.683.956.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.904.124.34
Details

Betacom SA Backtested Returns

Betacom SA secures Sharpe Ratio (or Efficiency) of -0.0566, which signifies that the company had a -0.0566% return per unit of risk over the last 3 months. Betacom SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Betacom SA's Risk Adjusted Performance of (0.04), mean deviation of 1.57, and Standard Deviation of 2.3 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0225, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Betacom SA are expected to decrease at a much lower rate. During the bear market, Betacom SA is likely to outperform the market. At this point, Betacom SA has a negative expected return of -0.13%. Please make sure to confirm Betacom SA's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Betacom SA performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.05  

Very weak reverse predictability

Betacom SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Betacom SA time series from 9th of November 2024 to 24th of November 2024 and 24th of November 2024 to 9th 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 Betacom SA price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Betacom SA price fluctuation can be explain by its past prices.
Correlation Coefficient-0.05
Spearman Rank Test0.24
Residual Average0.0
Price Variance0.01

Betacom SA lagged returns against current returns

Autocorrelation, which is Betacom SA 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 Betacom SA's stock expected returns. We can calculate the autocorrelation of Betacom SA returns to help us make a trade decision. For example, suppose you find that Betacom SA 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  

Betacom SA 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 Betacom SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Betacom SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Betacom SA stock over time.
   Current vs Lagged Prices   
       Timeline  

Betacom SA Lagged Returns

When evaluating Betacom SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Betacom SA stock have on its future price. Betacom SA 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, Betacom SA autocorrelation shows the relationship between Betacom SA stock current value and its past values and can show if there is a momentum factor associated with investing in Betacom SA.
   Regressed Prices   
       Timeline  

Pair Trading with Betacom SA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Betacom SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Betacom SA will appreciate offsetting losses from the drop in the long position's value.

Moving against Betacom Stock

  0.68DNP Dino Polska SAPairCorr
  0.56CEZ CEZ asPairCorr
  0.5LPP LPP SA Earnings Call This WeekPairCorr
  0.46SAN Banco Santander SAPairCorr
The ability to find closely correlated positions to Betacom SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Betacom SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Betacom SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Betacom SA to buy it.
The correlation of Betacom SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Betacom SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Betacom SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Betacom SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Betacom Stock Analysis

When running Betacom SA's price analysis, check to measure Betacom SA'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 Betacom SA is operating at the current time. Most of Betacom SA's value examination focuses on studying past and present price action to predict the probability of Betacom SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Betacom SA's price. Additionally, you may evaluate how the addition of Betacom SA to your portfolios can decrease your overall portfolio volatility.