Bannerman Resources (Germany) Market Value
| BH6 Stock | EUR 1.59 0.01 0.63% |
| Symbol | Bannerman |
Bannerman Resources '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 Bannerman Resources' 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 Bannerman Resources.
| 09/21/2024 |
| 12/20/2024 |
If you would invest 0.00 in Bannerman Resources on September 21, 2024 and sell it all today you would earn a total of 0.00 from holding Bannerman Resources Limited or generate 0.0% return on investment in Bannerman Resources over 90 days. Bannerman Resources is related to or competes with Tianjin Capital, Charoen Pokphand, BlueScope Steel, Nippon Steel, and PT Indofood. Bannerman Energy Ltd engages in the exploration and development of uranium properties in Namibia, Southern Africa More
Bannerman Resources 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 Bannerman Resources' 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 Bannerman Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.11 | |||
| Information Ratio | 0.0375 | |||
| Maximum Drawdown | 24.87 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 4.59 |
Bannerman Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bannerman Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bannerman Resources' standard deviation. In reality, there are many statistical measures that can use Bannerman Resources historical prices to predict the future Bannerman Resources' volatility.| Risk Adjusted Performance | 0.0442 | |||
| Jensen Alpha | 0.181 | |||
| Total Risk Alpha | 0.057 | |||
| Sortino Ratio | 0.0507 | |||
| Treynor Ratio | 113.14 |
Bannerman Resources Backtested Returns
Bannerman Resources secures Sharpe Ratio (or Efficiency) of -0.0057, which signifies that the company had a -0.0057% return per unit of risk over the last 3 months. Bannerman Resources Limited exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bannerman Resources' Risk Adjusted Performance of 0.0442, downside deviation of 3.11, and Mean Deviation of 2.96 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0016, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bannerman Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bannerman Resources is expected to be smaller as well. At this point, Bannerman Resources has a negative expected return of -0.0194%. Please make sure to confirm Bannerman Resources' standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Bannerman Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Bannerman Resources Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bannerman Resources time series from 21st of September 2024 to 5th of November 2024 and 5th of November 2024 to 20th 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 Bannerman Resources price movement. The serial correlation of -0.19 indicates that over 19.0% of current Bannerman Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bannerman Resources lagged returns against current returns
Autocorrelation, which is Bannerman Resources 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 Bannerman Resources' stock expected returns. We can calculate the autocorrelation of Bannerman Resources returns to help us make a trade decision. For example, suppose you find that Bannerman Resources 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 |
Bannerman Resources 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 Bannerman Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bannerman Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bannerman Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Bannerman Resources Lagged Returns
When evaluating Bannerman Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bannerman Resources stock have on its future price. Bannerman Resources 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, Bannerman Resources autocorrelation shows the relationship between Bannerman Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Bannerman Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bannerman Stock
Bannerman Resources financial ratios help investors to determine whether Bannerman 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 Bannerman with respect to the benefits of owning Bannerman Resources security.