Beeio Honey (Israel) Market Value
| BHNY Stock | 203.10 12.30 6.45% |
| Symbol | Beeio |
Beeio Honey '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 Beeio Honey'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 Beeio Honey.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Beeio Honey on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Beeio Honey or generate 0.0% return on investment in Beeio Honey over 180 days. Beeio Honey is related to or competes with Shemen Industries, Hamama, Wilk Technologies, and . More
Beeio Honey 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 Beeio Honey'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 Beeio Honey upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 45.5 | |||
| Value At Risk | (9.53) | |||
| Potential Upside | 12.65 |
Beeio Honey Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beeio Honey's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beeio Honey's standard deviation. In reality, there are many statistical measures that can use Beeio Honey historical prices to predict the future Beeio Honey's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.52) |
Beeio Honey Backtested Returns
Beeio Honey secures Sharpe Ratio (or Efficiency) of -0.0253, which signifies that the company had a -0.0253% return per unit of standard deviation over the last 3 months. Beeio Honey exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beeio Honey's mean deviation of 5.22, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Beeio Honey's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beeio Honey is expected to be smaller as well. At this point, Beeio Honey has a negative expected return of -0.22%. Please make sure to confirm Beeio Honey's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Beeio Honey performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Beeio Honey has modest predictability. Overlapping area represents the amount of predictability between Beeio Honey time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Beeio Honey price movement. The serial correlation of 0.51 indicates that about 51.0% of current Beeio Honey price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 2099.59 |
Beeio Honey lagged returns against current returns
Autocorrelation, which is Beeio Honey 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 Beeio Honey's stock expected returns. We can calculate the autocorrelation of Beeio Honey returns to help us make a trade decision. For example, suppose you find that Beeio Honey 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 |
Beeio Honey 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 Beeio Honey stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beeio Honey stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beeio Honey stock over time.
Current vs Lagged Prices |
| Timeline |
Beeio Honey Lagged Returns
When evaluating Beeio Honey's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beeio Honey stock have on its future price. Beeio Honey 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, Beeio Honey autocorrelation shows the relationship between Beeio Honey stock current value and its past values and can show if there is a momentum factor associated with investing in Beeio Honey.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Beeio Stock
Beeio Honey financial ratios help investors to determine whether Beeio 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 Beeio with respect to the benefits of owning Beeio Honey security.