Big Technologies (UK) Market Value
| BIG Stock | 139.00 1.50 1.09% |
| Symbol | Big |
Big Technologies '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 Big Technologies' 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 Big Technologies.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Big Technologies on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Big Technologies PLC or generate 0.0% return on investment in Big Technologies over 30 days. Big Technologies is related to or competes with Hochschild Mining, JD Sports, Science In, JB Hunt, Jacquet Metal, Ecclesiastical Insurance, and AMG Advanced. Big Technologies is entity of United Kingdom More
Big Technologies 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 Big Technologies' 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 Big Technologies PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.1142 | |||
| Maximum Drawdown | 12.86 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.09 |
Big Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Big Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Big Technologies' standard deviation. In reality, there are many statistical measures that can use Big Technologies historical prices to predict the future Big Technologies' volatility.| Risk Adjusted Performance | 0.1206 | |||
| Jensen Alpha | 0.3641 | |||
| Total Risk Alpha | 0.0664 | |||
| Sortino Ratio | 0.1153 | |||
| Treynor Ratio | (5.57) |
Big Technologies PLC Backtested Returns
Big Technologies appears to be very steady, given 3 months investment horizon. Big Technologies PLC secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Big Technologies PLC, which you can use to evaluate the volatility of the firm. Please makes use of Big Technologies' risk adjusted performance of 0.1206, and Mean Deviation of 1.71 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Big Technologies holds a performance score of 12. The firm shows a Beta (market volatility) of -0.0643, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Big Technologies are expected to decrease at a much lower rate. During the bear market, Big Technologies is likely to outperform the market. Please check Big Technologies' total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether Big Technologies' price patterns will revert.
Auto-correlation | -0.84 |
Excellent reverse predictability
Big Technologies PLC has excellent reverse predictability. Overlapping area represents the amount of predictability between Big Technologies time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Big Technologies PLC price movement. The serial correlation of -0.84 indicates that around 84.0% of current Big Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 6.14 |
Big Technologies PLC lagged returns against current returns
Autocorrelation, which is Big Technologies 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 Big Technologies' stock expected returns. We can calculate the autocorrelation of Big Technologies returns to help us make a trade decision. For example, suppose you find that Big Technologies 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 |
Big Technologies 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 Big Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Big Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Big Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Big Technologies Lagged Returns
When evaluating Big Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Big Technologies stock have on its future price. Big Technologies 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, Big Technologies autocorrelation shows the relationship between Big Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Big Technologies PLC.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Big Stock
Big Technologies financial ratios help investors to determine whether Big 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 Big with respect to the benefits of owning Big Technologies security.