Bip Investment Corp Preferred Stock Market Value
| BIK-PA Preferred Stock | CAD 27.00 0.47 1.77% |
| Symbol | Bip |
Bip Investment '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 Bip Investment's preferred 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 Bip Investment.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Bip Investment on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Bip Investment Corp or generate 0.0% return on investment in Bip Investment over 210 days. Bip Investment is related to or competes with Brookfield Infrastructure, Brookfield Office, Brookfield Office, and Brookfield Infrastructure. More
Bip Investment 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 Bip Investment's preferred 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 Bip Investment Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.32 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.14 |
Bip Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bip Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bip Investment's standard deviation. In reality, there are many statistical measures that can use Bip Investment historical prices to predict the future Bip Investment's volatility.| Risk Adjusted Performance | 0.0857 | |||
| Jensen Alpha | 0.0746 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 1.1 |
Bip Investment Corp Backtested Returns
At this point, Bip Investment is very steady. Bip Investment Corp secures Sharpe Ratio (or Efficiency) of 0.082, which signifies that the company had a 0.082% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bip Investment Corp, which you can use to evaluate the volatility of the firm. Please confirm Bip Investment's Risk Adjusted Performance of 0.0857, mean deviation of 0.5209, and Downside Deviation of 1.07 to double-check if the risk estimate we provide is consistent with the expected return of 0.0618%. Bip Investment has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0766, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bip Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bip Investment is expected to be smaller as well. Bip Investment Corp right now shows a risk of 0.75%. Please confirm Bip Investment Corp downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if Bip Investment Corp will be following its price patterns.
Auto-correlation | 0.67 |
Good predictability
Bip Investment Corp has good predictability. Overlapping area represents the amount of predictability between Bip Investment time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 Bip Investment Corp price movement. The serial correlation of 0.67 indicates that around 67.0% of current Bip Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Bip Investment Corp lagged returns against current returns
Autocorrelation, which is Bip Investment preferred 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 Bip Investment's preferred stock expected returns. We can calculate the autocorrelation of Bip Investment returns to help us make a trade decision. For example, suppose you find that Bip Investment has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Bip Investment 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 Bip Investment preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bip Investment preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bip Investment preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Bip Investment Lagged Returns
When evaluating Bip Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bip Investment preferred stock have on its future price. Bip Investment 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, Bip Investment autocorrelation shows the relationship between Bip Investment preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Bip Investment Corp.
Regressed Prices |
| Timeline |
Other Information on Investing in Bip Preferred Stock
Bip Investment financial ratios help investors to determine whether Bip Preferred 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 Bip with respect to the benefits of owning Bip Investment security.