Bellevue Life Sciences Stock Market Value
| BLAC Stock | 11.32 0.02 0.18% |
| Symbol | Bellevue |
Bellevue Life Sciences Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bellevue Life. If investors know Bellevue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bellevue Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Return On Assets (0.03) |
The market value of Bellevue Life Sciences is measured differently than its book value, which is the value of Bellevue that is recorded on the company's balance sheet. Investors also form their own opinion of Bellevue Life's value that differs from its market value or its book value, called intrinsic value, which is Bellevue Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bellevue Life's market value can be influenced by many factors that don't directly affect Bellevue Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bellevue Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bellevue Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bellevue Life'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.
Bellevue Life '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 Bellevue Life'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 Bellevue Life.
| 12/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Bellevue Life on December 20, 2023 and sell it all today you would earn a total of 0.00 from holding Bellevue Life Sciences or generate 0.0% return on investment in Bellevue Life over 360 days. Bellevue Life is related to or competes with Old Dominion, Aterian, Willamette Valley, Eastman Kodak, Mesa Air, Fomento Economico, and Canlan Ice. Bellevue Life is entity of United States More
Bellevue Life 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 Bellevue Life'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 Bellevue Life Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 15.48 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 1.17 |
Bellevue Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bellevue Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bellevue Life's standard deviation. In reality, there are many statistical measures that can use Bellevue Life historical prices to predict the future Bellevue Life's volatility.| Risk Adjusted Performance | 0.0398 | |||
| Jensen Alpha | 0.1111 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.16) |
Bellevue Life Sciences Backtested Returns
At this point, Bellevue Life is not too volatile. Bellevue Life Sciences secures Sharpe Ratio (or Efficiency) of 0.0411, which signifies that the company had a 0.0411% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bellevue Life Sciences, which you can use to evaluate the volatility of the firm. Please confirm Bellevue Life's Mean Deviation of 0.6486, risk adjusted performance of 0.0398, and Downside Deviation of 1.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.0723%. Bellevue Life has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bellevue Life are expected to decrease at a much lower rate. During the bear market, Bellevue Life is likely to outperform the market. Bellevue Life Sciences right now shows a risk of 1.76%. Please confirm Bellevue Life Sciences standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to decide if Bellevue Life Sciences will be following its price patterns.
Auto-correlation | 0.54 |
Modest predictability
Bellevue Life Sciences has modest predictability. Overlapping area represents the amount of predictability between Bellevue Life time series from 20th of December 2023 to 17th of June 2024 and 17th of June 2024 to 14th 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 Bellevue Life Sciences price movement. The serial correlation of 0.54 indicates that about 54.0% of current Bellevue Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Bellevue Life Sciences lagged returns against current returns
Autocorrelation, which is Bellevue Life 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 Bellevue Life's stock expected returns. We can calculate the autocorrelation of Bellevue Life returns to help us make a trade decision. For example, suppose you find that Bellevue Life 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 |
Bellevue Life 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 Bellevue Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bellevue Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bellevue Life stock over time.
Current vs Lagged Prices |
| Timeline |
Bellevue Life Lagged Returns
When evaluating Bellevue Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bellevue Life stock have on its future price. Bellevue Life 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, Bellevue Life autocorrelation shows the relationship between Bellevue Life stock current value and its past values and can show if there is a momentum factor associated with investing in Bellevue Life Sciences.
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.When determining whether Bellevue Life Sciences is a strong investment it is important to analyze Bellevue Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bellevue Life's future performance. For an informed investment choice regarding Bellevue Stock, refer to the following important reports:Check out Bellevue Life Correlation, Bellevue Life Volatility and Bellevue Life Alpha and Beta module to complement your research on Bellevue Life. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Bellevue Life technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.