Beijing MediaLimited (Germany) Market Value
| BME Stock | EUR 0.03 0 9.86% |
| Symbol | Beijing |
Beijing MediaLimited '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 Beijing MediaLimited'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 Beijing MediaLimited.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Beijing MediaLimited on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Media or generate 0.0% return on investment in Beijing MediaLimited over 30 days. Beijing MediaLimited is related to or competes with Publicis Groupe, WPP PLC, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. Beijing Media Corporation Limited, together with its subsidiaries, engages in the provision of newspaper, magazine, and ... More
Beijing MediaLimited 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 Beijing MediaLimited'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 Beijing Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 26.62 | |||
| Value At Risk | (7.35) | |||
| Potential Upside | 5.63 |
Beijing MediaLimited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing MediaLimited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing MediaLimited's standard deviation. In reality, there are many statistical measures that can use Beijing MediaLimited historical prices to predict the future Beijing MediaLimited's volatility.| Risk Adjusted Performance | 0.0074 | |||
| Jensen Alpha | 0.0587 | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.0219 |
Beijing MediaLimited Backtested Returns
Beijing MediaLimited secures Sharpe Ratio (or Efficiency) of -6.0E-4, which signifies that the company had a -6.0E-4% return per unit of risk over the last 3 months. Beijing Media exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing MediaLimited's Standard Deviation of 3.63, mean deviation of 1.8, and Risk Adjusted Performance of 0.0074 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Beijing MediaLimited are expected to decrease at a much lower rate. During the bear market, Beijing MediaLimited is likely to outperform the market. At this point, Beijing MediaLimited has a negative expected return of -0.0022%. Please make sure to confirm Beijing MediaLimited's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Beijing MediaLimited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Beijing Media has average predictability. Overlapping area represents the amount of predictability between Beijing MediaLimited time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Beijing MediaLimited price movement. The serial correlation of 0.47 indicates that about 47.0% of current Beijing MediaLimited price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Beijing MediaLimited lagged returns against current returns
Autocorrelation, which is Beijing MediaLimited 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 Beijing MediaLimited's stock expected returns. We can calculate the autocorrelation of Beijing MediaLimited returns to help us make a trade decision. For example, suppose you find that Beijing MediaLimited 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 |
Beijing MediaLimited 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 Beijing MediaLimited stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing MediaLimited stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing MediaLimited stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing MediaLimited Lagged Returns
When evaluating Beijing MediaLimited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing MediaLimited stock have on its future price. Beijing MediaLimited 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, Beijing MediaLimited autocorrelation shows the relationship between Beijing MediaLimited stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Media.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Beijing MediaLimited financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing MediaLimited security.