Bicicletas Monark (Brazil) Market Value
| BMKS3 Stock | BRL 315.00 3.00 0.96% |
| Symbol | Bicicletas |
Bicicletas Monark '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 Bicicletas Monark'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 Bicicletas Monark.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Bicicletas Monark on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Bicicletas Monark SA or generate 0.0% return on investment in Bicicletas Monark over 30 days. Bicicletas Monark is related to or competes with Engie Brasil, Grendene, M Dias, BTG Pactual, Plano Plano, S1YM34, and Cable One. Bicicletas Monark S.A. manufactures and sells bicycles in Brazil More
Bicicletas Monark 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 Bicicletas Monark'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 Bicicletas Monark SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.55 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.9 |
Bicicletas Monark Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bicicletas Monark's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bicicletas Monark's standard deviation. In reality, there are many statistical measures that can use Bicicletas Monark historical prices to predict the future Bicicletas Monark's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.21) |
Bicicletas Monark Backtested Returns
Currently, Bicicletas Monark SA is very steady. Bicicletas Monark secures Sharpe Ratio (or Efficiency) of 0.0471, which signifies that the company had a 0.0471% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Bicicletas Monark SA, which you can use to evaluate the volatility of the firm. Please confirm Bicicletas Monark's mean deviation of 0.7728, and Risk Adjusted Performance of (0.01) to double-check if the risk estimate we provide is consistent with the expected return of 0.0471%. Bicicletas Monark has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bicicletas Monark's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bicicletas Monark is expected to be smaller as well. Bicicletas Monark right now shows a risk of 1.0%. Please confirm Bicicletas Monark coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Bicicletas Monark will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
Bicicletas Monark SA has very weak predictability. Overlapping area represents the amount of predictability between Bicicletas Monark time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Bicicletas Monark price movement. The serial correlation of 0.18 indicates that over 18.0% of current Bicicletas Monark price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 8.22 |
Bicicletas Monark lagged returns against current returns
Autocorrelation, which is Bicicletas Monark 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 Bicicletas Monark's stock expected returns. We can calculate the autocorrelation of Bicicletas Monark returns to help us make a trade decision. For example, suppose you find that Bicicletas Monark 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 |
Bicicletas Monark 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 Bicicletas Monark stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bicicletas Monark stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bicicletas Monark stock over time.
Current vs Lagged Prices |
| Timeline |
Bicicletas Monark Lagged Returns
When evaluating Bicicletas Monark's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bicicletas Monark stock have on its future price. Bicicletas Monark 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, Bicicletas Monark autocorrelation shows the relationship between Bicicletas Monark stock current value and its past values and can show if there is a momentum factor associated with investing in Bicicletas Monark SA.
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.Additional Tools for Bicicletas Stock Analysis
When running Bicicletas Monark's price analysis, check to measure Bicicletas Monark's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bicicletas Monark is operating at the current time. Most of Bicicletas Monark's value examination focuses on studying past and present price action to predict the probability of Bicicletas Monark's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bicicletas Monark's price. Additionally, you may evaluate how the addition of Bicicletas Monark to your portfolios can decrease your overall portfolio volatility.