Beach Energy (Australia) Market Value
| BPT Stock | 1.36 0.03 2.26% |
| Symbol | Beach |
Beach Energy '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 Beach Energy'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 Beach Energy.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Beach Energy on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Beach Energy or generate 0.0% return on investment in Beach Energy over 30 days. Beach Energy is related to or competes with Westpac Banking, ABACUS STORAGE, Suncorp, Yancoal Australia, Peel Mining, Bendigo, and Capitol Health. Beach Energy is entity of Australia. It is traded as Stock on AU exchange. More
Beach Energy 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 Beach Energy'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 Beach Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.1064 | |||
| Maximum Drawdown | 12.76 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.2 |
Beach Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beach Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beach Energy's standard deviation. In reality, there are many statistical measures that can use Beach Energy historical prices to predict the future Beach Energy's volatility.| Risk Adjusted Performance | 0.1023 | |||
| Jensen Alpha | 0.2501 | |||
| Total Risk Alpha | 0.1933 | |||
| Sortino Ratio | 0.103 | |||
| Treynor Ratio | 1.3 |
Beach Energy Backtested Returns
Beach Energy appears to be very risky, given 3 months investment horizon. Beach Energy secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Beach Energy, which you can use to evaluate the volatility of the firm. Please makes use of Beach Energy's risk adjusted performance of 0.1023, and Mean Deviation of 1.52 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beach Energy holds a performance score of 8. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Beach Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beach Energy is expected to be smaller as well. Please check Beach Energy's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Beach Energy's price patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Beach Energy has insignificant predictability. Overlapping area represents the amount of predictability between Beach Energy time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Beach Energy price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Beach Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Beach Energy lagged returns against current returns
Autocorrelation, which is Beach Energy 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 Beach Energy's stock expected returns. We can calculate the autocorrelation of Beach Energy returns to help us make a trade decision. For example, suppose you find that Beach Energy 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 |
Beach Energy 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 Beach Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beach Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beach Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Beach Energy Lagged Returns
When evaluating Beach Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beach Energy stock have on its future price. Beach Energy 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, Beach Energy autocorrelation shows the relationship between Beach Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Beach Energy.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Beach Stock Analysis
When running Beach Energy's price analysis, check to measure Beach Energy'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 Beach Energy is operating at the current time. Most of Beach Energy's value examination focuses on studying past and present price action to predict the probability of Beach Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beach Energy's price. Additionally, you may evaluate how the addition of Beach Energy to your portfolios can decrease your overall portfolio volatility.