Buru Energy Limited Stock Market Value
| BRNGF Stock | USD 0.05 0.00 0.00% |
| Symbol | Buru |
Buru 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 Buru Energy's pink sheet 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 Buru Energy.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Buru Energy on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Buru Energy Limited or generate 0.0% return on investment in Buru Energy over 30 days. Buru Energy is related to or competes with Barrister Energy, Altura Energy, and Arrow Exploration. Buru Energy Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and ... More
Buru 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 Buru Energy's pink sheet 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 Buru Energy Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 41.11 |
Buru Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buru Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buru Energy's standard deviation. In reality, there are many statistical measures that can use Buru Energy historical prices to predict the future Buru Energy's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.98) | |||
| Total Risk Alpha | (1.78) | |||
| Treynor Ratio | (1.10) |
Buru Energy Limited Backtested Returns
Buru Energy Limited secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Buru Energy Limited exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Buru Energy's Standard Deviation of 5.39, risk adjusted performance of (0.11), and Mean Deviation of 2.0 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Buru Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Buru Energy is expected to be smaller as well. At this point, Buru Energy Limited has a negative expected return of -0.92%. Please make sure to confirm Buru Energy's information ratio, skewness, as well as the relationship between the Skewness and day median price , to decide if Buru Energy Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
Buru Energy Limited has perfect predictability. Overlapping area represents the amount of predictability between Buru Energy time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 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 Buru Energy Limited price movement. The serial correlation of 1.0 indicates that 100.0% of current Buru Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Buru Energy Limited lagged returns against current returns
Autocorrelation, which is Buru Energy pink sheet'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 Buru Energy's pink sheet expected returns. We can calculate the autocorrelation of Buru Energy returns to help us make a trade decision. For example, suppose you find that Buru Energy has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Buru 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 Buru Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buru Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buru Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Buru Energy Lagged Returns
When evaluating Buru Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buru Energy pink sheet have on its future price. Buru 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, Buru Energy autocorrelation shows the relationship between Buru Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Buru Energy Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Buru Pink Sheet
Buru Energy financial ratios help investors to determine whether Buru Pink Sheet 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 Buru with respect to the benefits of owning Buru Energy security.