Ballistic Recovery Systems Stock Market Value
| BRSI Stock | USD 0.0002 0.0003 60.00% |
| Symbol | Ballistic |
Ballistic Recovery '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 Ballistic Recovery'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 Ballistic Recovery.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Ballistic Recovery on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Ballistic Recovery Systems or generate 0.0% return on investment in Ballistic Recovery over 720 days. Ballistic Recovery is related to or competes with Procter Gamble, SBM Offshore, Eastern, Rocky Brands, and Zoom Video. Ballistic Recovery Systems Inc. develops and commercializes parachute systems in the United States More
Ballistic Recovery 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 Ballistic Recovery'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 Ballistic Recovery Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 60.0 |
Ballistic Recovery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ballistic Recovery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ballistic Recovery's standard deviation. In reality, there are many statistical measures that can use Ballistic Recovery historical prices to predict the future Ballistic Recovery's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.02) | |||
| Total Risk Alpha | (1.84) | |||
| Treynor Ratio | (0.82) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ballistic Recovery's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ballistic Recovery Backtested Returns
Ballistic Recovery secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Ballistic Recovery Systems exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ballistic Recovery's Mean Deviation of 1.79, risk adjusted performance of (0.08), and Standard Deviation of 7.39 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.12, which signifies a somewhat significant risk relative to the market. Ballistic Recovery returns are very sensitive to returns on the market. As the market goes up or down, Ballistic Recovery is expected to follow. At this point, Ballistic Recovery has a negative expected return of -0.92%. Please make sure to confirm Ballistic Recovery's standard deviation, skewness, as well as the relationship between the Skewness and day typical price , to decide if Ballistic Recovery performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Ballistic Recovery Systems has no correlation between past and present. Overlapping area represents the amount of predictability between Ballistic Recovery time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 to 15th 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 Ballistic Recovery price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ballistic Recovery price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ballistic Recovery lagged returns against current returns
Autocorrelation, which is Ballistic Recovery 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 Ballistic Recovery's pink sheet expected returns. We can calculate the autocorrelation of Ballistic Recovery returns to help us make a trade decision. For example, suppose you find that Ballistic Recovery 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 |
Ballistic Recovery 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 Ballistic Recovery pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ballistic Recovery pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ballistic Recovery pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ballistic Recovery Lagged Returns
When evaluating Ballistic Recovery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ballistic Recovery pink sheet have on its future price. Ballistic Recovery 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, Ballistic Recovery autocorrelation shows the relationship between Ballistic Recovery pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ballistic Recovery Systems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ballistic Pink Sheet
Ballistic Recovery financial ratios help investors to determine whether Ballistic 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 Ballistic with respect to the benefits of owning Ballistic Recovery security.