Black Spade Acquisition Stock Market Value
| BSIIU Stock | 10.06 0.10 0.98% |
| Symbol | Black |
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Black Spade. If investors know Black will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Black Spade listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Black Spade Acquisition is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Spade's value that differs from its market value or its book value, called intrinsic value, which is Black Spade's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Black Spade's market value can be influenced by many factors that don't directly affect Black Spade's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Black Spade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Spade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Spade's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Black Spade '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 Black Spade'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 Black Spade.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Black Spade on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Black Spade Acquisition or generate 0.0% return on investment in Black Spade over 30 days. Black Spade is related to or competes with Distoken Acquisition, DMY Squared, YHN Acquisition, CO2 Energy, Vine Hill, PowerUp Acquisition, and DT Cloud. Black Spade is entity of United States. It is traded as Stock on NASDAQ exchange. More
Black Spade 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 Black Spade'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 Black Spade Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3621 | |||
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 2.08 | |||
| Value At Risk | (0.30) | |||
| Potential Upside | 0.2006 |
Black Spade Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Spade's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Black Spade's standard deviation. In reality, there are many statistical measures that can use Black Spade historical prices to predict the future Black Spade's volatility.| Risk Adjusted Performance | 0.0213 | |||
| Jensen Alpha | 0.006 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.27) | |||
| Treynor Ratio | (0.19) |
Black Spade Acquisition Backtested Returns
Currently, Black Spade Acquisition is very steady. Black Spade Acquisition secures Sharpe Ratio (or Efficiency) of 0.0567, which signifies that the company had a 0.0567% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Black Spade Acquisition, which you can use to evaluate the volatility of the firm. Please confirm Black Spade's mean deviation of 0.1196, and Risk Adjusted Performance of 0.0213 to double-check if the risk estimate we provide is consistent with the expected return of 0.0146%. Black Spade has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0202, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Black Spade are expected to decrease at a much lower rate. During the bear market, Black Spade is likely to outperform the market. Black Spade Acquisition right now shows a risk of 0.26%. Please confirm Black Spade Acquisition treynor ratio, and the relationship between the coefficient of variation and semi variance , to decide if Black Spade Acquisition will be following its price patterns.
Auto-correlation | 0.29 |
Poor predictability
Black Spade Acquisition has poor predictability. Overlapping area represents the amount of predictability between Black Spade time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Black Spade Acquisition price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Black Spade price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Black Spade Acquisition lagged returns against current returns
Autocorrelation, which is Black Spade 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 Black Spade's stock expected returns. We can calculate the autocorrelation of Black Spade returns to help us make a trade decision. For example, suppose you find that Black Spade 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 |
Black Spade 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 Black Spade stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Black Spade stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Black Spade stock over time.
Current vs Lagged Prices |
| Timeline |
Black Spade Lagged Returns
When evaluating Black Spade's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Black Spade stock have on its future price. Black Spade 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, Black Spade autocorrelation shows the relationship between Black Spade stock current value and its past values and can show if there is a momentum factor associated with investing in Black Spade Acquisition.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Black Stock Analysis
When running Black Spade's price analysis, check to measure Black Spade'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 Black Spade is operating at the current time. Most of Black Spade's value examination focuses on studying past and present price action to predict the probability of Black Spade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Spade's price. Additionally, you may evaluate how the addition of Black Spade to your portfolios can decrease your overall portfolio volatility.