B2digital Stock Market Value
B2digital's market value is the price at which a share of B2digital trades on a public exchange. It measures the collective expectations of B2digital investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of B2digital and determine expected loss or profit from investing in B2digital over a given investment horizon. Check out B2digital Correlation, B2digital Volatility and B2digital Alpha and Beta module to complement your research on B2digital.
Symbol | B2digital |
B2digital '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 B2digital'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 B2digital.
11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in B2digital on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding B2digital or generate 0.0% return on investment in B2digital over 30 days. B2Digital, Incorporated operates as a live event sports company in the United States More
B2digital 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 B2digital'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 B2digital upside and downside potential and time the market with a certain degree of confidence.
B2digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for B2digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as B2digital's standard deviation. In reality, there are many statistical measures that can use B2digital historical prices to predict the future B2digital's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of B2digital'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.
B2digital Backtested Returns
We have found zero technical indicators for B2digital, which you can use to evaluate the volatility of the entity. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and B2digital are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
B2digital has no correlation between past and present. Overlapping area represents the amount of predictability between B2digital 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 B2digital price movement. The serial correlation of 0.0 indicates that just 0.0% of current B2digital price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
B2digital lagged returns against current returns
Autocorrelation, which is B2digital 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 B2digital's pink sheet expected returns. We can calculate the autocorrelation of B2digital returns to help us make a trade decision. For example, suppose you find that B2digital 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 |
B2digital 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 B2digital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if B2digital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in B2digital pink sheet over time.
Current vs Lagged Prices |
Timeline |
B2digital Lagged Returns
When evaluating B2digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of B2digital pink sheet have on its future price. B2digital 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, B2digital autocorrelation shows the relationship between B2digital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in B2digital.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in B2digital Pink Sheet
B2digital financial ratios help investors to determine whether B2digital 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 B2digital with respect to the benefits of owning B2digital security.