Bodhi Tree (India) Market Value
| BTML Stock | 11.68 0.47 3.87% |
| Symbol | Bodhi |
Bodhi Tree '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 Bodhi Tree'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 Bodhi Tree.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Bodhi Tree on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Bodhi Tree Multimedia or generate 0.0% return on investment in Bodhi Tree over 360 days. Bodhi Tree is related to or competes with Neogen Chemicals, Akme Fintrade, Cartrade Tech, TECIL Chemicals, Gujarat Fluorochemicals, Omkar Speciality, and Credo Brands. Bodhi Tree is entity of India. It is traded as Stock on NSE exchange. More
Bodhi Tree 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 Bodhi Tree'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 Bodhi Tree Multimedia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 20.61 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 4.83 |
Bodhi Tree Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bodhi Tree's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bodhi Tree's standard deviation. In reality, there are many statistical measures that can use Bodhi Tree historical prices to predict the future Bodhi Tree's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 1.44 |
Bodhi Tree Multimedia Backtested Returns
Bodhi Tree Multimedia secures Sharpe Ratio (or Efficiency) of -0.0489, which signifies that the company had a -0.0489% return per unit of standard deviation over the last 3 months. Bodhi Tree Multimedia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bodhi Tree's mean deviation of 2.12, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0504, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bodhi Tree are expected to decrease at a much lower rate. During the bear market, Bodhi Tree is likely to outperform the market. At this point, Bodhi Tree Multimedia has a negative expected return of -0.16%. Please make sure to confirm Bodhi Tree's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Bodhi Tree Multimedia performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Bodhi Tree Multimedia has very weak reverse predictability. Overlapping area represents the amount of predictability between Bodhi Tree time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Bodhi Tree Multimedia price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Bodhi Tree price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 1.38 |
Bodhi Tree Multimedia lagged returns against current returns
Autocorrelation, which is Bodhi Tree 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 Bodhi Tree's stock expected returns. We can calculate the autocorrelation of Bodhi Tree returns to help us make a trade decision. For example, suppose you find that Bodhi Tree 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 |
Bodhi Tree 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 Bodhi Tree stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bodhi Tree stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bodhi Tree stock over time.
Current vs Lagged Prices |
| Timeline |
Bodhi Tree Lagged Returns
When evaluating Bodhi Tree's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bodhi Tree stock have on its future price. Bodhi Tree 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, Bodhi Tree autocorrelation shows the relationship between Bodhi Tree stock current value and its past values and can show if there is a momentum factor associated with investing in Bodhi Tree Multimedia.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bodhi Stock Analysis
When running Bodhi Tree's price analysis, check to measure Bodhi Tree'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 Bodhi Tree is operating at the current time. Most of Bodhi Tree's value examination focuses on studying past and present price action to predict the probability of Bodhi Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bodhi Tree's price. Additionally, you may evaluate how the addition of Bodhi Tree to your portfolios can decrease your overall portfolio volatility.