Bellrock Brands Stock Market Value
BellRock Brands' market value is the price at which a share of BellRock Brands trades on a public exchange. It measures the collective expectations of BellRock Brands investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of BellRock Brands and determine expected loss or profit from investing in BellRock Brands over a given investment horizon. Check out BellRock Brands Correlation, BellRock Brands Volatility and BellRock Brands Alpha and Beta module to complement your research on BellRock Brands.
| Symbol | BellRock |
BellRock Brands '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 BellRock Brands' 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 BellRock Brands.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in BellRock Brands on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding BellRock Brands or generate 0.0% return on investment in BellRock Brands over 720 days. BellRock Brands is related to or competes with Eisai, and Eisai. BellRock Brands Inc. develops, markets, and sells cannabis products in the United States, Canada, and internationally More
BellRock Brands 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 BellRock Brands' 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 BellRock Brands upside and downside potential and time the market with a certain degree of confidence.
BellRock Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BellRock Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BellRock Brands' standard deviation. In reality, there are many statistical measures that can use BellRock Brands historical prices to predict the future BellRock Brands' volatility.BellRock Brands Backtested Returns
BellRock Brands secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. BellRock Brands exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement. 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 BellRock Brands are completely uncorrelated.
Auto-correlation | 0.08 |
Virtually no predictability
BellRock Brands has virtually no predictability. Overlapping area represents the amount of predictability between BellRock Brands time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 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 BellRock Brands price movement. The serial correlation of 0.08 indicates that barely 8.0% of current BellRock Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BellRock Brands lagged returns against current returns
Autocorrelation, which is BellRock Brands 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 BellRock Brands' pink sheet expected returns. We can calculate the autocorrelation of BellRock Brands returns to help us make a trade decision. For example, suppose you find that BellRock Brands 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 |
BellRock Brands 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 BellRock Brands pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BellRock Brands pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BellRock Brands pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BellRock Brands Lagged Returns
When evaluating BellRock Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BellRock Brands pink sheet have on its future price. BellRock Brands 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, BellRock Brands autocorrelation shows the relationship between BellRock Brands pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BellRock Brands.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BellRock Pink Sheet
BellRock Brands financial ratios help investors to determine whether BellRock 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 BellRock with respect to the benefits of owning BellRock Brands security.