Be Semiconductor Industries Stock Market Value
| BESVF Stock | USD 151.55 7.05 4.45% |
| Symbol | BESVF |
BE Semiconductor '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 BE Semiconductor'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 BE Semiconductor.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in BE Semiconductor on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding BE Semiconductor Industries or generate 0.0% return on investment in BE Semiconductor over 30 days. BE Semiconductor is related to or competes with Disco Corp, Asm Pacific, Sumco Corp, Lasertec, Photronics, Axcelis Technologies, and Entegris. BE Semiconductor Industries N.V. develops, manufactures, markets, sells, and services semiconductor assembly equipment f... More
BE Semiconductor 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 BE Semiconductor'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 BE Semiconductor Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0233 | |||
| Maximum Drawdown | 23.03 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 4.63 |
BE Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BE Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BE Semiconductor's standard deviation. In reality, there are many statistical measures that can use BE Semiconductor historical prices to predict the future BE Semiconductor's volatility.| Risk Adjusted Performance | 0.0349 | |||
| Jensen Alpha | 0.0777 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.1519 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BE Semiconductor'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.
BE Semiconductor Ind Backtested Returns
We consider BE Semiconductor very steady. BE Semiconductor Ind retains Efficiency (Sharpe Ratio) of 0.0445, which signifies that the company had a 0.0445% return per unit of price deviation over the last 3 months. We have found twenty-one technical indicators for BE Semiconductor, which you can use to evaluate the volatility of the firm. Please confirm BE Semiconductor's Variance of 7.85, information ratio of 0.0233, and Market Risk Adjusted Performance of 0.1619 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. BE Semiconductor has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BE Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding BE Semiconductor is expected to be smaller as well. BE Semiconductor Ind today owns a risk of 2.89%. Please confirm BE Semiconductor Industries variance, as well as the relationship between the potential upside and day median price , to decide if BE Semiconductor Industries will be following its current price history.
Auto-correlation | 0.00 |
No correlation between past and present
BE Semiconductor Industries has no correlation between past and present. Overlapping area represents the amount of predictability between BE Semiconductor time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th of April 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 BE Semiconductor Ind price movement. The serial correlation of 0.0 indicates that just 0.0% of current BE Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 19.99 |
BE Semiconductor Ind lagged returns against current returns
Autocorrelation, which is BE Semiconductor 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 BE Semiconductor's pink sheet expected returns. We can calculate the autocorrelation of BE Semiconductor returns to help us make a trade decision. For example, suppose you find that BE Semiconductor 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 |
BE Semiconductor 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 BE Semiconductor pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BE Semiconductor pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BE Semiconductor pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BE Semiconductor Lagged Returns
When evaluating BE Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BE Semiconductor pink sheet have on its future price. BE Semiconductor 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, BE Semiconductor autocorrelation shows the relationship between BE Semiconductor pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BE Semiconductor Industries.
Regressed Prices |
| Timeline |
Pair Trading with BE Semiconductor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BE Semiconductor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BE Semiconductor will appreciate offsetting losses from the drop in the long position's value.Moving together with BESVF Pink Sheet
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The ability to find closely correlated positions to BE Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BE Semiconductor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BE Semiconductor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BE Semiconductor Industries to buy it.
The correlation of BE Semiconductor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BE Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BE Semiconductor Ind moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BE Semiconductor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out BE Semiconductor Correlation, BE Semiconductor Volatility and BE Semiconductor Alpha and Beta module to complement your research on BE Semiconductor. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for BESVF Pink Sheet analysis
When running BE Semiconductor's price analysis, check to measure BE Semiconductor'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 BE Semiconductor is operating at the current time. Most of BE Semiconductor's value examination focuses on studying past and present price action to predict the probability of BE Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BE Semiconductor's price. Additionally, you may evaluate how the addition of BE Semiconductor to your portfolios can decrease your overall portfolio volatility.
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BE Semiconductor technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.