Bip Bermuda Holdings Stock Market Value
| BIPI Stock | USD 17.96 0.24 1.32% |
| Symbol | BIP |
BIP Bermuda Holdings Price To Book Ratio
Is BIP Bermuda's industry 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 BIP Bermuda. If investors know BIP 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 BIP Bermuda 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 BIP Bermuda Holdings is measured differently than its book value, which is the value of BIP that is recorded on the company's balance sheet. Investors also form their own opinion of BIP Bermuda's value that differs from its market value or its book value, called intrinsic value, which is BIP Bermuda'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 BIP Bermuda's market value can be influenced by many factors that don't directly affect BIP Bermuda'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 BIP Bermuda's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIP Bermuda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIP Bermuda'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.
BIP Bermuda '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 BIP Bermuda'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 BIP Bermuda.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in BIP Bermuda on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding BIP Bermuda Holdings or generate 0.0% return on investment in BIP Bermuda over 30 days. BIP Bermuda is related to or competes with Assurant, Carlyle, and MGRD. BIP Bermuda is entity of United States. It is traded as Stock on NYSE exchange. More
BIP Bermuda 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 BIP Bermuda'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 BIP Bermuda Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.62 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 2.19 |
BIP Bermuda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BIP Bermuda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BIP Bermuda's standard deviation. In reality, there are many statistical measures that can use BIP Bermuda historical prices to predict the future BIP Bermuda's volatility.| Risk Adjusted Performance | 0.0253 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0307 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BIP Bermuda'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.
BIP Bermuda Holdings Backtested Returns
We consider BIP Bermuda very steady. BIP Bermuda Holdings secures Sharpe Ratio (or Efficiency) of 0.0133, which signifies that the company had a 0.0133% return per unit of risk over the last 3 months. We have found thirty technical indicators for BIP Bermuda Holdings, which you can use to evaluate the volatility of the firm. Please confirm BIP Bermuda's mean deviation of 1.1, and Risk Adjusted Performance of 0.0253 to double-check if the risk estimate we provide is consistent with the expected return of 0.02%. BIP Bermuda has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.18, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BIP Bermuda will likely underperform. BIP Bermuda Holdings now shows a risk of 1.5%. Please confirm BIP Bermuda Holdings sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if BIP Bermuda Holdings will be following its price patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
BIP Bermuda Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between BIP Bermuda time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 BIP Bermuda Holdings price movement. The serial correlation of -0.14 indicates that less than 14.0% of current BIP Bermuda price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
BIP Bermuda Holdings lagged returns against current returns
Autocorrelation, which is BIP Bermuda 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 BIP Bermuda's stock expected returns. We can calculate the autocorrelation of BIP Bermuda returns to help us make a trade decision. For example, suppose you find that BIP Bermuda 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 |
BIP Bermuda 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 BIP Bermuda stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BIP Bermuda stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BIP Bermuda stock over time.
Current vs Lagged Prices |
| Timeline |
BIP Bermuda Lagged Returns
When evaluating BIP Bermuda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BIP Bermuda stock have on its future price. BIP Bermuda 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, BIP Bermuda autocorrelation shows the relationship between BIP Bermuda stock current value and its past values and can show if there is a momentum factor associated with investing in BIP Bermuda Holdings.
Regressed Prices |
| Timeline |
Pair Trading with BIP Bermuda
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 BIP Bermuda 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 BIP Bermuda will appreciate offsetting losses from the drop in the long position's value.Moving against BIP Stock
| 0.57 | HRBR | Harbor Diversified | PairCorr |
| 0.52 | GLUX | Great Lakes Aviation | PairCorr |
The ability to find closely correlated positions to BIP Bermuda could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BIP Bermuda 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 BIP Bermuda - 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 BIP Bermuda Holdings to buy it.
The correlation of BIP Bermuda 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 BIP Bermuda moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BIP Bermuda Holdings 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 BIP Bermuda 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 BIP Bermuda Correlation, BIP Bermuda Volatility and BIP Bermuda Alpha and Beta module to complement your research on BIP Bermuda. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for BIP Stock analysis
When running BIP Bermuda's price analysis, check to measure BIP Bermuda'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 BIP Bermuda is operating at the current time. Most of BIP Bermuda's value examination focuses on studying past and present price action to predict the probability of BIP Bermuda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIP Bermuda's price. Additionally, you may evaluate how the addition of BIP Bermuda to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
BIP Bermuda technical stock 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, stock market cycles, or different charting patterns.