Ballantyne Stock Market Value

BTN -  USA Stock  

USD 3.25  0.15  4.84%

Ballantyne Strong's market value is the price at which a share of Ballantyne Strong stock trades on a public exchange. It measures the collective expectations of Ballantyne Strong investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Ballantyne Strong and determine expected loss or profit from investing in Ballantyne Strong over a given investment horizon. Continue to Ballantyne Strong Hype Analysis, Ballantyne Strong Correlation, Ballantyne Strong Valuation, Ballantyne Strong Volatility, as well as analyze Ballantyne Strong Alpha and Beta and Ballantyne Strong Performance.
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Backtest


The market value of Ballantyne Strong is measured differently than its book value, which is the value of Ballantyne that is recorded on the company's balance sheet. Investors also form their own opinion of Ballantyne Strong's value that differs from its market value or its book value, called intrinsic value, which is Ballantyne Strong'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 Ballantyne Strong's market value can be influenced by many factors that don't directly affect Ballantyne Strong underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ballantyne Strong's value and its price as these two are different measures arrived at by different means. Investors typically determine Ballantyne Strong value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballantyne Strong'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.

Ballantyne Strong '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 Ballantyne Strong'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 Ballantyne Strong.
0.00
08/21/2021
No Change 0.00  0.0 
In 30 days
09/20/2021
0.00
If you would invest  0.00  in Ballantyne Strong on August 21, 2021 and sell it all today you would earn a total of 0.00 from holding Ballantyne Strong or generate 0.0% return on investment in Ballantyne Strong over 30 days. Ballantyne Strong is related to or competes with Mattel, Funko Inc, Hasbro, Escalade, Dover Downs, Brunswick Corp, and Callaway Golf. Ballantyne Strong, Inc. operates in the entertainment industry worldwide

Ballantyne Strong 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 Ballantyne Strong'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 Ballantyne Strong upside and downside potential and time the market with a certain degree of confidence.

Ballantyne Strong Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ballantyne Strong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ballantyne Strong's standard deviation. In reality, there are many statistical measures that can use Ballantyne Strong historical prices to predict the future Ballantyne Strong's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ballantyne Strong'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. Please use the tools below to analyze the current value of Ballantyne Strong in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.303.186.06
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Intrinsic
Valuation
LowReal ValueHigh
0.783.666.54
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Naive
Forecast
LowNext ValueHigh
0.313.196.06
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.043.463.89
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ballantyne Strong. Your research has to be compared to or analyzed against Ballantyne Strong's peers to derive any actionable benefits. When done correctly, Ballantyne Strong's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ballantyne Strong.

Ballantyne Strong Backtested Returns

Ballantyne Strong secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had -0.19% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Ballantyne Strong exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Ballantyne Strong mean deviation of 2.21, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.7753, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Ballantyne's beta means in this case. As returns on the market increase, Ballantyne Strong returns are expected to increase less than the market. However, during the bear market, the loss on holding Ballantyne Strong will be expected to be smaller as well. Even though it is essential to pay attention to Ballantyne Strong historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ballantyne Strong exposes twenty-one different technical indicators, which can help you to evaluate its performance. Ballantyne Strong has an expected return of -0.55%. Please be advised to confirm Ballantyne Strong downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Ballantyne Strong performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.25   

Poor predictability

Ballantyne Strong has poor predictability. Overlapping area represents the amount of predictability between Ballantyne Strong time series from 21st of August 2021 to 5th of September 2021 and 5th of September 2021 to 20th of September 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ballantyne Strong price movement. The serial correlation of 0.25 indicates that over 25.0% of current Ballantyne Strong price fluctuation can be explain by its past prices.
Correlation Coefficient0.25
Spearman Rank Test-0.35
Residual Average0.0
Price Variance0.01

Ballantyne Strong lagged returns against current returns

Autocorrelation, which is Ballantyne Strong 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 Ballantyne Strong's stock expected returns. We can calculate the autocorrelation of Ballantyne Strong returns to help us make a trade decision. For example, suppose you find that Ballantyne Strong stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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Ballantyne Strong 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 Ballantyne Strong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ballantyne Strong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ballantyne Strong stock over time.
 Current vs Lagged Prices 
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Ballantyne Strong Lagged Returns

When evaluating Ballantyne Strong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ballantyne Strong stock have on its future price. Ballantyne Strong 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, Ballantyne Strong autocorrelation shows the relationship between Ballantyne Strong stock current value and its past values and can show if there is a momentum factor associated with investing in Ballantyne Strong.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ballantyne Strong without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
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Pair Trading with Ballantyne Strong

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 Ballantyne Strong 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 Ballantyne Strong will appreciate offsetting losses from the drop in the long position's value.

Ballantyne Strong Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Ballantyne Strong and Mattel Inc. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Ballantyne Strong Hype Analysis, Ballantyne Strong Correlation, Ballantyne Strong Valuation, Ballantyne Strong Volatility, as well as analyze Ballantyne Strong Alpha and Beta and Ballantyne Strong Performance. Note that the Ballantyne Strong information on this page should be used as a complementary analysis to other Ballantyne Strong's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Ballantyne Strong price analysis, check to measure Ballantyne Strong'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 Ballantyne Strong is operating at the current time. Most of Ballantyne Strong's value examination focuses on studying past and present price action to predict the probability of Ballantyne Strong's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ballantyne Strong's price. Additionally, you may evaluate how the addition of Ballantyne Strong to your portfolios can decrease your overall portfolio volatility.
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Ballantyne Strong 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.
A focus of Ballantyne Strong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ballantyne Strong trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...