Bellatora Stock Market Value
| ECGR Stock | USD 0.11 0.01 8.33% |
| Symbol | Bellatora |
Bellatora '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 Bellatora'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 Bellatora.
| 01/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Bellatora on January 25, 2024 and sell it all today you would earn a total of 0.00 from holding Bellatora or generate 0.0% return on investment in Bellatora over 90 days. Bellatora is related to or competes with Wavedancer, Widepoint, Data Storage, Usio, and SEATech Ventures. Bellatora Inc. manufactures, markets, and distributes electronic vaporizers and eLiquids, and ecigars for tobacco and me... More
Bellatora 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 Bellatora'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 Bellatora upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.35 | |||
| Information Ratio | 0.1129 | |||
| Maximum Drawdown | 131.67 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 62.79 |
Bellatora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bellatora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bellatora's standard deviation. In reality, there are many statistical measures that can use Bellatora historical prices to predict the future Bellatora's volatility.| Risk Adjusted Performance | 0.0816 | |||
| Jensen Alpha | 2.3 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.103 | |||
| Treynor Ratio | 0.4473 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bellatora'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.
Bellatora Backtested Returns
Bellatora is out of control given 3 months investment horizon. Bellatora secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.53% are justified by taking the suggested risk. Use Bellatora Downside Deviation of 26.35, risk adjusted performance of 0.0816, and Mean Deviation of 13.98 to evaluate company specific risk that cannot be diversified away. Bellatora holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 6.24, 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, Bellatora will likely underperform. Use Bellatora sortino ratio and the relationship between the downside variance and period momentum indicator , to analyze future returns on Bellatora.
Auto-correlation | -0.34 |
Poor reverse predictability
Bellatora has poor reverse predictability. Overlapping area represents the amount of predictability between Bellatora time series from 25th of January 2024 to 10th of March 2024 and 10th of March 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 Bellatora price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Bellatora price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bellatora lagged returns against current returns
Autocorrelation, which is Bellatora 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 Bellatora's pink sheet expected returns. We can calculate the autocorrelation of Bellatora returns to help us make a trade decision. For example, suppose you find that Bellatora 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 |
Bellatora 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 Bellatora pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bellatora pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bellatora pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bellatora Lagged Returns
When evaluating Bellatora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bellatora pink sheet have on its future price. Bellatora 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, Bellatora autocorrelation shows the relationship between Bellatora pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bellatora.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bellatora in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bellatora's short interest history, or implied volatility extrapolated from Bellatora options trading.
Pair Trading with Bellatora
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 Bellatora 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 Bellatora will appreciate offsetting losses from the drop in the long position's value.Moving against Bellatora Pink Sheet
| 0.6 | PBAJ | Petro Usa | PairCorr |
The ability to find closely correlated positions to Bellatora could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bellatora 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 Bellatora - 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 Bellatora to buy it.
The correlation of Bellatora 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 Bellatora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bellatora 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 Bellatora 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 Bellatora Correlation, Bellatora Volatility and Bellatora Alpha and Beta module to complement your research on Bellatora. Note that the Bellatora information on this page should be used as a complementary analysis to other Bellatora'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 the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Bellatora Pink Sheet analysis
When running Bellatora's price analysis, check to measure Bellatora'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 Bellatora is operating at the current time. Most of Bellatora's value examination focuses on studying past and present price action to predict the probability of Bellatora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bellatora's price. Additionally, you may evaluate how the addition of Bellatora to your portfolios can decrease your overall portfolio volatility.
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Bellatora 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.