Bidvest OTC Stock Market Value

BDVSF
 Stock
  

USD 12.65  0.00  0.00%   

Bidvest's market value is the price at which a share of Bidvest stock trades on a public exchange. It measures the collective expectations of Bidvest Group investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Bidvest Group and determine expected loss or profit from investing in Bidvest over a given investment horizon. Continue to Bidvest Correlation, Bidvest Volatility and Bidvest Alpha and Beta module to complement your research on Bidvest.
Symbol


Is Bidvest'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 Bidvest. If investors know Bidvest 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 Bidvest 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 Bidvest Group is measured differently than its book value, which is the value of Bidvest that is recorded on the company's balance sheet. Investors also form their own opinion of Bidvest's value that differs from its market value or its book value, called intrinsic value, which is Bidvest'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 Bidvest's market value can be influenced by many factors that don't directly affect Bidvest'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 Bidvest's value and its price as these two are different measures arrived at by different means. Investors typically determine Bidvest value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bidvest'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.

Bidvest '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 Bidvest's otc 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 Bidvest.
0.00
08/29/2022
No Change 0.00  0.0 
In 30 days
09/28/2022
0.00
If you would invest  0.00  in Bidvest on August 29, 2022 and sell it all today you would earn a total of 0.00 from holding Bidvest Group or generate 0.0% return on investment in Bidvest over 30 days. Bidvest is related to or competes with Clearwater Paper. The Bidvest Group Limited operates in trading, services, and distribution businesses in South Africa and internationally More

Bidvest 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 Bidvest's otc 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 Bidvest Group upside and downside potential and time the market with a certain degree of confidence.

Bidvest Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bidvest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bidvest's standard deviation. In reality, there are many statistical measures that can use Bidvest historical prices to predict the future Bidvest's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bidvest'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 Bidvest in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
11.2912.6514.01
Details
Intrinsic
Valuation
LowReal ValueHigh
11.3512.7114.07
Details
Naive
Forecast
LowNext ValueHigh
11.9113.2714.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.2512.9113.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bidvest. Your research has to be compared to or analyzed against Bidvest's peers to derive any actionable benefits. When done correctly, Bidvest'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 Bidvest Group.

Bidvest Group Backtested Returns

Bidvest Group secures Sharpe Ratio (or Efficiency) of -0.0156, which signifies that the company had -0.0156% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in 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. Bidvest Group exposes twenty-four different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bidvest Group mean deviation of 0.2989, and Risk Adjusted Performance of (0.019767) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.0491, which signifies not very significant fluctuations relative to the market. Let's try to break down what Bidvest's beta means in this case. As returns on the market increase, Bidvest returns are expected to increase less than the market. However, during the bear market, the loss on holding Bidvest will be expected to be smaller as well. Even though it is essential to pay attention to Bidvest Group historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in 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. Bidvest Group exposes twenty-four different technical indicators, which can help you to evaluate its performance. Bidvest Group has an expected return of -0.0213%. Please be advised to confirm Bidvest Group variance, potential upside, day typical price, as well as the relationship between the sortino ratio and skewness to decide if Bidvest Group performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.00  

No correlation between past and present

Bidvest Group has no correlation between past and present. Overlapping area represents the amount of predictability between Bidvest time series from 29th of August 2022 to 13th of September 2022 and 13th of September 2022 to 28th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bidvest Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bidvest price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.1
Residual Average0.0
Price Variance0.0

Bidvest Group lagged returns against current returns

Autocorrelation, which is Bidvest otc 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 Bidvest's otc stock expected returns. We can calculate the autocorrelation of Bidvest returns to help us make a trade decision. For example, suppose you find that Bidvest otc 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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       Timeline  

Bidvest 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 Bidvest otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bidvest otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bidvest otc stock over time.
   Current vs Lagged Prices   
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       Timeline  

Bidvest Lagged Returns

When evaluating Bidvest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bidvest otc stock have on its future price. Bidvest 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, Bidvest autocorrelation shows the relationship between Bidvest otc stock current value and its past values and can show if there is a momentum factor associated with investing in Bidvest Group.
   Regressed Prices   
Share
       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 Bidvest 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, Bidvest's short interest history, or implied volatility extrapolated from Bidvest options trading.

Pair Trading with Bidvest

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 Bidvest 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 Bidvest will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Bidvest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bidvest 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 Bidvest - 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 Bidvest Group to buy it.
The correlation of Bidvest is a statistical measure of how it moves in relation to other equities. 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 Bidvest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bidvest Group 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 Bidvest 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.
Pair CorrelationCorrelation Matching
Continue to Bidvest Correlation, Bidvest Volatility and Bidvest Alpha and Beta module to complement your research on Bidvest. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for analysis

When running Bidvest Group price analysis, check to measure Bidvest'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 Bidvest is operating at the current time. Most of Bidvest's value examination focuses on studying past and present price action to predict the probability of Bidvest's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bidvest's price. Additionally, you may evaluate how the addition of Bidvest to your portfolios can decrease your overall portfolio volatility.
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Bidvest technical otc 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, otc market cycles, or different charting patterns.
A focus of Bidvest technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bidvest 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...