Basanite Stock Market Value
BASA Stock | USD 0.03 0.01 14.71% |
Symbol | Basanite |
Basanite '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 Basanite'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 Basanite.
04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Basanite on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Basanite or generate 0.0% return on investment in Basanite over 90 days. Basanite is related to or competes with Anhui Conch, Anhui Conch, Boise Cascad, Captivision Ordinary, and Eagle Materials. Basanite, Inc. engages in the basalt fiber reinforced polymer business worldwide More
Basanite 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 Basanite'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 Basanite upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.02) | |||
Maximum Drawdown | 37.32 | |||
Value At Risk | (13.95) | |||
Potential Upside | 13.33 |
Basanite Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Basanite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Basanite's standard deviation. In reality, there are many statistical measures that can use Basanite historical prices to predict the future Basanite's volatility.Risk Adjusted Performance | 0.0062 | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (1.32) | |||
Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Basanite'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.
Basanite Backtested Returns
At this point, Basanite is out of control. Basanite secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Basanite, which you can use to evaluate the volatility of the firm. Please confirm Basanite's Risk Adjusted Performance of 0.0062, mean deviation of 7.13, and Standard Deviation of 9.18 to double-check if the risk estimate we provide is consistent with the expected return of 0.0513%. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Basanite's returns are expected to increase less than the market. However, during the bear market, the loss of holding Basanite is expected to be smaller as well. Basanite right now shows a risk of 9.37%. Please confirm Basanite value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if Basanite will be following its price patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
Basanite has weak reverse predictability. Overlapping area represents the amount of predictability between Basanite time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Basanite price movement. The serial correlation of -0.23 indicates that over 23.0% of current Basanite price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.23 | |
Spearman Rank Test | -0.23 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Basanite lagged returns against current returns
Autocorrelation, which is Basanite 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 Basanite's otc stock expected returns. We can calculate the autocorrelation of Basanite returns to help us make a trade decision. For example, suppose you find that Basanite has exhibited high autocorrelation historically, and you observe that the otc 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 |
Basanite 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 Basanite otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Basanite otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Basanite otc stock over time.
Current vs Lagged Prices |
Timeline |
Basanite Lagged Returns
When evaluating Basanite's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Basanite otc stock have on its future price. Basanite 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, Basanite autocorrelation shows the relationship between Basanite otc stock current value and its past values and can show if there is a momentum factor associated with investing in Basanite.
Regressed Prices |
Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Basanite OTC Stock
Basanite financial ratios help investors to determine whether Basanite OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Basanite with respect to the benefits of owning Basanite security.