Bally Corp Stock Market Value
| BLYQ Stock | USD 0.13 0.00 0.00% |
| Symbol | Bally |
Bally Corp '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 Bally Corp'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 Bally Corp.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in Bally Corp on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Bally Corp or generate 0.0% return on investment in Bally Corp over 90 days. Bally Corp is related to or competes with AIFarm. It focuses on new business opportunities with established business entities for merger with or acquisition of a target b... More
Bally Corp 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 Bally Corp'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 Bally Corp upside and downside potential and time the market with a certain degree of confidence.
Bally Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bally Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bally Corp's standard deviation. In reality, there are many statistical measures that can use Bally Corp historical prices to predict the future Bally Corp's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bally Corp'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.
Bally Corp Backtested Returns
We have found three technical indicators for Bally Corp, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Bally Corp are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Bally Corp has perfect predictability. Overlapping area represents the amount of predictability between Bally Corp time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th 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 Bally Corp price movement. The serial correlation of 1.0 indicates that 100.0% of current Bally Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bally Corp lagged returns against current returns
Autocorrelation, which is Bally Corp 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 Bally Corp's pink sheet expected returns. We can calculate the autocorrelation of Bally Corp returns to help us make a trade decision. For example, suppose you find that Bally Corp 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 |
Bally Corp 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 Bally Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bally Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bally Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bally Corp Lagged Returns
When evaluating Bally Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bally Corp pink sheet have on its future price. Bally Corp 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, Bally Corp autocorrelation shows the relationship between Bally Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bally Corp.
Regressed Prices |
| Timeline |
Pair Trading with Bally Corp
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 Bally Corp 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 Bally Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bally Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bally Corp 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 Bally Corp - 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 Bally Corp to buy it.
The correlation of Bally Corp 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 Bally Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bally Corp 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 Bally Corp 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.Additional Tools for Bally Pink Sheet Analysis
When running Bally Corp's price analysis, check to measure Bally Corp'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 Bally Corp is operating at the current time. Most of Bally Corp's value examination focuses on studying past and present price action to predict the probability of Bally Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bally Corp's price. Additionally, you may evaluate how the addition of Bally Corp to your portfolios can decrease your overall portfolio volatility.