Baijiayun Group Stock Market Value
| RTC Stock | 4.14 0.84 25.45% |
| Symbol | Baijiayun |
Baijiayun Group Price To Book Ratio
Is Application Software space 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 Baijiayun. If investors know Baijiayun 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 Baijiayun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Earnings Share (4.25) | Revenue Per Share 3.105 | Quarterly Revenue Growth (0.25) | Return On Equity (1.46) |
The market value of Baijiayun Group is measured differently than its book value, which is the value of Baijiayun that is recorded on the company's balance sheet. Investors also form their own opinion of Baijiayun's value that differs from its market value or its book value, called intrinsic value, which is Baijiayun'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 Baijiayun's market value can be influenced by many factors that don't directly affect Baijiayun'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 Baijiayun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baijiayun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baijiayun'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.
Baijiayun '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 Baijiayun'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 Baijiayun.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Baijiayun on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Baijiayun Group or generate 0.0% return on investment in Baijiayun over 30 days. Baijiayun is related to or competes with Issuer Direct, EGain, Research Solutions, Paycor HCM, Appfolio, Agilysys, and Where Food. Baijiayun is entity of United States. It is traded as Stock on NASDAQ exchange. More
Baijiayun 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 Baijiayun'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 Baijiayun Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 31.65 | |||
| Value At Risk | (10.55) | |||
| Potential Upside | 5.26 |
Baijiayun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baijiayun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baijiayun's standard deviation. In reality, there are many statistical measures that can use Baijiayun historical prices to predict the future Baijiayun's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.84) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | (0.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baijiayun'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.
Baijiayun Group Backtested Returns
Baijiayun Group secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Baijiayun Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baijiayun's Mean Deviation of 3.64, standard deviation of 6.03, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.51, 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, Baijiayun will likely underperform. At this point, Baijiayun Group has a negative expected return of -0.84%. Please make sure to confirm Baijiayun's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Baijiayun Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Baijiayun Group has insignificant predictability. Overlapping area represents the amount of predictability between Baijiayun time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th of December 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 Baijiayun Group price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Baijiayun price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
Baijiayun Group lagged returns against current returns
Autocorrelation, which is Baijiayun 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 Baijiayun's stock expected returns. We can calculate the autocorrelation of Baijiayun returns to help us make a trade decision. For example, suppose you find that Baijiayun 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Baijiayun 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 Baijiayun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baijiayun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baijiayun stock over time.
Current vs Lagged Prices |
| Timeline |
Baijiayun Lagged Returns
When evaluating Baijiayun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baijiayun stock have on its future price. Baijiayun 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, Baijiayun autocorrelation shows the relationship between Baijiayun stock current value and its past values and can show if there is a momentum factor associated with investing in Baijiayun Group.
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.When determining whether Baijiayun Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Baijiayun's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Baijiayun Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Baijiayun Group Stock:Check out Baijiayun Correlation, Baijiayun Volatility and Baijiayun Alpha and Beta module to complement your research on Baijiayun. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Baijiayun 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.