Black Diamond Group Stock Market Value
| BDIMF Stock | USD 8.79 0.63 7.72% |
| Symbol | Black |
Black Diamond '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 Black Diamond'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 Black Diamond.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Black Diamond on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Black Diamond Group or generate 0.0% return on investment in Black Diamond over 90 days. Black Diamond is related to or competes with BOC Aviation, Alta Equipment, Ashtead Group, AutoCanada, Algoma Central, Doman Building, and Pason Systems. Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions More
Black Diamond 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 Black Diamond'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 Black Diamond Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.2346 | |||
| Maximum Drawdown | 11.48 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 6.3 |
Black Diamond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Black Diamond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Black Diamond's standard deviation. In reality, there are many statistical measures that can use Black Diamond historical prices to predict the future Black Diamond's volatility.| Risk Adjusted Performance | 0.2892 | |||
| Jensen Alpha | 0.5987 | |||
| Total Risk Alpha | 0.3231 | |||
| Sortino Ratio | 0.3102 | |||
| Treynor Ratio | 8.79 |
Black Diamond Group Backtested Returns
Black Diamond appears to be somewhat reliable, given 3 months investment horizon. Black Diamond Group secures Sharpe Ratio (or Efficiency) of 0.32, which signifies that the company had a 0.32 % return per unit of standard deviation over the last 3 months. By analyzing Black Diamond's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Black Diamond's mean deviation of 1.24, and Risk Adjusted Performance of 0.2892 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Black Diamond holds a performance score of 25. The firm shows a Beta (market volatility) of 0.0691, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Black Diamond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Black Diamond is expected to be smaller as well. Please check Black Diamond's treynor ratio, expected short fall, and the relationship between the variance and potential upside , to make a quick decision on whether Black Diamond's price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Black Diamond Group has good predictability. Overlapping area represents the amount of predictability between Black Diamond 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 Black Diamond Group price movement. The serial correlation of 0.69 indicates that around 69.0% of current Black Diamond price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Black Diamond Group lagged returns against current returns
Autocorrelation, which is Black Diamond 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 Black Diamond's otc stock expected returns. We can calculate the autocorrelation of Black Diamond returns to help us make a trade decision. For example, suppose you find that Black Diamond 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 |
Black Diamond 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 Black Diamond otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Black Diamond otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Black Diamond otc stock over time.
Current vs Lagged Prices |
| Timeline |
Black Diamond Lagged Returns
When evaluating Black Diamond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Black Diamond otc stock have on its future price. Black Diamond 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, Black Diamond autocorrelation shows the relationship between Black Diamond otc stock current value and its past values and can show if there is a momentum factor associated with investing in Black Diamond Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Black OTC Stock
Black Diamond financial ratios help investors to determine whether Black 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 Black with respect to the benefits of owning Black Diamond security.