BENZ Mining (Australia) Market Value
| BNZ Stock | 0.52 0.03 5.45% |
| Symbol | BENZ |
BENZ Mining '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 BENZ Mining'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 BENZ Mining.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in BENZ Mining on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding BENZ Mining Corp or generate 0.0% return on investment in BENZ Mining over 90 days. BENZ Mining is related to or competes with Metalstech, TPG Telecom, Ramsay Health, and Oceania Healthcare. BENZ Mining is entity of Australia. It is traded as Stock on AU exchange. More
BENZ Mining 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 BENZ Mining'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 BENZ Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.46 | |||
| Information Ratio | 0.0543 | |||
| Maximum Drawdown | 22.8 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 8.0 |
BENZ Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BENZ Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BENZ Mining's standard deviation. In reality, there are many statistical measures that can use BENZ Mining historical prices to predict the future BENZ Mining's volatility.| Risk Adjusted Performance | 0.0931 | |||
| Jensen Alpha | 0.333 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0541 | |||
| Treynor Ratio | 0.8985 |
BENZ Mining Corp Backtested Returns
BENZ Mining appears to be out of control, given 3 months investment horizon. BENZ Mining Corp secures Sharpe Ratio (or Efficiency) of 0.0993, which signifies that the company had a 0.0993 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BENZ Mining Corp, which you can use to evaluate the volatility of the firm. Please makes use of BENZ Mining's risk adjusted performance of 0.0931, and Mean Deviation of 3.45 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BENZ Mining holds a performance score of 7. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BENZ Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding BENZ Mining is expected to be smaller as well. Please check BENZ Mining's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether BENZ Mining's price patterns will revert.
Auto-correlation | 0.46 |
Average predictability
BENZ Mining Corp has average predictability. Overlapping area represents the amount of predictability between BENZ Mining time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 BENZ Mining Corp price movement. The serial correlation of 0.46 indicates that about 46.0% of current BENZ Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BENZ Mining Corp lagged returns against current returns
Autocorrelation, which is BENZ Mining 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 BENZ Mining's stock expected returns. We can calculate the autocorrelation of BENZ Mining returns to help us make a trade decision. For example, suppose you find that BENZ Mining 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 |
BENZ Mining 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 BENZ Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BENZ Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BENZ Mining stock over time.
Current vs Lagged Prices |
| Timeline |
BENZ Mining Lagged Returns
When evaluating BENZ Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BENZ Mining stock have on its future price. BENZ Mining 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, BENZ Mining autocorrelation shows the relationship between BENZ Mining stock current value and its past values and can show if there is a momentum factor associated with investing in BENZ Mining Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BENZ Stock Analysis
When running BENZ Mining's price analysis, check to measure BENZ Mining'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 BENZ Mining is operating at the current time. Most of BENZ Mining's value examination focuses on studying past and present price action to predict the probability of BENZ Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BENZ Mining's price. Additionally, you may evaluate how the addition of BENZ Mining to your portfolios can decrease your overall portfolio volatility.