Beazer Homes (UK) Market Value
| 0HMG Stock | 33.74 0.56 1.69% |
| Symbol | Beazer |
Beazer Homes '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 Beazer Homes' 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 Beazer Homes.
| 05/28/2024 |
| 11/24/2024 |
If you would invest 0.00 in Beazer Homes on May 28, 2024 and sell it all today you would earn a total of 0.00 from holding Beazer Homes USA or generate 0.0% return on investment in Beazer Homes over 180 days. Beazer Homes is related to or competes with Batm Advanced, Edita Food, Arrow Electronics, Electronic Arts, Axfood AB, Cairo Communication, and Infrastrutture Wireless. Beazer Homes is entity of United Kingdom More
Beazer Homes 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 Beazer Homes' 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 Beazer Homes USA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.44 | |||
| Information Ratio | 0.0588 | |||
| Maximum Drawdown | 23.35 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 6.7 |
Beazer Homes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beazer Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beazer Homes' standard deviation. In reality, there are many statistical measures that can use Beazer Homes historical prices to predict the future Beazer Homes' volatility.| Risk Adjusted Performance | 0.0786 | |||
| Jensen Alpha | 0.3172 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0522 | |||
| Treynor Ratio | 1.2 |
Beazer Homes USA Backtested Returns
Currently, Beazer Homes USA is not too volatile. Beazer Homes USA secures Sharpe Ratio (or Efficiency) of 0.0561, which signifies that the company had a 0.0561% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Beazer Homes USA, which you can use to evaluate the volatility of the firm. Please confirm Beazer Homes' mean deviation of 2.75, and Risk Adjusted Performance of 0.0786 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Beazer Homes has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Beazer Homes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Beazer Homes is expected to be smaller as well. Beazer Homes USA right now shows a risk of 3.01%. Please confirm Beazer Homes USA market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Beazer Homes USA will be following its price patterns.
Auto-correlation | 0.10 |
Insignificant predictability
Beazer Homes USA has insignificant predictability. Overlapping area represents the amount of predictability between Beazer Homes time series from 28th of May 2024 to 26th of August 2024 and 26th of August 2024 to 24th of November 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 Beazer Homes USA price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Beazer Homes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 1.54 |
Beazer Homes USA lagged returns against current returns
Autocorrelation, which is Beazer Homes 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 Beazer Homes' stock expected returns. We can calculate the autocorrelation of Beazer Homes returns to help us make a trade decision. For example, suppose you find that Beazer Homes 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 |
Beazer Homes 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 Beazer Homes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beazer Homes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beazer Homes stock over time.
Current vs Lagged Prices |
| Timeline |
Beazer Homes Lagged Returns
When evaluating Beazer Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beazer Homes stock have on its future price. Beazer Homes 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, Beazer Homes autocorrelation shows the relationship between Beazer Homes stock current value and its past values and can show if there is a momentum factor associated with investing in Beazer Homes USA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Beazer Stock Analysis
When running Beazer Homes' price analysis, check to measure Beazer Homes' 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 Beazer Homes is operating at the current time. Most of Beazer Homes' value examination focuses on studying past and present price action to predict the probability of Beazer Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beazer Homes' price. Additionally, you may evaluate how the addition of Beazer Homes to your portfolios can decrease your overall portfolio volatility.