Bath Body (UK) Market Value
| 0JSC Stock | 39.42 1.68 4.45% |
| Symbol | Bath |
Bath Body '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 Bath Body'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 Bath Body.
| 06/26/2024 |
| 12/23/2024 |
If you would invest 0.00 in Bath Body on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Bath Body Works or generate 0.0% return on investment in Bath Body over 180 days. Bath Body is related to or competes with Uniper SE, Mulberry Group, London Security, Triad Group, SURETRACK MON, Ikigai Ventures, and Heavitree Brewery. Bath Body is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Bath Body 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 Bath Body'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 Bath Body Works upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.12 | |||
| Information Ratio | 0.1517 | |||
| Maximum Drawdown | 21.08 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 5.06 |
Bath Body Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bath Body's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bath Body's standard deviation. In reality, there are many statistical measures that can use Bath Body historical prices to predict the future Bath Body's volatility.| Risk Adjusted Performance | 0.1357 | |||
| Jensen Alpha | 0.5031 | |||
| Total Risk Alpha | 0.4192 | |||
| Sortino Ratio | 0.2294 | |||
| Treynor Ratio | 1.91 |
Bath Body Works Backtested Returns
Bath Body appears to be very steady, given 3 months investment horizon. Bath Body Works secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bath Body Works, which you can use to evaluate the volatility of the firm. Please makes use of Bath Body's Mean Deviation of 2.24, risk adjusted performance of 0.1357, and Downside Deviation of 2.12 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bath Body holds a performance score of 11. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bath Body's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bath Body is expected to be smaller as well. Please check Bath Body's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bath Body's price patterns will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Bath Body Works has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Bath Body time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd 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 Bath Body Works price movement. The serial correlation of -0.74 indicates that around 74.0% of current Bath Body price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 12.34 |
Bath Body Works lagged returns against current returns
Autocorrelation, which is Bath Body 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 Bath Body's stock expected returns. We can calculate the autocorrelation of Bath Body returns to help us make a trade decision. For example, suppose you find that Bath Body 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 |
Bath Body 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 Bath Body stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bath Body stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bath Body stock over time.
Current vs Lagged Prices |
| Timeline |
Bath Body Lagged Returns
When evaluating Bath Body's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bath Body stock have on its future price. Bath Body 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, Bath Body autocorrelation shows the relationship between Bath Body stock current value and its past values and can show if there is a momentum factor associated with investing in Bath Body Works.
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 Bath Stock Analysis
When running Bath Body's price analysis, check to measure Bath Body'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 Bath Body is operating at the current time. Most of Bath Body's value examination focuses on studying past and present price action to predict the probability of Bath Body's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bath Body's price. Additionally, you may evaluate how the addition of Bath Body to your portfolios can decrease your overall portfolio volatility.