Bill Holdings (Germany) Market Value
| 0M5 Stock | EUR 86.80 1.80 2.12% |
| Symbol | Bill |
Bill Holdings '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 Bill Holdings' 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 Bill Holdings.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Bill Holdings on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Bill Holdings or generate 0.0% return on investment in Bill Holdings over 720 days. Bill Holdings is related to or competes with PKSHA TECHNOLOGY, NetSol Technologies, INTERSHOP Communications, Charter Communications, and Computer. Bill.com Holdings, Inc. provides cloud-based software that simplifies, digitizes, and automates back-office financial op... More
Bill Holdings 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 Bill Holdings' 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 Bill Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.2377 | |||
| Maximum Drawdown | 16.86 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 10.13 |
Bill Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bill Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bill Holdings' standard deviation. In reality, there are many statistical measures that can use Bill Holdings historical prices to predict the future Bill Holdings' volatility.| Risk Adjusted Performance | 0.2174 | |||
| Jensen Alpha | 0.8419 | |||
| Total Risk Alpha | 0.4165 | |||
| Sortino Ratio | 0.3889 | |||
| Treynor Ratio | 0.7763 |
Bill Holdings Backtested Returns
Bill Holdings is very steady given 3 months investment horizon. Bill Holdings secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33% return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Bill Holdings Risk Adjusted Performance of 0.2174, mean deviation of 2.41, and Downside Deviation of 2.25 to evaluate company specific risk that cannot be diversified away. Bill Holdings holds a performance score of 25 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.28, 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, Bill Holdings will likely underperform. Use Bill Holdings semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to analyze future returns on Bill Holdings.
Auto-correlation | -0.44 |
Modest reverse predictability
Bill Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between Bill Holdings time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 Bill Holdings price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Bill Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 105.58 |
Bill Holdings lagged returns against current returns
Autocorrelation, which is Bill Holdings 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 Bill Holdings' stock expected returns. We can calculate the autocorrelation of Bill Holdings returns to help us make a trade decision. For example, suppose you find that Bill Holdings 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 |
Bill Holdings 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 Bill Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bill Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bill Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Bill Holdings Lagged Returns
When evaluating Bill Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bill Holdings stock have on its future price. Bill Holdings 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, Bill Holdings autocorrelation shows the relationship between Bill Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Bill Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bill Stock
Bill Holdings financial ratios help investors to determine whether Bill 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 Bill with respect to the benefits of owning Bill Holdings security.