Beyond Meat (Germany) Market Value
| 0Q3 Stock | 4.75 0.09 1.93% |
| Symbol | Beyond |
Beyond Meat '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 Beyond Meat'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 Beyond Meat.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Beyond Meat on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Beyond Meat or generate 0.0% return on investment in Beyond Meat over 30 days. Beyond Meat is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. More
Beyond Meat 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 Beyond Meat'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 Beyond Meat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 20.26 | |||
| Value At Risk | (5.50) | |||
| Potential Upside | 4.85 |
Beyond Meat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beyond Meat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beyond Meat's standard deviation. In reality, there are many statistical measures that can use Beyond Meat historical prices to predict the future Beyond Meat's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Beyond Meat's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Beyond Meat Backtested Returns
Beyond Meat secures Sharpe Ratio (or Efficiency) of -0.0537, which signifies that the company had a -0.0537% return per unit of risk over the last 3 months. Beyond Meat exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beyond Meat's Standard Deviation of 3.62, risk adjusted performance of (0.06), and Mean Deviation of 2.89 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.99, which signifies possible diversification benefits within a given portfolio. Beyond Meat returns are very sensitive to returns on the market. As the market goes up or down, Beyond Meat is expected to follow. At this point, Beyond Meat has a negative expected return of -0.19%. Please make sure to confirm Beyond Meat's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Beyond Meat performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Beyond Meat has below average predictability. Overlapping area represents the amount of predictability between Beyond Meat time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Beyond Meat price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Beyond Meat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Beyond Meat lagged returns against current returns
Autocorrelation, which is Beyond Meat 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 Beyond Meat's stock expected returns. We can calculate the autocorrelation of Beyond Meat returns to help us make a trade decision. For example, suppose you find that Beyond Meat 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 |
Beyond Meat 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 Beyond Meat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beyond Meat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beyond Meat stock over time.
Current vs Lagged Prices |
| Timeline |
Beyond Meat Lagged Returns
When evaluating Beyond Meat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beyond Meat stock have on its future price. Beyond Meat 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, Beyond Meat autocorrelation shows the relationship between Beyond Meat stock current value and its past values and can show if there is a momentum factor associated with investing in Beyond Meat.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Beyond Stock Analysis
When running Beyond Meat's price analysis, check to measure Beyond Meat'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 Beyond Meat is operating at the current time. Most of Beyond Meat's value examination focuses on studying past and present price action to predict the probability of Beyond Meat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Meat's price. Additionally, you may evaluate how the addition of Beyond Meat to your portfolios can decrease your overall portfolio volatility.