BW Offshore (UK) Market Value
| 0RKH Stock | 28.30 0.25 0.88% |
| Symbol | 0RKH |
BW Offshore '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 BW Offshore'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 BW Offshore.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in BW Offshore on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding BW Offshore or generate 0.0% return on investment in BW Offshore over 300 days. BW Offshore is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, SoftBank Group, and Hon Hai. BW Offshore is entity of United Kingdom. It is traded as Stock on LSE exchange. More
BW Offshore 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 BW Offshore'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 BW Offshore upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.63 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.21 |
BW Offshore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BW Offshore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BW Offshore's standard deviation. In reality, there are many statistical measures that can use BW Offshore historical prices to predict the future BW Offshore's volatility.| Risk Adjusted Performance | 0.0287 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0695 |
BW Offshore Backtested Returns
Currently, BW Offshore is very steady. BW Offshore retains Efficiency (Sharpe Ratio) of 0.019, which signifies that the company had a 0.019% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for BW Offshore, which you can use to evaluate the volatility of the firm. Please confirm BW Offshore's Market Risk Adjusted Performance of 0.0795, standard deviation of 2.44, and Coefficient Of Variation of 3506.64 to double-check if the risk estimate we provide is consistent with the expected return of 0.0466%. BW Offshore has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.86, which signifies possible diversification benefits within a given portfolio. BW Offshore returns are very sensitive to returns on the market. As the market goes up or down, BW Offshore is expected to follow. BW Offshore today owns a risk of 2.45%. Please confirm BW Offshore semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if BW Offshore will be following its current price history.
Auto-correlation | 0.09 |
Virtually no predictability
BW Offshore has virtually no predictability. Overlapping area represents the amount of predictability between BW Offshore time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 BW Offshore price movement. The serial correlation of 0.09 indicates that less than 9.0% of current BW Offshore price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 3.36 |
BW Offshore lagged returns against current returns
Autocorrelation, which is BW Offshore 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 BW Offshore's stock expected returns. We can calculate the autocorrelation of BW Offshore returns to help us make a trade decision. For example, suppose you find that BW Offshore 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 |
BW Offshore 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 BW Offshore stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BW Offshore stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BW Offshore stock over time.
Current vs Lagged Prices |
| Timeline |
BW Offshore Lagged Returns
When evaluating BW Offshore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BW Offshore stock have on its future price. BW Offshore 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, BW Offshore autocorrelation shows the relationship between BW Offshore stock current value and its past values and can show if there is a momentum factor associated with investing in BW Offshore.
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 0RKH Stock Analysis
When running BW Offshore's price analysis, check to measure BW Offshore'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 BW Offshore is operating at the current time. Most of BW Offshore's value examination focuses on studying past and present price action to predict the probability of BW Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BW Offshore's price. Additionally, you may evaluate how the addition of BW Offshore to your portfolios can decrease your overall portfolio volatility.