BIALETTI INDUSTRIE's market value is the price at which a share of BIALETTI INDUSTRIE trades on a public exchange. It measures the collective expectations of BIALETTI INDUSTRIE investors about its performance. BIALETTI INDUSTRIE is trading at 0.22 as of the 14th of January 2025. This is a 4.76 percent increase since the beginning of the trading day. The stock's lowest day price was 0.22. With this module, you can estimate the performance of a buy and hold strategy of BIALETTI INDUSTRIE and determine expected loss or profit from investing in BIALETTI INDUSTRIE over a given investment horizon. Check out BIALETTI INDUSTRIE Correlation, BIALETTI INDUSTRIE Volatility and BIALETTI INDUSTRIE Alpha and Beta module to complement your research on BIALETTI INDUSTRIE.
Please note, there is a significant difference between BIALETTI INDUSTRIE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIALETTI INDUSTRIE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIALETTI INDUSTRIE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BIALETTI INDUSTRIE '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 BIALETTI INDUSTRIE'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 BIALETTI INDUSTRIE.
0.00
12/15/2024
No Change 0.00
0.0
In 31 days
01/14/2025
0.00
If you would invest 0.00 in BIALETTI INDUSTRIE on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding BIALETTI INDUSTRIE or generate 0.0% return on investment in BIALETTI INDUSTRIE over 30 days. BIALETTI INDUSTRIE is related to or competes with AAC TECHNOLOGHLDGADR, Granite Construction, Hanison Construction, Federal Agricultural, Hitachi Construction, and AGRICULTBK HADR25. Bialetti Industrie S.p.A. manufacturers and sells coffee pots and makers, and espresso machines in Italy More
BIALETTI INDUSTRIE 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 BIALETTI INDUSTRIE'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 BIALETTI INDUSTRIE upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for BIALETTI INDUSTRIE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BIALETTI INDUSTRIE's standard deviation. In reality, there are many statistical measures that can use BIALETTI INDUSTRIE historical prices to predict the future BIALETTI INDUSTRIE's volatility.
BIALETTI INDUSTRIE appears to be out of control, given 3 months investment horizon. BIALETTI INDUSTRIE retains Efficiency (Sharpe Ratio) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. By examining BIALETTI INDUSTRIE's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please makes use of BIALETTI INDUSTRIE's market risk adjusted performance of (3.57), and Coefficient Of Variation of 1101.38 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BIALETTI INDUSTRIE holds a performance score of 9. The firm owns a Beta (Systematic Risk) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BIALETTI INDUSTRIE are expected to decrease at a much lower rate. During the bear market, BIALETTI INDUSTRIE is likely to outperform the market. Please check BIALETTI INDUSTRIE's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether BIALETTI INDUSTRIE's current price history will revert.
Auto-correlation
0.49
Average predictability
BIALETTI INDUSTRIE has average predictability. Overlapping area represents the amount of predictability between BIALETTI INDUSTRIE time series from 15th of December 2024 to 30th of December 2024 and 30th of December 2024 to 14th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BIALETTI INDUSTRIE price movement. The serial correlation of 0.49 indicates that about 49.0% of current BIALETTI INDUSTRIE price fluctuation can be explain by its past prices.
Correlation Coefficient
0.49
Spearman Rank Test
-0.5
Residual Average
0.0
Price Variance
0.0
BIALETTI INDUSTRIE lagged returns against current returns
Autocorrelation, which is BIALETTI INDUSTRIE 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 BIALETTI INDUSTRIE's stock expected returns. We can calculate the autocorrelation of BIALETTI INDUSTRIE returns to help us make a trade decision. For example, suppose you find that BIALETTI INDUSTRIE 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
BIALETTI INDUSTRIE 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 BIALETTI INDUSTRIE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BIALETTI INDUSTRIE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BIALETTI INDUSTRIE stock over time.
Current vs Lagged Prices
Timeline
BIALETTI INDUSTRIE Lagged Returns
When evaluating BIALETTI INDUSTRIE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BIALETTI INDUSTRIE stock have on its future price. BIALETTI INDUSTRIE 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, BIALETTI INDUSTRIE autocorrelation shows the relationship between BIALETTI INDUSTRIE stock current value and its past values and can show if there is a momentum factor associated with investing in BIALETTI INDUSTRIE.
BIALETTI INDUSTRIE financial ratios help investors to determine whether BIALETTI 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 BIALETTI with respect to the benefits of owning BIALETTI INDUSTRIE security.