Barratt Developments (Germany) Market Value
| 3BA Stock | EUR 4.84 0.13 2.76% |
| Symbol | Barratt |
Barratt Developments '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 Barratt Developments' 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 Barratt Developments.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Barratt Developments on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Barratt Developments plc or generate 0.0% return on investment in Barratt Developments over 30 days. Barratt Developments is related to or competes with NVR, and PulteGroup. Barratt Developments PLC engages in the housebuilding and commercial development businesses in Great Britain More
Barratt Developments 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 Barratt Developments' 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 Barratt Developments plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 11.04 | |||
| Value At Risk | (3.74) | |||
| Potential Upside | 2.76 |
Barratt Developments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barratt Developments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barratt Developments' standard deviation. In reality, there are many statistical measures that can use Barratt Developments historical prices to predict the future Barratt Developments' volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (1.68) |
Barratt Developments plc Backtested Returns
Barratt Developments plc secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Barratt Developments plc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Barratt Developments' Mean Deviation of 1.55, risk adjusted performance of (0.13), and Standard Deviation of 2.05 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Barratt Developments' returns are expected to increase less than the market. However, during the bear market, the loss of holding Barratt Developments is expected to be smaller as well. At this point, Barratt Developments plc has a negative expected return of -0.27%. Please make sure to confirm Barratt Developments' jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Barratt Developments plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
Barratt Developments plc has modest predictability. Overlapping area represents the amount of predictability between Barratt Developments time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Barratt Developments plc price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Barratt Developments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Barratt Developments plc lagged returns against current returns
Autocorrelation, which is Barratt Developments 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 Barratt Developments' stock expected returns. We can calculate the autocorrelation of Barratt Developments returns to help us make a trade decision. For example, suppose you find that Barratt Developments 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 |
Barratt Developments 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 Barratt Developments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barratt Developments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barratt Developments stock over time.
Current vs Lagged Prices |
| Timeline |
Barratt Developments Lagged Returns
When evaluating Barratt Developments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barratt Developments stock have on its future price. Barratt Developments 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, Barratt Developments autocorrelation shows the relationship between Barratt Developments stock current value and its past values and can show if there is a momentum factor associated with investing in Barratt Developments plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Barratt Stock
Barratt Developments financial ratios help investors to determine whether Barratt 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 Barratt with respect to the benefits of owning Barratt Developments security.