BARRATT DEVEL (Germany) Market Value
| 3BAA Stock | EUR 9.20 0.05 0.54% |
| Symbol | BARRATT |
BARRATT DEVEL '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 DEVEL'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 BARRATT DEVEL.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in BARRATT DEVEL on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding BARRATT DEVEL UNSPADR2 or generate 0.0% return on investment in BARRATT DEVEL over 720 days. BARRATT DEVEL is related to or competes with Laureate Education, AAC TECHNOLOGHLDGADR, Uber Technologies, Grand Canyon, EMBARK EDUCATION, and Digilife Technologies. Barratt Developments plc engages in the housebuilding and commercial development businesses in Great Britain More
BARRATT DEVEL 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 DEVEL'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 BARRATT DEVEL UNSPADR2 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 13.22 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.65 |
BARRATT DEVEL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BARRATT DEVEL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BARRATT DEVEL's standard deviation. In reality, there are many statistical measures that can use BARRATT DEVEL historical prices to predict the future BARRATT DEVEL's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.56) |
BARRATT DEVEL UNSPADR2 Backtested Returns
BARRATT DEVEL UNSPADR2 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. BARRATT DEVEL UNSPADR2 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BARRATT DEVEL's Mean Deviation of 1.38, variance of 3.79, and Coefficient Of Variation of (1,011) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BARRATT DEVEL's returns are expected to increase less than the market. However, during the bear market, the loss of holding BARRATT DEVEL is expected to be smaller as well. At this point, BARRATT DEVEL UNSPADR2 has a negative expected return of -0.22%. Please make sure to confirm BARRATT DEVEL's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if BARRATT DEVEL UNSPADR2 performance from the past will be repeated in the future.
Auto-correlation | -0.47 |
Modest reverse predictability
BARRATT DEVEL UNSPADR2 has modest reverse predictability. Overlapping area represents the amount of predictability between BARRATT DEVEL time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 DEVEL UNSPADR2 price movement. The serial correlation of -0.47 indicates that about 47.0% of current BARRATT DEVEL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
BARRATT DEVEL UNSPADR2 lagged returns against current returns
Autocorrelation, which is BARRATT DEVEL 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 DEVEL's stock expected returns. We can calculate the autocorrelation of BARRATT DEVEL returns to help us make a trade decision. For example, suppose you find that BARRATT DEVEL 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 DEVEL 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 DEVEL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BARRATT DEVEL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BARRATT DEVEL stock over time.
Current vs Lagged Prices |
| Timeline |
BARRATT DEVEL Lagged Returns
When evaluating BARRATT DEVEL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BARRATT DEVEL stock have on its future price. BARRATT DEVEL 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 DEVEL autocorrelation shows the relationship between BARRATT DEVEL stock current value and its past values and can show if there is a momentum factor associated with investing in BARRATT DEVEL UNSPADR2.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BARRATT Stock
BARRATT DEVEL 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 DEVEL security.