BA69 (UK) Market Value
| BA69 Stock | 87.96 0.00 0.00% |
| Symbol | BA69 |
Please note, there is a significant difference between BA69's value and its price as these two are different measures arrived at by different means. Investors typically determine if BA69 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BA69'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.
BA69 '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 BA69'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 BA69.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in BA69 on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding BA69 or generate 0.0% return on investment in BA69 over 30 days. BA69 is related to or competes with Aeorema Communications, Eco Animal, HCA Healthcare, Zoom Video, Infrastrutture Wireless, Planet Fitness, and Omega Healthcare. BA69 is entity of United Kingdom. It is traded as Stock on LSE exchange. More
BA69 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 BA69'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 BA69 upside and downside potential and time the market with a certain degree of confidence.
BA69 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BA69's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BA69's standard deviation. In reality, there are many statistical measures that can use BA69 historical prices to predict the future BA69's volatility.BA69 Backtested Returns
We have found six technical indicators for BA69, which you can use to evaluate the volatility of the entity. Please confirm BA69's Day Typical Price of 58.93, rate of daily change of 1.0, and Price Action Indicator of 43.54 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. The firm owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and BA69 are completely uncorrelated. BA69 today owns a risk of 0.0%. Please confirm BA69 rate of daily change, as well as the relationship between the market facilitation index and price action indicator , to decide if BA69 will be following its current price history.
Auto-correlation | 0.00 |
No correlation between past and present
BA69 has no correlation between past and present. Overlapping area represents the amount of predictability between BA69 time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 BA69 price movement. The serial correlation of 0.0 indicates that just 0.0% of current BA69 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BA69 lagged returns against current returns
Autocorrelation, which is BA69 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 BA69's stock expected returns. We can calculate the autocorrelation of BA69 returns to help us make a trade decision. For example, suppose you find that BA69 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 |
BA69 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 BA69 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BA69 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BA69 stock over time.
Current vs Lagged Prices |
| Timeline |
BA69 Lagged Returns
When evaluating BA69's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BA69 stock have on its future price. BA69 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, BA69 autocorrelation shows the relationship between BA69 stock current value and its past values and can show if there is a momentum factor associated with investing in BA69.
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 BA69 Stock Analysis
When running BA69's price analysis, check to measure BA69'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 BA69 is operating at the current time. Most of BA69's value examination focuses on studying past and present price action to predict the probability of BA69's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BA69's price. Additionally, you may evaluate how the addition of BA69 to your portfolios can decrease your overall portfolio volatility.