BAG Films' market value is the price at which a share of BAG Films trades on a public exchange. It measures the collective expectations of BAG Films and investors about its performance. BAG Films is selling at 8.98 as of the 15th of January 2025; that is 0.11 percent increase since the beginning of the trading day. The stock's lowest day price was 8.52. With this module, you can estimate the performance of a buy and hold strategy of BAG Films and and determine expected loss or profit from investing in BAG Films over a given investment horizon. Check out BAG Films Correlation, BAG Films Volatility and BAG Films Alpha and Beta module to complement your research on BAG Films.
Please note, there is a significant difference between BAG Films' value and its price as these two are different measures arrived at by different means. Investors typically determine if BAG Films is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BAG Films' 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.
BAG Films '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 BAG Films' 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 BAG Films.
0.00
12/16/2024
No Change 0.00
0.0
In 31 days
01/15/2025
0.00
If you would invest 0.00 in BAG Films on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding BAG Films and or generate 0.0% return on investment in BAG Films over 30 days. BAG Films is related to or competes with State Bank, Life Insurance, HDFC Bank, ICICI Bank, and Reliance Industries. BAG Films is entity of India. It is traded as Stock on NSE exchange. More
BAG Films 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 BAG Films' 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 BAG Films and 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 BAG Films' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BAG Films' standard deviation. In reality, there are many statistical measures that can use BAG Films historical prices to predict the future BAG Films' volatility.
BAG Films secures Sharpe Ratio (or Efficiency) of -0.0923, which signifies that the company had a -0.0923% return per unit of risk over the last 3 months. BAG Films and exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BAG Films' mean deviation of 2.34, and Variance of 10.51 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BAG Films are expected to decrease at a much lower rate. During the bear market, BAG Films is likely to outperform the market. At this point, BAG Films has a negative expected return of -0.3%. Please make sure to confirm BAG Films' information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if BAG Films performance from the past will be repeated at some future date.
Auto-correlation
0.71
Good predictability
BAG Films and has good predictability. Overlapping area represents the amount of predictability between BAG Films time series from 16th of December 2024 to 31st of December 2024 and 31st of December 2024 to 15th 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 BAG Films price movement. The serial correlation of 0.71 indicates that around 71.0% of current BAG Films price fluctuation can be explain by its past prices.
Correlation Coefficient
0.71
Spearman Rank Test
0.82
Residual Average
0.0
Price Variance
0.23
BAG Films lagged returns against current returns
Autocorrelation, which is BAG Films 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 BAG Films' stock expected returns. We can calculate the autocorrelation of BAG Films returns to help us make a trade decision. For example, suppose you find that BAG Films 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
BAG Films 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 BAG Films stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BAG Films stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BAG Films stock over time.
Current vs Lagged Prices
Timeline
BAG Films Lagged Returns
When evaluating BAG Films' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BAG Films stock have on its future price. BAG Films 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, BAG Films autocorrelation shows the relationship between BAG Films stock current value and its past values and can show if there is a momentum factor associated with investing in BAG Films and.
Regressed Prices
Timeline
Also Currently Popular
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.
BAG Films financial ratios help investors to determine whether BAG 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 BAG with respect to the benefits of owning BAG Films security.