Borges Agricultural (Spain) Market Value
| BAIN Stock | EUR 2.92 0.04 1.35% |
| Symbol | Borges |
Borges Agricultural '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 Borges Agricultural'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 Borges Agricultural.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Borges Agricultural on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Borges Agricultural Industrial or generate 0.0% return on investment in Borges Agricultural over 60 days. Borges Agricultural is related to or competes with Pescanova, Viscofan, Metrovacesa, Elecnor SA, Mapfre, Coca Cola, and Cellnex Telecom. Borges Agricultural Industrial Nuts, S.A More
Borges Agricultural 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 Borges Agricultural'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 Borges Agricultural Industrial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0061 | |||
| Maximum Drawdown | 21.2 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 1.37 |
Borges Agricultural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Borges Agricultural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Borges Agricultural's standard deviation. In reality, there are many statistical measures that can use Borges Agricultural historical prices to predict the future Borges Agricultural's volatility.| Risk Adjusted Performance | 0.0539 | |||
| Jensen Alpha | 0.1421 | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (2.35) |
Borges Agricultural Backtested Returns
At this point, Borges Agricultural is relatively risky. Borges Agricultural secures Sharpe Ratio (or Efficiency) of 0.0625, which signifies that the company had a 0.0625% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Borges Agricultural Industrial, which you can use to evaluate the volatility of the firm. Please confirm Borges Agricultural's Standard Deviation of 2.36, risk adjusted performance of 0.0539, and Mean Deviation of 0.755 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Borges Agricultural has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0575, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Borges Agricultural are expected to decrease at a much lower rate. During the bear market, Borges Agricultural is likely to outperform the market. Borges Agricultural right now shows a risk of 2.4%. Please confirm Borges Agricultural value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Borges Agricultural will be following its price patterns.
Auto-correlation | 0.08 |
Virtually no predictability
Borges Agricultural Industrial has virtually no predictability. Overlapping area represents the amount of predictability between Borges Agricultural time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Borges Agricultural price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Borges Agricultural price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Borges Agricultural lagged returns against current returns
Autocorrelation, which is Borges Agricultural 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 Borges Agricultural's stock expected returns. We can calculate the autocorrelation of Borges Agricultural returns to help us make a trade decision. For example, suppose you find that Borges Agricultural 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 |
Borges Agricultural 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 Borges Agricultural stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Borges Agricultural stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Borges Agricultural stock over time.
Current vs Lagged Prices |
| Timeline |
Borges Agricultural Lagged Returns
When evaluating Borges Agricultural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Borges Agricultural stock have on its future price. Borges Agricultural 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, Borges Agricultural autocorrelation shows the relationship between Borges Agricultural stock current value and its past values and can show if there is a momentum factor associated with investing in Borges Agricultural Industrial.
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.Other Information on Investing in Borges Stock
Borges Agricultural financial ratios help investors to determine whether Borges 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 Borges with respect to the benefits of owning Borges Agricultural security.