Bains Mer (France) Market Value
| BAIN Stock | EUR 106.50 1.50 1.43% |
| Symbol | Bains |
Bains Mer '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 Bains Mer'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 Bains Mer.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Bains Mer on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Bains Mer Monaco or generate 0.0% return on investment in Bains Mer over 30 days. Bains Mer is related to or competes with Vente Unique, Groupe Sfpi, Cegedim SA, SA Catana, and Burelle SA. Socit Anonyme des Bains de Mer et du Cercle des trangers Monaco operates in the gaming, hotels, and rental sectors in Mo... More
Bains Mer 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 Bains Mer'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 Bains Mer Monaco upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.58 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.97 |
Bains Mer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bains Mer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bains Mer's standard deviation. In reality, there are many statistical measures that can use Bains Mer historical prices to predict the future Bains Mer's volatility.| Risk Adjusted Performance | 9.0E-4 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.04) |
Bains Mer Monaco Backtested Returns
Bains Mer Monaco secures Sharpe Ratio (or Efficiency) of -0.0063, which signifies that the company had a -0.0063% return per unit of risk over the last 3 months. Bains Mer Monaco exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bains Mer's Risk Adjusted Performance of 9.0E-4, standard deviation of 1.81, and Mean Deviation of 1.35 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bains Mer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bains Mer is expected to be smaller as well. At this point, Bains Mer Monaco has a negative expected return of -0.0115%. Please make sure to confirm Bains Mer's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Bains Mer Monaco performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Bains Mer Monaco has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bains Mer time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Bains Mer Monaco price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Bains Mer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.83 |
Bains Mer Monaco lagged returns against current returns
Autocorrelation, which is Bains Mer 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 Bains Mer's stock expected returns. We can calculate the autocorrelation of Bains Mer returns to help us make a trade decision. For example, suppose you find that Bains Mer 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 |
Bains Mer 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 Bains Mer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bains Mer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bains Mer stock over time.
Current vs Lagged Prices |
| Timeline |
Bains Mer Lagged Returns
When evaluating Bains Mer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bains Mer stock have on its future price. Bains Mer 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, Bains Mer autocorrelation shows the relationship between Bains Mer stock current value and its past values and can show if there is a momentum factor associated with investing in Bains Mer Monaco.
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.Other Information on Investing in Bains Stock
Bains Mer financial ratios help investors to determine whether Bains 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 Bains with respect to the benefits of owning Bains Mer security.