Balyo SA (France) Market Value
| BALYO Stock | EUR 0.29 0.02 7.41% |
| Symbol | Balyo |
Balyo SA '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 Balyo SA'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 Balyo SA.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Balyo SA on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Balyo SA or generate 0.0% return on investment in Balyo SA over 30 days. Balyo SA is related to or competes with Prodways Group, Claranova, and DBV Technologies. Balyo S.A. designs, develops, and markets material handling robots worldwide More
Balyo SA 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 Balyo SA'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 Balyo SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 20.14 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 6.25 |
Balyo SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Balyo SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Balyo SA's standard deviation. In reality, there are many statistical measures that can use Balyo SA historical prices to predict the future Balyo SA's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.79) | |||
| Total Risk Alpha | (1.40) | |||
| Treynor Ratio | (6.72) |
Balyo SA Backtested Returns
Balyo SA secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. Balyo SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Balyo SA's Risk Adjusted Performance of (0.14), mean deviation of 2.75, and Standard Deviation of 4.0 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Balyo SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Balyo SA is expected to be smaller as well. At this point, Balyo SA has a negative expected return of -0.79%. Please make sure to confirm Balyo SA's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Balyo SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Balyo SA has weak predictability. Overlapping area represents the amount of predictability between Balyo SA time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Balyo SA price movement. The serial correlation of 0.2 indicates that over 20.0% of current Balyo SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Balyo SA lagged returns against current returns
Autocorrelation, which is Balyo SA 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 Balyo SA's stock expected returns. We can calculate the autocorrelation of Balyo SA returns to help us make a trade decision. For example, suppose you find that Balyo SA 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 |
Balyo SA 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 Balyo SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Balyo SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Balyo SA stock over time.
Current vs Lagged Prices |
| Timeline |
Balyo SA Lagged Returns
When evaluating Balyo SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Balyo SA stock have on its future price. Balyo SA 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, Balyo SA autocorrelation shows the relationship between Balyo SA stock current value and its past values and can show if there is a momentum factor associated with investing in Balyo SA.
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 Balyo Stock Analysis
When running Balyo SA's price analysis, check to measure Balyo SA'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 Balyo SA is operating at the current time. Most of Balyo SA's value examination focuses on studying past and present price action to predict the probability of Balyo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Balyo SA's price. Additionally, you may evaluate how the addition of Balyo SA to your portfolios can decrease your overall portfolio volatility.