Bharat Bijlee (India) Market Value
| BBL Stock | 2,955 99.00 3.24% |
| Symbol | Bharat |
Bharat Bijlee '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 Bharat Bijlee'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 Bharat Bijlee.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Bharat Bijlee on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Bharat Bijlee Limited or generate 0.0% return on investment in Bharat Bijlee over 720 days. Bharat Bijlee is related to or competes with Tree House, Tips Music, G Tec, Osia Hyper, Sonata Software, and Cantabil Retail. Bharat Bijlee is entity of India. It is traded as Stock on NSE exchange. More
Bharat Bijlee 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 Bharat Bijlee'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 Bharat Bijlee Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 21.09 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 4.1 |
Bharat Bijlee Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bharat Bijlee's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bharat Bijlee's standard deviation. In reality, there are many statistical measures that can use Bharat Bijlee historical prices to predict the future Bharat Bijlee's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (1.02) |
Bharat Bijlee Limited Backtested Returns
Bharat Bijlee Limited secures Sharpe Ratio (or Efficiency) of -0.0856, which signifies that the company had a -0.0856 % return per unit of standard deviation over the last 3 months. Bharat Bijlee Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bharat Bijlee's risk adjusted performance of (0.05), and Mean Deviation of 2.49 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bharat Bijlee's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bharat Bijlee is expected to be smaller as well. At this point, Bharat Bijlee Limited has a negative expected return of -0.32%. Please make sure to confirm Bharat Bijlee's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if Bharat Bijlee Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Bharat Bijlee Limited has virtually no predictability. Overlapping area represents the amount of predictability between Bharat Bijlee time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 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 Bharat Bijlee Limited price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Bharat Bijlee price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 637.3 K |
Bharat Bijlee Limited lagged returns against current returns
Autocorrelation, which is Bharat Bijlee 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 Bharat Bijlee's stock expected returns. We can calculate the autocorrelation of Bharat Bijlee returns to help us make a trade decision. For example, suppose you find that Bharat Bijlee 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 |
Bharat Bijlee 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 Bharat Bijlee stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bharat Bijlee stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bharat Bijlee stock over time.
Current vs Lagged Prices |
| Timeline |
Bharat Bijlee Lagged Returns
When evaluating Bharat Bijlee's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bharat Bijlee stock have on its future price. Bharat Bijlee 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, Bharat Bijlee autocorrelation shows the relationship between Bharat Bijlee stock current value and its past values and can show if there is a momentum factor associated with investing in Bharat Bijlee Limited.
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 Bharat Stock
Bharat Bijlee financial ratios help investors to determine whether Bharat 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 Bharat with respect to the benefits of owning Bharat Bijlee security.