Balfour Beatty (UK) Market Value
| BBY Stock | 450.40 3.00 0.66% |
| Symbol | Balfour |
Balfour Beatty '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 Balfour Beatty'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 Balfour Beatty.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Balfour Beatty on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Balfour Beatty plc or generate 0.0% return on investment in Balfour Beatty over 180 days. Balfour Beatty is related to or competes with Lords Grp, Taylor Maritime, TR Property, Tatton Asset, Target Healthcare, and Mercantile Investment. Balfour Beatty is entity of United Kingdom More
Balfour Beatty 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 Balfour Beatty'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 Balfour Beatty plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.95 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.82 |
Balfour Beatty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Balfour Beatty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Balfour Beatty's standard deviation. In reality, there are many statistical measures that can use Balfour Beatty historical prices to predict the future Balfour Beatty's volatility.| Risk Adjusted Performance | 0.0858 | |||
| Jensen Alpha | 0.1245 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (3.17) |
Balfour Beatty plc Backtested Returns
At this point, Balfour Beatty is very steady. Balfour Beatty plc secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Balfour Beatty plc, which you can use to evaluate the volatility of the firm. Please confirm Balfour Beatty's Mean Deviation of 1.0, risk adjusted performance of 0.0858, and Downside Deviation of 1.17 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Balfour Beatty has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0378, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Balfour Beatty are expected to decrease at a much lower rate. During the bear market, Balfour Beatty is likely to outperform the market. Balfour Beatty plc right now shows a risk of 1.2%. Please confirm Balfour Beatty plc standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to decide if Balfour Beatty plc will be following its price patterns.
Auto-correlation | 0.81 |
Very good predictability
Balfour Beatty plc has very good predictability. Overlapping area represents the amount of predictability between Balfour Beatty time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Balfour Beatty plc price movement. The serial correlation of 0.81 indicates that around 81.0% of current Balfour Beatty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 156.98 |
Balfour Beatty plc lagged returns against current returns
Autocorrelation, which is Balfour Beatty 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 Balfour Beatty's stock expected returns. We can calculate the autocorrelation of Balfour Beatty returns to help us make a trade decision. For example, suppose you find that Balfour Beatty 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 |
Balfour Beatty 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 Balfour Beatty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Balfour Beatty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Balfour Beatty stock over time.
Current vs Lagged Prices |
| Timeline |
Balfour Beatty Lagged Returns
When evaluating Balfour Beatty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Balfour Beatty stock have on its future price. Balfour Beatty 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, Balfour Beatty autocorrelation shows the relationship between Balfour Beatty stock current value and its past values and can show if there is a momentum factor associated with investing in Balfour Beatty plc.
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 Balfour Stock
Balfour Beatty financial ratios help investors to determine whether Balfour 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 Balfour with respect to the benefits of owning Balfour Beatty security.