Bce Inc Stock Market Value
| BCE Stock | USD 26.68 0.32 1.19% |
| Symbol | BCE |
BCE Inc Price To Book Ratio
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BCE. If investors know BCE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BCE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.632 | Dividend Share 3.96 | Earnings Share 0.06 | Revenue Per Share 26.812 | Quarterly Revenue Growth (0.02) |
The market value of BCE Inc is measured differently than its book value, which is the value of BCE that is recorded on the company's balance sheet. Investors also form their own opinion of BCE's value that differs from its market value or its book value, called intrinsic value, which is BCE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BCE's market value can be influenced by many factors that don't directly affect BCE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BCE '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 BCE'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 BCE.
| 08/23/2024 |
| 11/21/2024 |
If you would invest 0.00 in BCE on August 23, 2024 and sell it all today you would earn a total of 0.00 from holding BCE Inc or generate 0.0% return on investment in BCE over 90 days. BCE is related to or competes with Rogers Communications, Orange SA, America Movil, Telus Corp, Telefonica Brasil, Telefonica, and Verizon Communications. BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television services to resi... More
BCE 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 BCE'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 BCE Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 12.47 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.53 |
BCE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BCE's standard deviation. In reality, there are many statistical measures that can use BCE historical prices to predict the future BCE's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (2.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BCE's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BCE Inc Backtested Returns
BCE Inc secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25% return per unit of risk over the last 3 months. BCE Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BCE's mean deviation of 0.8494, and Variance of 2.23 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BCE's returns are expected to increase less than the market. However, during the bear market, the loss of holding BCE is expected to be smaller as well. At this point, BCE Inc has a negative expected return of -0.38%. Please make sure to confirm BCE's coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if BCE Inc performance from the past will be repeated at some future date.
Auto-correlation | 0.22 |
Weak predictability
BCE Inc has weak predictability. Overlapping area represents the amount of predictability between BCE time series from 23rd of August 2024 to 7th of October 2024 and 7th of October 2024 to 21st 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 BCE Inc price movement. The serial correlation of 0.22 indicates that over 22.0% of current BCE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 6.37 |
BCE Inc lagged returns against current returns
Autocorrelation, which is BCE 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 BCE's stock expected returns. We can calculate the autocorrelation of BCE returns to help us make a trade decision. For example, suppose you find that BCE 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 |
BCE 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 BCE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BCE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BCE stock over time.
Current vs Lagged Prices |
| Timeline |
BCE Lagged Returns
When evaluating BCE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BCE stock have on its future price. BCE 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, BCE autocorrelation shows the relationship between BCE stock current value and its past values and can show if there is a momentum factor associated with investing in BCE Inc.
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.When determining whether BCE Inc is a strong investment it is important to analyze BCE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:Check out BCE Correlation, BCE Volatility and BCE Alpha and Beta module to complement your research on BCE. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
BCE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.