Boeing (Germany) Market Value
| BCO Stock | 141.60 4.70 3.43% |
| Symbol | Boeing |
Boeing '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 Boeing'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 Boeing.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Boeing on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding The Boeing or generate 0.0% return on investment in Boeing over 30 days. Boeing is related to or competes with INTERCONT HOTELS, Nippon Steel, NIPPON STEEL, NH HOTEL, Boiron SA, and MIRAMAR HOTEL. More
Boeing 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 Boeing'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 The Boeing upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.22 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 3.43 |
Boeing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boeing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boeing's standard deviation. In reality, there are many statistical measures that can use Boeing historical prices to predict the future Boeing's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Boeing'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.
Boeing Backtested Returns
Boeing secures Sharpe Ratio (or Efficiency) of -0.0527, which signifies that the company had a -0.0527% return per unit of standard deviation over the last 3 months. The Boeing exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Boeing's Risk Adjusted Performance of (0.03), mean deviation of 1.61, and Coefficient Of Variation of (1,896) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Boeing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Boeing is expected to be smaller as well. At this point, Boeing has a negative expected return of -0.12%. Please make sure to confirm Boeing's jensen alpha, accumulation distribution, relative strength index, as well as the relationship between the value at risk and day typical price , to decide if Boeing performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
The Boeing has weak predictability. Overlapping area represents the amount of predictability between Boeing time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Boeing price movement. The serial correlation of 0.21 indicates that over 21.0% of current Boeing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 10.09 |
Boeing lagged returns against current returns
Autocorrelation, which is Boeing 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 Boeing's stock expected returns. We can calculate the autocorrelation of Boeing returns to help us make a trade decision. For example, suppose you find that Boeing 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 |
Boeing 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 Boeing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boeing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boeing stock over time.
Current vs Lagged Prices |
| Timeline |
Boeing Lagged Returns
When evaluating Boeing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boeing stock have on its future price. Boeing 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, Boeing autocorrelation shows the relationship between Boeing stock current value and its past values and can show if there is a momentum factor associated with investing in The Boeing.
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.Additional Tools for Boeing Stock Analysis
When running Boeing's price analysis, check to measure Boeing'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 Boeing is operating at the current time. Most of Boeing's value examination focuses on studying past and present price action to predict the probability of Boeing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boeing's price. Additionally, you may evaluate how the addition of Boeing to your portfolios can decrease your overall portfolio volatility.