Bardella (Brazil) Market Value
| BDLL4 Preferred Stock | BRL 8.80 0.20 2.22% |
| Symbol | Bardella |
Bardella '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 Bardella's preferred 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 Bardella.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Bardella on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Bardella SA Indstrias or generate 0.0% return on investment in Bardella over 90 days. Bardella is related to or competes with Inepar SA, Bombril SA, Electro Ao, Companhia, and Eternit SA. Indstrias Mecnicas manufactures and supplies equipment for the metallurgy, energy, oil and gas, materials handling, serv... More
Bardella 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 Bardella's preferred 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 Bardella SA Indstrias upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 15.66 | |||
| Value At Risk | (2.22) |
Bardella Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bardella's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bardella's standard deviation. In reality, there are many statistical measures that can use Bardella historical prices to predict the future Bardella's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.73) |
Bardella SA Indstrias Backtested Returns
Bardella SA Indstrias secures Sharpe Ratio (or Efficiency) of -0.051, which signifies that the company had a -0.051% return per unit of risk over the last 3 months. Bardella SA Indstrias exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bardella's Standard Deviation of 1.77, mean deviation of 0.6015, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bardella's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bardella is expected to be smaller as well. At this point, Bardella SA Indstrias has a negative expected return of -0.0909%. Please make sure to confirm Bardella's value at risk, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Bardella SA Indstrias performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Bardella SA Indstrias has weak predictability. Overlapping area represents the amount of predictability between Bardella time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 Bardella SA Indstrias price movement. The serial correlation of 0.21 indicates that over 21.0% of current Bardella price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Bardella SA Indstrias lagged returns against current returns
Autocorrelation, which is Bardella preferred 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 Bardella's preferred stock expected returns. We can calculate the autocorrelation of Bardella returns to help us make a trade decision. For example, suppose you find that Bardella has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Bardella 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 Bardella preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bardella preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bardella preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Bardella Lagged Returns
When evaluating Bardella's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bardella preferred stock have on its future price. Bardella 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, Bardella autocorrelation shows the relationship between Bardella preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Bardella SA Indstrias.
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 Bardella Preferred Stock Analysis
When running Bardella's price analysis, check to measure Bardella'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 Bardella is operating at the current time. Most of Bardella's value examination focuses on studying past and present price action to predict the probability of Bardella's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bardella's price. Additionally, you may evaluate how the addition of Bardella to your portfolios can decrease your overall portfolio volatility.