Bnteau SA (France) Market Value
| BEN Stock | EUR 7.63 0.52 6.38% |
| Symbol | Bnteau |
Bnteau SA '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 Bnteau SA'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 Bnteau SA.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Bnteau SA on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Bnteau SA or generate 0.0% return on investment in Bnteau SA over 570 days. Bnteau SA is related to or competes with Trigano SA, Bonduelle SCA, Socit BIC, Imerys SA, and Alten SA. Bnteau S.A. designs, manufactures, and sells boats and mobile homes in France and internationally More
Bnteau SA 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 Bnteau SA'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 Bnteau SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 21.13 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 2.86 |
Bnteau SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bnteau SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bnteau SA's standard deviation. In reality, there are many statistical measures that can use Bnteau SA historical prices to predict the future Bnteau SA's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.33) |
Bnteau SA Backtested Returns
Bnteau SA secures Sharpe Ratio (or Efficiency) of -0.0665, which signifies that the company had a -0.0665% return per unit of risk over the last 3 months. Bnteau SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bnteau SA's Standard Deviation of 3.33, mean deviation of 2.09, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bnteau SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bnteau SA is expected to be smaller as well. At this point, Bnteau SA has a negative expected return of -0.23%. Please make sure to confirm Bnteau SA's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Bnteau SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.86 |
Very good predictability
Bnteau SA has very good predictability. Overlapping area represents the amount of predictability between Bnteau SA time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th 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 Bnteau SA price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Bnteau SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 2.39 |
Bnteau SA lagged returns against current returns
Autocorrelation, which is Bnteau SA 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 Bnteau SA's stock expected returns. We can calculate the autocorrelation of Bnteau SA returns to help us make a trade decision. For example, suppose you find that Bnteau SA 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 |
Bnteau SA 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 Bnteau SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bnteau SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bnteau SA stock over time.
Current vs Lagged Prices |
| Timeline |
Bnteau SA Lagged Returns
When evaluating Bnteau SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bnteau SA stock have on its future price. Bnteau SA 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, Bnteau SA autocorrelation shows the relationship between Bnteau SA stock current value and its past values and can show if there is a momentum factor associated with investing in Bnteau SA.
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 Bnteau Stock
Bnteau SA financial ratios help investors to determine whether Bnteau 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 Bnteau with respect to the benefits of owning Bnteau SA security.