Bilfinger Se Adr Stock Market Value
| BFLBY Stock | USD 9.42 0.00 0.00% |
| Symbol | Bilfinger |
Bilfinger '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 Bilfinger's pink sheet 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 Bilfinger.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Bilfinger on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Bilfinger SE ADR or generate 0.0% return on investment in Bilfinger over 180 days. Bilfinger is related to or competes with Aecom Technology, Matrix Service, MYR, Fluor, and EMCOR. Bilfinger SE provides industrial services to customers in the process industry primarily in Europe, North America, and t... More
Bilfinger 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 Bilfinger's pink sheet 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 Bilfinger SE ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 14.05 |
Bilfinger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bilfinger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bilfinger's standard deviation. In reality, there are many statistical measures that can use Bilfinger historical prices to predict the future Bilfinger's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.41) |
Bilfinger SE ADR Backtested Returns
Bilfinger SE ADR secures Sharpe Ratio (or Efficiency) of -0.0563, which signifies that the company had a -0.0563% return per unit of risk over the last 3 months. Bilfinger SE ADR exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bilfinger's Mean Deviation of 0.3824, standard deviation of 1.45, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bilfinger's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bilfinger is expected to be smaller as well. At this point, Bilfinger SE ADR has a negative expected return of -0.0838%. Please make sure to confirm Bilfinger's standard deviation and skewness , to decide if Bilfinger SE ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Bilfinger SE ADR has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bilfinger time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Bilfinger SE ADR price movement. The serial correlation of -0.17 indicates that over 17.0% of current Bilfinger price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Bilfinger SE ADR lagged returns against current returns
Autocorrelation, which is Bilfinger pink sheet'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 Bilfinger's pink sheet expected returns. We can calculate the autocorrelation of Bilfinger returns to help us make a trade decision. For example, suppose you find that Bilfinger has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Bilfinger 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 Bilfinger pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bilfinger pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bilfinger pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bilfinger Lagged Returns
When evaluating Bilfinger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bilfinger pink sheet have on its future price. Bilfinger 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, Bilfinger autocorrelation shows the relationship between Bilfinger pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bilfinger SE ADR.
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 Bilfinger Pink Sheet Analysis
When running Bilfinger's price analysis, check to measure Bilfinger'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 Bilfinger is operating at the current time. Most of Bilfinger's value examination focuses on studying past and present price action to predict the probability of Bilfinger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bilfinger's price. Additionally, you may evaluate how the addition of Bilfinger to your portfolios can decrease your overall portfolio volatility.