BF Utilities (India) Market Value
| BFUTILITIE | 958.55 2.70 0.28% |
| Symbol | BFUTILITIE |
BF Utilities '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 BF Utilities' 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 BF Utilities.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in BF Utilities on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding BF Utilities Limited or generate 0.0% return on investment in BF Utilities over 30 days. BF Utilities is related to or competes with Reliance Industries, State Bank, HDFC Bank, Oil Natural, and Tata Consultancy. BF Utilities is entity of India. It is traded as Stock on NSE exchange. More
BF Utilities 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 BF Utilities' 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 BF Utilities Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.19 | |||
| Information Ratio | 0.0505 | |||
| Maximum Drawdown | 28.12 | |||
| Value At Risk | (5.16) | |||
| Potential Upside | 6.41 |
BF Utilities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BF Utilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BF Utilities' standard deviation. In reality, there are many statistical measures that can use BF Utilities historical prices to predict the future BF Utilities' volatility.| Risk Adjusted Performance | 0.0716 | |||
| Jensen Alpha | 0.2386 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0635 | |||
| Treynor Ratio | 0.4601 |
BF Utilities Limited Backtested Returns
BF Utilities appears to be very steady, given 3 months investment horizon. BF Utilities Limited retains Efficiency (Sharpe Ratio) of 0.099, which signifies that the company had a 0.099% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for BF Utilities, which you can use to evaluate the volatility of the firm. Please makes use of BF Utilities' Market Risk Adjusted Performance of 0.4701, coefficient of variation of 1204.5, and Standard Deviation of 4.01 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BF Utilities holds a performance score of 7. The firm owns a Beta (Systematic Risk) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BF Utilities' returns are expected to increase less than the market. However, during the bear market, the loss of holding BF Utilities is expected to be smaller as well. Please check BF Utilities' coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether BF Utilities' current price history will revert.
Auto-correlation | 0.84 |
Very good predictability
BF Utilities Limited has very good predictability. Overlapping area represents the amount of predictability between BF Utilities time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 BF Utilities Limited price movement. The serial correlation of 0.84 indicates that around 84.0% of current BF Utilities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 114.3 |
BF Utilities Limited lagged returns against current returns
Autocorrelation, which is BF Utilities 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 BF Utilities' stock expected returns. We can calculate the autocorrelation of BF Utilities returns to help us make a trade decision. For example, suppose you find that BF Utilities 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 |
BF Utilities 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 BF Utilities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BF Utilities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BF Utilities stock over time.
Current vs Lagged Prices |
| Timeline |
BF Utilities Lagged Returns
When evaluating BF Utilities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BF Utilities stock have on its future price. BF Utilities 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, BF Utilities autocorrelation shows the relationship between BF Utilities stock current value and its past values and can show if there is a momentum factor associated with investing in BF Utilities Limited.
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 BFUTILITIE Stock
BF Utilities financial ratios help investors to determine whether BFUTILITIE 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 BFUTILITIE with respect to the benefits of owning BF Utilities security.