Bayerische Motoren (Germany) Market Value
| BMW3 Stock | 64.50 1.40 2.22% |
| Symbol | Bayerische |
Bayerische Motoren '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 Bayerische Motoren'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 Bayerische Motoren.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Bayerische Motoren on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Bayerische Motoren Werke or generate 0.0% return on investment in Bayerische Motoren over 180 days. Bayerische Motoren is related to or competes with EAGLE MATERIALS, Summit Materials, Singapore Telecommunicatio, Compagnie Plastic, and Rayonier Advanced. More
Bayerische Motoren 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 Bayerische Motoren'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 Bayerische Motoren Werke upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 10.43 | |||
| Value At Risk | (2.85) | |||
| Potential Upside | 2.93 |
Bayerische Motoren Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bayerische Motoren's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bayerische Motoren's standard deviation. In reality, there are many statistical measures that can use Bayerische Motoren historical prices to predict the future Bayerische Motoren's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | 1.52 |
Bayerische Motoren Werke Backtested Returns
Bayerische Motoren Werke secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Bayerische Motoren Werke exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bayerische Motoren's Mean Deviation of 1.43, risk adjusted performance of (0.09), and Standard Deviation of 2.14 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bayerische Motoren are expected to decrease at a much lower rate. During the bear market, Bayerische Motoren is likely to outperform the market. At this point, Bayerische Motoren Werke has a negative expected return of -0.26%. Please make sure to confirm Bayerische Motoren's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Bayerische Motoren Werke performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Bayerische Motoren Werke has good predictability. Overlapping area represents the amount of predictability between Bayerische Motoren time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Bayerische Motoren Werke price movement. The serial correlation of 0.78 indicates that around 78.0% of current Bayerische Motoren price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 17.7 |
Bayerische Motoren Werke lagged returns against current returns
Autocorrelation, which is Bayerische Motoren 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 Bayerische Motoren's stock expected returns. We can calculate the autocorrelation of Bayerische Motoren returns to help us make a trade decision. For example, suppose you find that Bayerische Motoren 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 |
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Bayerische Motoren 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 Bayerische Motoren stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bayerische Motoren stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bayerische Motoren stock over time.
Current vs Lagged Prices |
| Timeline |
Bayerische Motoren Lagged Returns
When evaluating Bayerische Motoren's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bayerische Motoren stock have on its future price. Bayerische Motoren 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, Bayerische Motoren autocorrelation shows the relationship between Bayerische Motoren stock current value and its past values and can show if there is a momentum factor associated with investing in Bayerische Motoren Werke.
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 Bayerische Stock
Bayerische Motoren financial ratios help investors to determine whether Bayerische 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 Bayerische with respect to the benefits of owning Bayerische Motoren security.