Bunzl PLC (UK) Market Value
| BNZL Stock | 3,434 8.00 0.23% |
| Symbol | Bunzl |
Bunzl PLC '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 Bunzl PLC'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 Bunzl PLC.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Bunzl PLC on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Bunzl PLC or generate 0.0% return on investment in Bunzl PLC over 30 days. Bunzl PLC is related to or competes with Young Cos, Universal Display, Verizon Communications, Fevertree Drinks, Auto Trader, and Batm Advanced. Bunzl PLC is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Bunzl PLC 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 Bunzl PLC'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 Bunzl PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.68 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.43 |
Bunzl PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bunzl PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bunzl PLC's standard deviation. In reality, there are many statistical measures that can use Bunzl PLC historical prices to predict the future Bunzl PLC's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.13) |
Bunzl PLC Backtested Returns
Bunzl PLC secures Sharpe Ratio (or Efficiency) of -0.0132, which signifies that the company had a -0.0132 % return per unit of risk over the last 3 months. Bunzl PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bunzl PLC's Mean Deviation of 0.7736, standard deviation of 1.12, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bunzl PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bunzl PLC is expected to be smaller as well. At this point, Bunzl PLC has a negative expected return of -0.0151%. Please make sure to confirm Bunzl PLC's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Bunzl PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.83 |
Excellent reverse predictability
Bunzl PLC has excellent reverse predictability. Overlapping area represents the amount of predictability between Bunzl PLC time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bunzl PLC price movement. The serial correlation of -0.83 indicates that around 83.0% of current Bunzl PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 3216.89 |
Bunzl PLC lagged returns against current returns
Autocorrelation, which is Bunzl PLC 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 Bunzl PLC's stock expected returns. We can calculate the autocorrelation of Bunzl PLC returns to help us make a trade decision. For example, suppose you find that Bunzl PLC 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 |
Bunzl PLC 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 Bunzl PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bunzl PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bunzl PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Bunzl PLC Lagged Returns
When evaluating Bunzl PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bunzl PLC stock have on its future price. Bunzl PLC 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, Bunzl PLC autocorrelation shows the relationship between Bunzl PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Bunzl PLC.
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 Bunzl Stock Analysis
When running Bunzl PLC's price analysis, check to measure Bunzl PLC'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 Bunzl PLC is operating at the current time. Most of Bunzl PLC's value examination focuses on studying past and present price action to predict the probability of Bunzl PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bunzl PLC's price. Additionally, you may evaluate how the addition of Bunzl PLC to your portfolios can decrease your overall portfolio volatility.