Bouygues Sa Adr Stock Market Value
| BOUYY Stock | USD 5.99 0.01 0.17% |
| Symbol | Bouygues |
Bouygues '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 Bouygues' 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 Bouygues.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Bouygues on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Bouygues SA ADR or generate 0.0% return on investment in Bouygues over 300 days. Bouygues is related to or competes with Aecom Technology, Matrix Service, MYR, Fluor, and EMCOR. Bouygues SA, together with its subsidiaries, operates in the construction, telecom, and media sectors in France and inte... More
Bouygues 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 Bouygues' 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 Bouygues SA ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 8.06 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.45 |
Bouygues Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bouygues' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bouygues' standard deviation. In reality, there are many statistical measures that can use Bouygues historical prices to predict the future Bouygues' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 1.2 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bouygues' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bouygues SA ADR Backtested Returns
Bouygues SA ADR secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Bouygues SA ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bouygues' Mean Deviation of 1.17, standard deviation of 1.57, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bouygues are expected to decrease at a much lower rate. During the bear market, Bouygues is likely to outperform the market. At this point, Bouygues SA ADR has a negative expected return of -0.27%. Please make sure to confirm Bouygues' accumulation distribution, and the relationship between the potential upside and day median price , to decide if Bouygues SA ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Bouygues SA ADR has poor predictability. Overlapping area represents the amount of predictability between Bouygues time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Bouygues SA ADR price movement. The serial correlation of 0.25 indicates that over 25.0% of current Bouygues price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Bouygues SA ADR lagged returns against current returns
Autocorrelation, which is Bouygues 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 Bouygues' pink sheet expected returns. We can calculate the autocorrelation of Bouygues returns to help us make a trade decision. For example, suppose you find that Bouygues 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 |
Bouygues 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 Bouygues pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bouygues pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bouygues pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bouygues Lagged Returns
When evaluating Bouygues' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bouygues pink sheet have on its future price. Bouygues 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, Bouygues autocorrelation shows the relationship between Bouygues pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bouygues SA 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 Bouygues Pink Sheet Analysis
When running Bouygues' price analysis, check to measure Bouygues' 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 Bouygues is operating at the current time. Most of Bouygues' value examination focuses on studying past and present price action to predict the probability of Bouygues' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bouygues' price. Additionally, you may evaluate how the addition of Bouygues to your portfolios can decrease your overall portfolio volatility.