Barloworld Ltd Adr Stock Market Value
| BRRAY Stock | USD 5.99 0.28 4.90% |
| Symbol | Barloworld |
Barloworld '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 Barloworld'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 Barloworld.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Barloworld on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Barloworld Ltd ADR or generate 0.0% return on investment in Barloworld over 150 days. Barloworld is related to or competes with Hertz Global, United Rentals, Ryder System, Herc Holdings, and Hertz Global. Barloworld Limited operates as an industrial processing, distribution, and services company More
Barloworld 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 Barloworld'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 Barloworld Ltd ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.01 | |||
| Information Ratio | 0.1007 | |||
| Maximum Drawdown | 59.51 | |||
| Value At Risk | (7.26) | |||
| Potential Upside | 12.48 |
Barloworld Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barloworld's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barloworld's standard deviation. In reality, there are many statistical measures that can use Barloworld historical prices to predict the future Barloworld's volatility.| Risk Adjusted Performance | 0.1044 | |||
| Jensen Alpha | 0.8314 | |||
| Total Risk Alpha | 0.0394 | |||
| Sortino Ratio | 0.0817 | |||
| Treynor Ratio | (13.11) |
Barloworld ADR Backtested Returns
Barloworld appears to be very risky, given 3 months investment horizon. Barloworld ADR 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. By analyzing Barloworld's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of Barloworld's Risk Adjusted Performance of 0.1044, downside deviation of 9.01, and Mean Deviation of 3.35 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Barloworld holds a performance score of 9. The firm shows a Beta (market volatility) of -0.063, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Barloworld are expected to decrease at a much lower rate. During the bear market, Barloworld is likely to outperform the market. Please check Barloworld's value at risk, as well as the relationship between the kurtosis and period momentum indicator , to make a quick decision on whether Barloworld's price patterns will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
Barloworld Ltd ADR has weak reverse predictability. Overlapping area represents the amount of predictability between Barloworld time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st 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 Barloworld ADR price movement. The serial correlation of -0.24 indicates that over 24.0% of current Barloworld price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Barloworld ADR lagged returns against current returns
Autocorrelation, which is Barloworld 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 Barloworld's pink sheet expected returns. We can calculate the autocorrelation of Barloworld returns to help us make a trade decision. For example, suppose you find that Barloworld 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 |
Barloworld 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 Barloworld pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barloworld pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barloworld pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Barloworld Lagged Returns
When evaluating Barloworld's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barloworld pink sheet have on its future price. Barloworld 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, Barloworld autocorrelation shows the relationship between Barloworld pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Barloworld Ltd 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 Barloworld Pink Sheet Analysis
When running Barloworld's price analysis, check to measure Barloworld'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 Barloworld is operating at the current time. Most of Barloworld's value examination focuses on studying past and present price action to predict the probability of Barloworld's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barloworld's price. Additionally, you may evaluate how the addition of Barloworld to your portfolios can decrease your overall portfolio volatility.