BUA FOODS (Nigeria) Market Value
| BUAFOODS | 415.00 0.00 0.00% |
| Symbol | BUA |
BUA FOODS '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 BUA FOODS'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 BUA FOODS.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in BUA FOODS on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding BUA FOODS PLC or generate 0.0% return on investment in BUA FOODS over 30 days.
BUA FOODS 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 BUA FOODS'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 BUA FOODS PLC upside and downside potential and time the market with a certain degree of confidence.
BUA FOODS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BUA FOODS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BUA FOODS's standard deviation. In reality, there are many statistical measures that can use BUA FOODS historical prices to predict the future BUA FOODS's volatility.| Risk Adjusted Performance | 0.0999 | |||
| Jensen Alpha | 0.0736 | |||
| Total Risk Alpha | 0.0158 | |||
| Treynor Ratio | (0.71) |
BUA FOODS PLC Backtested Returns
At this point, BUA FOODS is very steady. BUA FOODS PLC retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for BUA FOODS, which you can use to evaluate the volatility of the firm. Please confirm BUA FOODS's market risk adjusted performance of (0.70), and Variance of 0.3925 to double-check if the risk estimate we provide is consistent with the expected return of 0.0808%. BUA FOODS has a performance score of 9 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.0945, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BUA FOODS are expected to decrease at a much lower rate. During the bear market, BUA FOODS is likely to outperform the market. BUA FOODS PLC now owns a risk of 0.64%. Please confirm BUA FOODS PLC standard deviation, as well as the relationship between the maximum drawdown and day median price , to decide if BUA FOODS PLC will be following its current price history.
Auto-correlation | 0.00 |
No correlation between past and present
BUA FOODS PLC has no correlation between past and present. Overlapping area represents the amount of predictability between BUA FOODS time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 BUA FOODS PLC price movement. The serial correlation of 0.0 indicates that just 0.0% of current BUA FOODS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BUA FOODS PLC lagged returns against current returns
Autocorrelation, which is BUA FOODS 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 BUA FOODS's stock expected returns. We can calculate the autocorrelation of BUA FOODS returns to help us make a trade decision. For example, suppose you find that BUA FOODS 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 |
BUA FOODS 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 BUA FOODS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BUA FOODS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BUA FOODS stock over time.
Current vs Lagged Prices |
| Timeline |
BUA FOODS Lagged Returns
When evaluating BUA FOODS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BUA FOODS stock have on its future price. BUA FOODS 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, BUA FOODS autocorrelation shows the relationship between BUA FOODS stock current value and its past values and can show if there is a momentum factor associated with investing in BUA FOODS PLC.
Regressed Prices |
| Timeline |