Burelle SA (France) Market Value
| BUR Stock | EUR 327.00 1.00 0.31% |
| Symbol | Burelle |
Burelle SA '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 Burelle SA'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 Burelle SA.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Burelle SA on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Burelle SA or generate 0.0% return on investment in Burelle SA over 720 days. Burelle SA is related to or competes with Savencia, Compagnie, Akwel SA, and Wendel. Burelle SA, through its subsidiaries, provides automotive equipment, intelligent body systems, and clean energy systems ... More
Burelle SA 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 Burelle SA'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 Burelle SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 10.65 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 2.79 |
Burelle SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Burelle SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Burelle SA's standard deviation. In reality, there are many statistical measures that can use Burelle SA historical prices to predict the future Burelle SA's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.76) |
Burelle SA Backtested Returns
Burelle SA secures Sharpe Ratio (or Efficiency) of -0.069, which signifies that the company had a -0.069% return per unit of risk over the last 3 months. Burelle SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Burelle SA's Risk Adjusted Performance of (0.06), mean deviation of 1.33, and Standard Deviation of 2.08 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Burelle SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Burelle SA is expected to be smaller as well. At this point, Burelle SA has a negative expected return of -0.15%. Please make sure to confirm Burelle SA's kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Burelle SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Burelle SA has very weak predictability. Overlapping area represents the amount of predictability between Burelle SA time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Burelle SA price movement. The serial correlation of 0.16 indicates that over 16.0% of current Burelle SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 739.5 |
Burelle SA lagged returns against current returns
Autocorrelation, which is Burelle SA 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 Burelle SA's stock expected returns. We can calculate the autocorrelation of Burelle SA returns to help us make a trade decision. For example, suppose you find that Burelle SA 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 |
Burelle SA 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 Burelle SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Burelle SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Burelle SA stock over time.
Current vs Lagged Prices |
| Timeline |
Burelle SA Lagged Returns
When evaluating Burelle SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Burelle SA stock have on its future price. Burelle SA 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, Burelle SA autocorrelation shows the relationship between Burelle SA stock current value and its past values and can show if there is a momentum factor associated with investing in Burelle SA.
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.Other Information on Investing in Burelle Stock
Burelle SA financial ratios help investors to determine whether Burelle 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 Burelle with respect to the benefits of owning Burelle SA security.