Bureau Veritas Sa Stock Market Value
| BVRDF Stock | USD 29.85 2.30 7.15% |
| Symbol | Bureau |
Bureau Veritas '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 Bureau Veritas' 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 Bureau Veritas.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Bureau Veritas on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Bureau Veritas SA or generate 0.0% return on investment in Bureau Veritas over 30 days. Bureau Veritas SA provides laboratory testing, inspection, and certification services More
Bureau Veritas 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 Bureau Veritas' 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 Bureau Veritas SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 18.21 |
Bureau Veritas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bureau Veritas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bureau Veritas' standard deviation. In reality, there are many statistical measures that can use Bureau Veritas historical prices to predict the future Bureau Veritas' volatility.| Risk Adjusted Performance | 0.033 | |||
| Jensen Alpha | 0.0534 | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (1.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bureau Veritas' 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.
Bureau Veritas SA Backtested Returns
At this point, Bureau Veritas is very steady. Bureau Veritas SA secures Sharpe Ratio (or Efficiency) of 0.037, which signifies that the company had a 0.037% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Bureau Veritas SA, which you can use to evaluate the volatility of the firm. Please confirm Bureau Veritas' Risk Adjusted Performance of 0.033, standard deviation of 1.63, and Mean Deviation of 0.3332 to double-check if the risk estimate we provide is consistent with the expected return of 0.0619%. Bureau Veritas has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0375, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bureau Veritas are expected to decrease at a much lower rate. During the bear market, Bureau Veritas is likely to outperform the market. Bureau Veritas SA right now shows a risk of 1.67%. Please confirm Bureau Veritas SA skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Bureau Veritas SA will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Bureau Veritas SA has no correlation between past and present. Overlapping area represents the amount of predictability between Bureau Veritas time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Bureau Veritas SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bureau Veritas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.05 |
Bureau Veritas SA lagged returns against current returns
Autocorrelation, which is Bureau Veritas 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 Bureau Veritas' pink sheet expected returns. We can calculate the autocorrelation of Bureau Veritas returns to help us make a trade decision. For example, suppose you find that Bureau Veritas 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 |
Bureau Veritas 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 Bureau Veritas pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bureau Veritas pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bureau Veritas pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bureau Veritas Lagged Returns
When evaluating Bureau Veritas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bureau Veritas pink sheet have on its future price. Bureau Veritas 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, Bureau Veritas autocorrelation shows the relationship between Bureau Veritas pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bureau Veritas SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bureau Pink Sheet
Bureau Veritas financial ratios help investors to determine whether Bureau Pink Sheet 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 Bureau with respect to the benefits of owning Bureau Veritas security.