BW LPG (Germany) Market Value
| BW9 Stock | EUR 12.36 0.34 2.68% |
| Symbol | BW9 |
BW LPG '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 BW LPG'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 BW LPG.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in BW LPG on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding BW LPG Limited or generate 0.0% return on investment in BW LPG over 60 days. BW LPG is related to or competes with NIPPON STEEL, ZURICH INSURANCE, Safety Insurance, HANOVER INSURANCE, and LIFENET INSURANCE. BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide More
BW LPG 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 BW LPG'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 BW LPG Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.04 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 5.47 |
BW LPG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BW LPG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BW LPG's standard deviation. In reality, there are many statistical measures that can use BW LPG historical prices to predict the future BW LPG's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.33) |
BW LPG Limited Backtested Returns
BW LPG Limited retains Efficiency (Sharpe Ratio) of -0.0199, which signifies that the company had a -0.0199% return per unit of price deviation over the last 3 months. BW LPG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BW LPG's Information Ratio of (0.08), market risk adjusted performance of (0.32), and Variance of 8.68 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BW LPG's returns are expected to increase less than the market. However, during the bear market, the loss of holding BW LPG is expected to be smaller as well. At this point, BW LPG Limited has a negative expected return of -0.0588%. Please make sure to confirm BW LPG's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if BW LPG Limited performance from the past will be repeated sooner or later.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
BW LPG Limited has almost perfect reverse predictability. Overlapping area represents the amount of predictability between BW LPG time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th 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 BW LPG Limited price movement. The serial correlation of -0.72 indicates that around 72.0% of current BW LPG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
BW LPG Limited lagged returns against current returns
Autocorrelation, which is BW LPG 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 BW LPG's stock expected returns. We can calculate the autocorrelation of BW LPG returns to help us make a trade decision. For example, suppose you find that BW LPG 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 |
BW LPG 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 BW LPG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BW LPG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BW LPG stock over time.
Current vs Lagged Prices |
| Timeline |
BW LPG Lagged Returns
When evaluating BW LPG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BW LPG stock have on its future price. BW LPG 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, BW LPG autocorrelation shows the relationship between BW LPG stock current value and its past values and can show if there is a momentum factor associated with investing in BW LPG Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in BW9 Stock
When determining whether BW LPG Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BW9 Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bw Lpg Limited Stock. Highlighted below are key reports to facilitate an investment decision about Bw Lpg Limited Stock:Check out BW LPG Correlation, BW LPG Volatility and BW LPG Alpha and Beta module to complement your research on BW LPG. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
BW LPG technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.