BW Energy (Norway) Market Value
| BWE Stock | NOK 22.25 0.20 0.91% |
| Symbol | BWE |
BW Energy '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 Energy'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 Energy.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in BW Energy on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding BW Energy or generate 0.0% return on investment in BW Energy over 390 days. BW Energy is related to or competes with BW Offshore, Panoro Energy, Aker BP, BW LPG, and Hafnia. BW Energy Limited engages in the acquisition, exploration, development, and production of oil and natural gas in West Af... More
BW Energy 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 Energy'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 Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 13.57 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 3.43 |
BW Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BW Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BW Energy's standard deviation. In reality, there are many statistical measures that can use BW Energy historical prices to predict the future BW Energy's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 2.66 |
BW Energy Backtested Returns
BW Energy retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the company had a -0.11% return per unit of price deviation over the last 3 months. BW Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BW Energy's Market Risk Adjusted Performance of 2.67, variance of 5.09, and Information Ratio of (0.19) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BW Energy are expected to decrease at a much lower rate. During the bear market, BW Energy is likely to outperform the market. At this point, BW Energy has a negative expected return of -0.24%. Please make sure to confirm BW Energy's coefficient of variation, value at risk, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to decide if BW Energy performance from the past will be repeated sooner or later.
Auto-correlation | -0.43 |
Modest reverse predictability
BW Energy has modest reverse predictability. Overlapping area represents the amount of predictability between BW Energy time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Energy price movement. The serial correlation of -0.43 indicates that just about 43.0% of current BW Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 14.41 |
BW Energy lagged returns against current returns
Autocorrelation, which is BW Energy 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 Energy's stock expected returns. We can calculate the autocorrelation of BW Energy returns to help us make a trade decision. For example, suppose you find that BW Energy 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 Energy 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 Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BW Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BW Energy stock over time.
Current vs Lagged Prices |
| Timeline |
BW Energy Lagged Returns
When evaluating BW Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BW Energy stock have on its future price. BW Energy 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 Energy autocorrelation shows the relationship between BW Energy stock current value and its past values and can show if there is a momentum factor associated with investing in BW Energy.
Regressed Prices |
| Timeline |
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BW Energy financial ratios help investors to determine whether BWE 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 BWE with respect to the benefits of owning BW Energy security.