Bw Lpg Limited Stock Market Value
| BWLP Stock | 13.11 0.44 3.25% |
| Symbol | BWLP |
BW LPG Limited Price To Book Ratio
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BW LPG. If investors know BWLP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BW LPG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 3.28 | Earnings Share 3.64 | Revenue Per Share 26.46 | Quarterly Revenue Growth 0.91 |
The market value of BW LPG Limited is measured differently than its book value, which is the value of BWLP that is recorded on the company's balance sheet. Investors also form their own opinion of BW LPG's value that differs from its market value or its book value, called intrinsic value, which is BW LPG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BW LPG's market value can be influenced by many factors that don't directly affect BW LPG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BW LPG's value and its price as these two are different measures arrived at by different means. Investors typically determine if BW LPG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BW LPG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in BW LPG on July 5, 2023 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 510 days. BW LPG is related to or competes with Eldorado Gold, Emerson Electric, RBC Bearings, ChampionX, CECO Environmental, and Agnico Eagle. BW LPG is entity of United States. It is traded as Stock on NYSE exchange. 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 | (0.15) | |||
| Maximum Drawdown | 14.66 | |||
| Value At Risk | (4.62) | |||
| Potential Upside | 3.03 |
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 | (0.07) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.86) |
BW LPG Limited Backtested Returns
BW LPG Limited retains Efficiency (Sharpe Ratio) of -0.0501, which signifies that the company had a -0.0501% return per unit of price deviation over the last 3 months. BW LPG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BW LPG's Market Risk Adjusted Performance of (0.85), variance of 6.82, and Information Ratio of (0.15) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.32, 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 -0.13%. Please make sure to confirm BW LPG's potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if BW LPG Limited performance from the past will be repeated sooner or later.
Auto-correlation | 0.36 |
Below average predictability
BW LPG Limited has below average predictability. Overlapping area represents the amount of predictability between BW LPG time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 0.36 indicates that just about 36.0% of current BW LPG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 4.37 |
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 |
Pair Trading with BW LPG
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BW LPG position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BW LPG will appreciate offsetting losses from the drop in the long position's value.Moving together with BWLP Stock
Moving against BWLP Stock
The ability to find closely correlated positions to BW LPG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BW LPG when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BW LPG - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BW LPG Limited to buy it.
The correlation of BW LPG is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BW LPG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BW LPG Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BW LPG can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for BWLP Stock Analysis
When running BW LPG's price analysis, check to measure BW LPG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BW LPG is operating at the current time. Most of BW LPG's value examination focuses on studying past and present price action to predict the probability of BW LPG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BW LPG's price. Additionally, you may evaluate how the addition of BW LPG to your portfolios can decrease your overall portfolio volatility.