Babcock Wilcox Enterprises, Stock Market Value
| BWSN Stock | USD 23.50 0.06 0.25% |
| Symbol | Babcock |
Babcock Wilcox Enter Price To Book Ratio
Is Construction Materials 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 Babcock Wilcox. If investors know Babcock 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 Babcock Wilcox listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Babcock Wilcox Enter is measured differently than its book value, which is the value of Babcock that is recorded on the company's balance sheet. Investors also form their own opinion of Babcock Wilcox's value that differs from its market value or its book value, called intrinsic value, which is Babcock Wilcox'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 Babcock Wilcox's market value can be influenced by many factors that don't directly affect Babcock Wilcox'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 Babcock Wilcox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Babcock Wilcox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Babcock Wilcox'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.
Babcock Wilcox '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 Babcock Wilcox'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 Babcock Wilcox.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Babcock Wilcox on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Babcock Wilcox Enterprises, or generate 0.0% return on investment in Babcock Wilcox over 30 days. Babcock Wilcox is related to or competes with Harrow Health, Babcock Wilcox, B Riley, and Eagle Point. Babcock Wilcox is entity of United States More
Babcock Wilcox 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 Babcock Wilcox'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 Babcock Wilcox Enterprises, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9187 | |||
| Information Ratio | 0.0565 | |||
| Maximum Drawdown | 4.68 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.37 |
Babcock Wilcox Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Babcock Wilcox's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Babcock Wilcox's standard deviation. In reality, there are many statistical measures that can use Babcock Wilcox historical prices to predict the future Babcock Wilcox's volatility.| Risk Adjusted Performance | 0.1627 | |||
| Jensen Alpha | 0.1711 | |||
| Total Risk Alpha | 0.0369 | |||
| Sortino Ratio | 0.0509 | |||
| Treynor Ratio | (3.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Babcock Wilcox's 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.
Babcock Wilcox Enter Backtested Returns
As of now, Babcock Stock is very steady. Babcock Wilcox Enter secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Babcock Wilcox Enterprises,, which you can use to evaluate the volatility of the firm. Please confirm Babcock Wilcox's mean deviation of 0.6107, and Risk Adjusted Performance of 0.1627 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Babcock Wilcox has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0485, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Babcock Wilcox are expected to decrease at a much lower rate. During the bear market, Babcock Wilcox is likely to outperform the market. Babcock Wilcox Enter right now shows a risk of 0.83%. Please confirm Babcock Wilcox Enter coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if Babcock Wilcox Enter will be following its price patterns.
Auto-correlation | -0.05 |
Very weak reverse predictability
Babcock Wilcox Enterprises, has very weak reverse predictability. Overlapping area represents the amount of predictability between Babcock Wilcox time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Babcock Wilcox Enter price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Babcock Wilcox price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Babcock Wilcox Enter lagged returns against current returns
Autocorrelation, which is Babcock Wilcox 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 Babcock Wilcox's stock expected returns. We can calculate the autocorrelation of Babcock Wilcox returns to help us make a trade decision. For example, suppose you find that Babcock Wilcox 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 |
Babcock Wilcox 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 Babcock Wilcox stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Babcock Wilcox stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Babcock Wilcox stock over time.
Current vs Lagged Prices |
| Timeline |
Babcock Wilcox Lagged Returns
When evaluating Babcock Wilcox's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Babcock Wilcox stock have on its future price. Babcock Wilcox 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, Babcock Wilcox autocorrelation shows the relationship between Babcock Wilcox stock current value and its past values and can show if there is a momentum factor associated with investing in Babcock Wilcox Enterprises,.
Regressed Prices |
| Timeline |
Pair Trading with Babcock Wilcox
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 Babcock Wilcox 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 Babcock Wilcox will appreciate offsetting losses from the drop in the long position's value.Moving together with Babcock Stock
Moving against Babcock Stock
| 0.57 | JBI | Janus International | PairCorr |
| 0.39 | JHX | James Hardie Industries | PairCorr |
| 0.36 | CXT | Crane NXT | PairCorr |
| 0.33 | CX | Cemex SAB de | PairCorr |
The ability to find closely correlated positions to Babcock Wilcox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Babcock Wilcox 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 Babcock Wilcox - 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 Babcock Wilcox Enterprises, to buy it.
The correlation of Babcock Wilcox 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 Babcock Wilcox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Babcock Wilcox Enter 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 Babcock Wilcox 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.Check out Babcock Wilcox Correlation, Babcock Wilcox Volatility and Babcock Wilcox Alpha and Beta module to complement your research on Babcock Wilcox. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Babcock Wilcox 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.