Baywa AG (Germany) Market Value
| BYW6 Stock | 9.00 0.06 0.66% |
| Symbol | Baywa |
Baywa AG '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 Baywa AG'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 Baywa AG.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Baywa AG on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Baywa AG Vink or generate 0.0% return on investment in Baywa AG over 720 days. Baywa AG is related to or competes with American Eagle, URBAN OUTFITTERS, Hochschild Mining, Games Workshop, Boyd Gaming, and AM EAGLE. More
Baywa AG 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 Baywa AG'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 Baywa AG Vink upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 23.05 | |||
| Value At Risk | (5.54) | |||
| Potential Upside | 3.5 |
Baywa AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baywa AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baywa AG's standard deviation. In reality, there are many statistical measures that can use Baywa AG historical prices to predict the future Baywa AG's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (4.02) |
Baywa AG Vink Backtested Returns
Baywa AG Vink secures Sharpe Ratio (or Efficiency) of -0.0621, which signifies that the company had a -0.0621% return per unit of risk over the last 3 months. Baywa AG Vink exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baywa AG's Standard Deviation of 3.29, risk adjusted performance of (0.05), and Mean Deviation of 2.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0691, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Baywa AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baywa AG is expected to be smaller as well. At this point, Baywa AG Vink has a negative expected return of -0.2%. Please make sure to confirm Baywa AG's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Baywa AG Vink performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.93 |
Excellent predictability
Baywa AG Vink has excellent predictability. Overlapping area represents the amount of predictability between Baywa AG time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Baywa AG Vink price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Baywa AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 48.98 |
Baywa AG Vink lagged returns against current returns
Autocorrelation, which is Baywa AG 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 Baywa AG's stock expected returns. We can calculate the autocorrelation of Baywa AG returns to help us make a trade decision. For example, suppose you find that Baywa AG 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 |
Baywa AG 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 Baywa AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baywa AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baywa AG stock over time.
Current vs Lagged Prices |
| Timeline |
Baywa AG Lagged Returns
When evaluating Baywa AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baywa AG stock have on its future price. Baywa AG 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, Baywa AG autocorrelation shows the relationship between Baywa AG stock current value and its past values and can show if there is a momentum factor associated with investing in Baywa AG Vink.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Baywa Stock
Baywa AG financial ratios help investors to determine whether Baywa 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 Baywa with respect to the benefits of owning Baywa AG security.