BII Railway (Germany) Market Value
| CN6 Stock | EUR 0.03 0.0005 1.89% |
| Symbol | BII |
BII Railway '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 BII Railway'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 BII Railway.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in BII Railway on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding BII Railway Transportation or generate 0.0% return on investment in BII Railway over 390 days. BII Railway is related to or competes with AEGEAN AIRLINES, JAPAN AIRLINES, Gladstone Investment, MGIC INVESTMENT, CDL INVESTMENT, and Strategic Investments. BII Railway Transportation Technology Holdings Company Limited, an investment holding company, designs, implements, sell... More
BII Railway 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 BII Railway'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 BII Railway Transportation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.03 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 24.75 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 7.02 |
BII Railway Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BII Railway's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BII Railway's standard deviation. In reality, there are many statistical measures that can use BII Railway historical prices to predict the future BII Railway's volatility.| Risk Adjusted Performance | 0.0104 | |||
| Jensen Alpha | 0.0773 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0) |
BII Railway Transpor Backtested Returns
At this point, BII Railway is out of control. BII Railway Transpor secures Sharpe Ratio (or Efficiency) of 0.0183, which signifies that the company had a 0.0183% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for BII Railway Transportation, which you can use to evaluate the volatility of the firm. Please confirm BII Railway's Semi Deviation of 2.88, risk adjusted performance of 0.0104, and Mean Deviation of 2.29 to double-check if the risk estimate we provide is consistent with the expected return of 0.0682%. BII Railway has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.76, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BII Railway are expected to decrease at a much lower rate. During the bear market, BII Railway is likely to outperform the market. BII Railway Transpor at this time shows a risk of 3.73%. Please confirm BII Railway Transpor downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if BII Railway Transpor will be following its price patterns.
Auto-correlation | -0.47 |
Modest reverse predictability
BII Railway Transportation has modest reverse predictability. Overlapping area represents the amount of predictability between BII Railway time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 BII Railway Transpor price movement. The serial correlation of -0.47 indicates that about 47.0% of current BII Railway price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BII Railway Transpor lagged returns against current returns
Autocorrelation, which is BII Railway 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 BII Railway's stock expected returns. We can calculate the autocorrelation of BII Railway returns to help us make a trade decision. For example, suppose you find that BII Railway 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 |
BII Railway 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 BII Railway stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BII Railway stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BII Railway stock over time.
Current vs Lagged Prices |
| Timeline |
BII Railway Lagged Returns
When evaluating BII Railway's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BII Railway stock have on its future price. BII Railway 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, BII Railway autocorrelation shows the relationship between BII Railway stock current value and its past values and can show if there is a momentum factor associated with investing in BII Railway Transportation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BII Stock
BII Railway financial ratios help investors to determine whether BII 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 BII with respect to the benefits of owning BII Railway security.