BECLE SAB (Germany) Market Value
| 6BE Stock | EUR 1.14 0.01 0.87% |
| Symbol | BECLE |
BECLE SAB '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 BECLE SAB'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 BECLE SAB.
| 06/28/2024 |
| 12/25/2024 |
If you would invest 0.00 in BECLE SAB on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding BECLE SAB DE or generate 0.0% return on investment in BECLE SAB over 180 days. BECLE SAB is related to or competes with Constellation Brands, Brown Forman, Thai Beverage, Rmy Cointreau, Treasury Wine, and Hawesko Holding. Becle, S.A.B. de C.V., together with its subsidiaries, produces, distributes, and sells alcoholic and non-alcoholic beve... More
BECLE SAB 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 BECLE SAB'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 BECLE SAB DE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 16.25 | |||
| Value At Risk | (5.22) | |||
| Potential Upside | 7.09 |
BECLE SAB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BECLE SAB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BECLE SAB's standard deviation. In reality, there are many statistical measures that can use BECLE SAB historical prices to predict the future BECLE SAB's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 2.25 |
BECLE SAB DE Backtested Returns
BECLE SAB DE retains Efficiency (Sharpe Ratio) of -0.0904, which signifies that the company had a -0.0904% return per unit of risk over the last 3 months. BECLE SAB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BECLE SAB's market risk adjusted performance of 2.26, and Variance of 11.68 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 BECLE SAB are expected to decrease at a much lower rate. During the bear market, BECLE SAB is likely to outperform the market. At this point, BECLE SAB DE has a negative expected return of -0.3%. Please make sure to confirm BECLE SAB's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if BECLE SAB DE performance from the past will be repeated at some future date.
Auto-correlation | -0.81 |
Excellent reverse predictability
BECLE SAB DE has excellent reverse predictability. Overlapping area represents the amount of predictability between BECLE SAB time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 BECLE SAB DE price movement. The serial correlation of -0.81 indicates that around 81.0% of current BECLE SAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BECLE SAB DE lagged returns against current returns
Autocorrelation, which is BECLE SAB 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 BECLE SAB's stock expected returns. We can calculate the autocorrelation of BECLE SAB returns to help us make a trade decision. For example, suppose you find that BECLE SAB 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 |
BECLE SAB 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 BECLE SAB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BECLE SAB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BECLE SAB stock over time.
Current vs Lagged Prices |
| Timeline |
BECLE SAB Lagged Returns
When evaluating BECLE SAB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BECLE SAB stock have on its future price. BECLE SAB 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, BECLE SAB autocorrelation shows the relationship between BECLE SAB stock current value and its past values and can show if there is a momentum factor associated with investing in BECLE SAB DE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BECLE Stock
BECLE SAB financial ratios help investors to determine whether BECLE 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 BECLE with respect to the benefits of owning BECLE SAB security.