Bayer AG (Germany) Market Value
| BAYN Stock | 19.50 0.26 1.32% |
| Symbol | Bayer |
Bayer 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 Bayer 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 Bayer AG.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Bayer AG on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bayer AG NA or generate 0.0% return on investment in Bayer AG over 30 days. Bayer AG is related to or competes with Johnson Johnson, AstraZeneca PLC, Biogen. More
Bayer 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 Bayer 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 Bayer AG NA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 18.86 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 2.67 |
Bayer AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bayer AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bayer AG's standard deviation. In reality, there are many statistical measures that can use Bayer AG historical prices to predict the future Bayer AG's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (2.58) |
Bayer AG NA Backtested Returns
Bayer AG NA secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Bayer AG NA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bayer AG's Mean Deviation of 1.54, risk adjusted performance of (0.12), and Standard Deviation of 2.54 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bayer AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bayer AG is expected to be smaller as well. At this point, Bayer AG NA has a negative expected return of -0.49%. Please make sure to confirm Bayer AG's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Bayer AG NA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Bayer AG NA has modest reverse predictability. Overlapping area represents the amount of predictability between Bayer AG time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Bayer AG NA price movement. The serial correlation of -0.48 indicates that about 48.0% of current Bayer AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Bayer AG NA lagged returns against current returns
Autocorrelation, which is Bayer 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 Bayer AG's stock expected returns. We can calculate the autocorrelation of Bayer AG returns to help us make a trade decision. For example, suppose you find that Bayer 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 |
Bayer 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 Bayer AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bayer AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bayer AG stock over time.
Current vs Lagged Prices |
| Timeline |
Bayer AG Lagged Returns
When evaluating Bayer AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bayer AG stock have on its future price. Bayer 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, Bayer AG autocorrelation shows the relationship between Bayer AG stock current value and its past values and can show if there is a momentum factor associated with investing in Bayer AG NA.
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 Bayer Stock
Bayer AG financial ratios help investors to determine whether Bayer 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 Bayer with respect to the benefits of owning Bayer AG security.