Nv Bekaert Sa Stock Market Value
| BEKAY Stock | USD 3.52 0.35 9.04% |
| Symbol | BEKAY |
NV Bekaert '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 NV Bekaert's pink sheet 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 NV Bekaert.
| 09/19/2024 |
| 12/18/2024 |
If you would invest 0.00 in NV Bekaert on September 19, 2024 and sell it all today you would earn a total of 0.00 from holding NV Bekaert SA or generate 0.0% return on investment in NV Bekaert over 90 days. NV Bekaert is related to or competes with Allegheny Technologies, ESAB Corp, Ampco Pittsburgh, and Proto Labs. NV Bekaert SA provides steel wire transformation and coating technologies worldwide More
NV Bekaert 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 NV Bekaert's pink sheet 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 NV Bekaert SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 14.0 |
NV Bekaert Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NV Bekaert's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NV Bekaert's standard deviation. In reality, there are many statistical measures that can use NV Bekaert historical prices to predict the future NV Bekaert's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 1.27 |
NV Bekaert SA Backtested Returns
NV Bekaert SA retains Efficiency (Sharpe Ratio) of -0.17, which conveys that the firm had a -0.17% return per unit of price deviation over the last 3 months. NV Bekaert exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NV Bekaert's Market Risk Adjusted Performance of 1.28, information ratio of (0.20), and Mean Deviation of 0.6771 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NV Bekaert are expected to decrease at a much lower rate. During the bear market, NV Bekaert is likely to outperform the market. At this point, NV Bekaert SA has a negative expected return of -0.36%. Please make sure to verify NV Bekaert's variance, as well as the relationship between the kurtosis and price action indicator , to decide if NV Bekaert SA performance from the past will be repeated at some future date.
Auto-correlation | 0.47 |
Average predictability
NV Bekaert SA has average predictability. Overlapping area represents the amount of predictability between NV Bekaert time series from 19th of September 2024 to 3rd of November 2024 and 3rd of November 2024 to 18th 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 NV Bekaert SA price movement. The serial correlation of 0.47 indicates that about 47.0% of current NV Bekaert price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
NV Bekaert SA lagged returns against current returns
Autocorrelation, which is NV Bekaert pink sheet'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 NV Bekaert's pink sheet expected returns. We can calculate the autocorrelation of NV Bekaert returns to help us make a trade decision. For example, suppose you find that NV Bekaert has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
NV Bekaert 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 NV Bekaert pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NV Bekaert pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NV Bekaert pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NV Bekaert Lagged Returns
When evaluating NV Bekaert's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NV Bekaert pink sheet have on its future price. NV Bekaert 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, NV Bekaert autocorrelation shows the relationship between NV Bekaert pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NV Bekaert SA.
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.Additional Tools for BEKAY Pink Sheet Analysis
When running NV Bekaert's price analysis, check to measure NV Bekaert's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NV Bekaert is operating at the current time. Most of NV Bekaert's value examination focuses on studying past and present price action to predict the probability of NV Bekaert's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NV Bekaert's price. Additionally, you may evaluate how the addition of NV Bekaert to your portfolios can decrease your overall portfolio volatility.