Bosch Fren (Turkey) Market Value
| BFREN Stock | TRY 689.50 7.00 1.03% |
| Symbol | Bosch |
Bosch Fren '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 Bosch Fren'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 Bosch Fren.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Bosch Fren on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Bosch Fren Sistemleri or generate 0.0% return on investment in Bosch Fren over 720 days. Bosch Fren is related to or competes with Politeknik Metal, Bms Birlesik, and Cuhadaroglu Metal. Bosch Fren Sistemleri Sanayi ve Ticaret A.S More
Bosch Fren 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 Bosch Fren'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 Bosch Fren Sistemleri upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.56 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 4.81 |
Bosch Fren Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bosch Fren's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bosch Fren's standard deviation. In reality, there are many statistical measures that can use Bosch Fren historical prices to predict the future Bosch Fren's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.2388 |
Bosch Fren Sistemleri Backtested Returns
Bosch Fren Sistemleri secures Sharpe Ratio (or Efficiency) of -0.0369, which signifies that the company had a -0.0369% return per unit of risk over the last 3 months. Bosch Fren Sistemleri exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bosch Fren's Standard Deviation of 2.54, mean deviation of 1.7, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bosch Fren are expected to decrease at a much lower rate. During the bear market, Bosch Fren is likely to outperform the market. At this point, Bosch Fren Sistemleri has a negative expected return of -0.0947%. Please make sure to confirm Bosch Fren's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Bosch Fren Sistemleri performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Bosch Fren Sistemleri has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bosch Fren time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Bosch Fren Sistemleri price movement. The serial correlation of -0.18 indicates that over 18.0% of current Bosch Fren price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 20.6 K |
Bosch Fren Sistemleri lagged returns against current returns
Autocorrelation, which is Bosch Fren 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 Bosch Fren's stock expected returns. We can calculate the autocorrelation of Bosch Fren returns to help us make a trade decision. For example, suppose you find that Bosch Fren 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 |
Bosch Fren 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 Bosch Fren stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bosch Fren stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bosch Fren stock over time.
Current vs Lagged Prices |
| Timeline |
Bosch Fren Lagged Returns
When evaluating Bosch Fren's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bosch Fren stock have on its future price. Bosch Fren 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, Bosch Fren autocorrelation shows the relationship between Bosch Fren stock current value and its past values and can show if there is a momentum factor associated with investing in Bosch Fren Sistemleri.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Bosch Stock
Bosch Fren financial ratios help investors to determine whether Bosch 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 Bosch with respect to the benefits of owning Bosch Fren security.