Big 5 (Germany) Market Value
| BG3 Stock | EUR 1.57 0.07 4.67% |
| Symbol | Big |
Big 5 '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 Big 5'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 Big 5.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Big 5 on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Big 5 Sporting or generate 0.0% return on investment in Big 5 over 180 days. Big 5 is related to or competes with MercadoLibre, EBay, Genuine Parts, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States More
Big 5 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 Big 5'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 Big 5 Sporting upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.64 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 22.44 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 5.81 |
Big 5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Big 5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Big 5's standard deviation. In reality, there are many statistical measures that can use Big 5 historical prices to predict the future Big 5's volatility.| Risk Adjusted Performance | 0.0203 | |||
| Jensen Alpha | 0.147 | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.09) |
Big 5 Sporting Backtested Returns
At this point, Big 5 is dangerous. Big 5 Sporting secures Sharpe Ratio (or Efficiency) of 0.018, which signifies that the company had a 0.018% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Big 5 Sporting, which you can use to evaluate the volatility of the firm. Please confirm Big 5's mean deviation of 3.24, and Risk Adjusted Performance of 0.0203 to double-check if the risk estimate we provide is consistent with the expected return of 0.0794%. Big 5 has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Big 5 are expected to decrease at a much lower rate. During the bear market, Big 5 is likely to outperform the market. Big 5 Sporting right now shows a risk of 4.42%. Please confirm Big 5 Sporting coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Big 5 Sporting will be following its price patterns.
Auto-correlation | 0.65 |
Good predictability
Big 5 Sporting has good predictability. Overlapping area represents the amount of predictability between Big 5 time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Big 5 Sporting price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Big 5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Big 5 Sporting lagged returns against current returns
Autocorrelation, which is Big 5 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 Big 5's stock expected returns. We can calculate the autocorrelation of Big 5 returns to help us make a trade decision. For example, suppose you find that Big 5 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 |
Big 5 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 Big 5 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Big 5 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Big 5 stock over time.
Current vs Lagged Prices |
| Timeline |
Big 5 Lagged Returns
When evaluating Big 5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Big 5 stock have on its future price. Big 5 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, Big 5 autocorrelation shows the relationship between Big 5 stock current value and its past values and can show if there is a momentum factor associated with investing in Big 5 Sporting.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Big Stock
When determining whether Big 5 Sporting is a strong investment it is important to analyze Big 5's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Big 5's future performance. For an informed investment choice regarding Big Stock, refer to the following important reports:Check out Big 5 Correlation, Big 5 Volatility and Big 5 Alpha and Beta module to complement your research on Big 5. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Big 5 technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.