Bureau Veritas (France) Market Value
| BVI Stock | EUR 28.80 0.22 0.77% |
| Symbol | Bureau |
Bureau Veritas '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 Bureau Veritas' 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 Bureau Veritas.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Bureau Veritas on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Bureau Veritas SA or generate 0.0% return on investment in Bureau Veritas over 30 days. Bureau Veritas is related to or competes with Edenred SA, Legrand SA, Sodexo SA, and Wendel. Bureau Veritas SA provides testing, inspection, and certification services in the areas of quality, health and safety, e... More
Bureau Veritas 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 Bureau Veritas' 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 Bureau Veritas SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.93 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.6 |
Bureau Veritas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bureau Veritas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bureau Veritas' standard deviation. In reality, there are many statistical measures that can use Bureau Veritas historical prices to predict the future Bureau Veritas' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (1.01) |
Bureau Veritas SA Backtested Returns
Bureau Veritas SA secures Sharpe Ratio (or Efficiency) of -0.0486, which signifies that the company had a -0.0486% return per unit of risk over the last 3 months. Bureau Veritas SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bureau Veritas' Mean Deviation of 0.8416, risk adjusted performance of (0.03), and Standard Deviation of 1.03 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0579, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bureau Veritas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bureau Veritas is expected to be smaller as well. At this point, Bureau Veritas SA has a negative expected return of -0.0503%. Please make sure to confirm Bureau Veritas' kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Bureau Veritas SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Bureau Veritas SA has good reverse predictability. Overlapping area represents the amount of predictability between Bureau Veritas time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Bureau Veritas SA price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Bureau Veritas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Bureau Veritas SA lagged returns against current returns
Autocorrelation, which is Bureau Veritas 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 Bureau Veritas' stock expected returns. We can calculate the autocorrelation of Bureau Veritas returns to help us make a trade decision. For example, suppose you find that Bureau Veritas 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 |
Bureau Veritas 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 Bureau Veritas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bureau Veritas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bureau Veritas stock over time.
Current vs Lagged Prices |
| Timeline |
Bureau Veritas Lagged Returns
When evaluating Bureau Veritas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bureau Veritas stock have on its future price. Bureau Veritas 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, Bureau Veritas autocorrelation shows the relationship between Bureau Veritas stock current value and its past values and can show if there is a momentum factor associated with investing in Bureau Veritas 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.Other Information on Investing in Bureau Stock
Bureau Veritas financial ratios help investors to determine whether Bureau 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 Bureau with respect to the benefits of owning Bureau Veritas security.