The Boeing Stock Market Value
BA Stock | USD 179.84 2.69 1.47% |
Symbol | Boeing |
Boeing Price To Book Ratio
Is Boeing's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boeing. If investors know Boeing will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boeing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Earnings Share (3.67) | Revenue Per Share 128.415 | Quarterly Revenue Growth 0.102 | Return On Assets 0.0059 |
The market value of Boeing is measured differently than its book value, which is the value of Boeing that is recorded on the company's balance sheet. Investors also form their own opinion of Boeing's value that differs from its market value or its book value, called intrinsic value, which is Boeing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boeing's market value can be influenced by many factors that don't directly affect Boeing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boeing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boeing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boeing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Boeing '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 Boeing'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 Boeing.
11/25/2022 |
| 03/19/2024 |
If you would invest 0.00 in Boeing on November 25, 2022 and sell it all today you would earn a total of 0.00 from holding The Boeing or generate 0.0% return on investment in Boeing over 480 days. Boeing is related to or competes with Eve Holding, Draganfly, A2Z Smart, and Planet Labs. The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports comme... More
Boeing 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 Boeing'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 The Boeing upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.27) | |||
Maximum Drawdown | 11.17 | |||
Value At Risk | (4.29) | |||
Potential Upside | 2.78 |
Boeing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boeing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boeing's standard deviation. In reality, there are many statistical measures that can use Boeing historical prices to predict the future Boeing's volatility.Risk Adjusted Performance | (0.12) | |||
Jensen Alpha | (0.52) | |||
Total Risk Alpha | (0.95) | |||
Treynor Ratio | (1.27) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Boeing's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Boeing in the context of predictive analytics.
Boeing Backtested Returns
Boeing secures Sharpe Ratio (or Efficiency) of -0.26, which signifies that the company had -0.26% return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. The Boeing exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm Boeing's Risk Adjusted Performance of (0.12), coefficient of variation of (489.24), and Mean Deviation of 1.58 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Boeing returns are expected to increase less than the market. However, during the bear market, the loss on holding Boeing will be expected to be smaller as well. The Boeing exposes twenty-three different technical indicators, which can help you to evaluate its performance. Boeing has an expected return of -0.59%. Please make sure to confirm Boeing coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk to decide if Boeing performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
The Boeing has modest reverse predictability. Overlapping area represents the amount of predictability between Boeing time series from 25th of November 2022 to 23rd of July 2023 and 23rd of July 2023 to 19th of March 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 Boeing price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Boeing price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.42 | |
Spearman Rank Test | 0.01 | |
Residual Average | 0.0 | |
Price Variance | 485.29 |
Boeing lagged returns against current returns
Autocorrelation, which is Boeing 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 Boeing's stock expected returns. We can calculate the autocorrelation of Boeing returns to help us make a trade decision. For example, suppose you find that Boeing stock 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 stock movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Boeing 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 Boeing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boeing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boeing stock over time.
Current vs Lagged Prices |
Timeline |
Boeing Lagged Returns
When evaluating Boeing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boeing stock have on its future price. Boeing 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, Boeing autocorrelation shows the relationship between Boeing stock current value and its past values and can show if there is a momentum factor associated with investing in The Boeing.
Regressed Prices |
Timeline |
Pair Trading with Boeing
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boeing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boeing will appreciate offsetting losses from the drop in the long position's value.Moving together with Boeing Stock
0.73 | EH | Ehang Holdings Report 27th of March 2024 | PairCorr |
Moving against Boeing Stock
0.74 | CW | Curtiss-Wright Financial Report 1st of May 2024 | PairCorr |
0.74 | GD | General Dynamics Fiscal Quarter End 31st of March 2024 | PairCorr |
0.68 | SATLW | Satellogic Warrant | PairCorr |
0.6 | DRS | Leonardo DRS Common Report 26th of March 2024 | PairCorr |
0.53 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Boeing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boeing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boeing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Boeing to buy it.
The correlation of Boeing is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boeing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boeing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boeing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Boeing Correlation, Boeing Volatility and Boeing Alpha and Beta module to complement your research on Boeing. Note that the Boeing information on this page should be used as a complementary analysis to other Boeing's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Boeing Stock analysis
When running Boeing's price analysis, check to measure Boeing'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 Boeing is operating at the current time. Most of Boeing's value examination focuses on studying past and present price action to predict the probability of Boeing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boeing's price. Additionally, you may evaluate how the addition of Boeing to your portfolios can decrease your overall portfolio volatility.
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Boeing 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.