Bunge Limited Stock Market Value
| BG Stock | USD 106.01 3.61 3.29% |
| Symbol | Bunge |
Bunge Limited Price To Book Ratio
Is Bunge'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 Bunge. If investors know Bunge 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 Bunge 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 0.898 | Dividend Share 2.613 | Earnings Share 14.88 | Revenue Per Share 400.123 | Quarterly Revenue Growth (0.10) |
The market value of Bunge Limited is measured differently than its book value, which is the value of Bunge that is recorded on the company's balance sheet. Investors also form their own opinion of Bunge's value that differs from its market value or its book value, called intrinsic value, which is Bunge'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 Bunge's market value can be influenced by many factors that don't directly affect Bunge'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 Bunge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bunge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bunge'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.
Bunge '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 Bunge'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 Bunge.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Bunge on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Bunge Limited or generate 0.0% return on investment in Bunge over 30 days. Bunge is related to or competes with Cal Maine, Dole PLC, Adecoagro, Fresh Del, Limoneira, Brasilagro Adr, and Alico. Bunge Limited operates as an agribusiness and food company worldwide More
Bunge 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 Bunge'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 Bunge Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.1815 | |||
| Maximum Drawdown | 5.86 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.56 |
Bunge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bunge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bunge's standard deviation. In reality, there are many statistical measures that can use Bunge historical prices to predict the future Bunge's volatility.| Risk Adjusted Performance | 0.1625 | |||
| Jensen Alpha | 0.3504 | |||
| Total Risk Alpha | 0.1457 | |||
| Sortino Ratio | 0.183 | |||
| Treynor Ratio | (1.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bunge'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.
Bunge Limited Backtested Returns
Bunge appears to be very steady, given 3 months investment horizon. Bunge Limited secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bunge Limited, which you can use to evaluate the volatility of the firm. Please makes use of Bunge's Downside Deviation of 1.34, risk adjusted performance of 0.1625, and Mean Deviation of 1.08 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bunge holds a performance score of 20. 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 Bunge are expected to decrease at a much lower rate. During the bear market, Bunge is likely to outperform the market. Please check Bunge's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Bunge's price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Bunge Limited has average predictability. Overlapping area represents the amount of predictability between Bunge time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Bunge Limited price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Bunge price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 4.44 |
Bunge Limited lagged returns against current returns
Autocorrelation, which is Bunge 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 Bunge's stock expected returns. We can calculate the autocorrelation of Bunge returns to help us make a trade decision. For example, suppose you find that Bunge 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 |
Bunge 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 Bunge stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bunge stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bunge stock over time.
Current vs Lagged Prices |
| Timeline |
Bunge Lagged Returns
When evaluating Bunge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bunge stock have on its future price. Bunge 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, Bunge autocorrelation shows the relationship between Bunge stock current value and its past values and can show if there is a momentum factor associated with investing in Bunge Limited.
Regressed Prices |
| Timeline |
Pair Trading with Bunge
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 Bunge 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 Bunge will appreciate offsetting losses from the drop in the long position's value.Moving together with Bunge Stock
| 0.69 | DOLE | Dole PLC Financial Report 16th of May 2024 | PairCorr |
| 0.83 | ADM | Archer Daniels Midland | PairCorr |
| 0.72 | FDP | Fresh Del Monte Earnings Call This Week | PairCorr |
Moving against Bunge Stock
| 0.76 | IH | IhumanInc | PairCorr |
| 0.75 | LW | Lamb Weston Holdings Financial Report 23rd of July 2024 | PairCorr |
| 0.68 | GV | Visionary Education Symbol Change | PairCorr |
| 0.67 | SANW | SW Seed Company Financial Report 9th of May 2024 | PairCorr |
| 0.61 | AFRI | Forafric Global PLC | PairCorr |
The ability to find closely correlated positions to Bunge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bunge 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 Bunge - 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 Bunge Limited to buy it.
The correlation of Bunge is a statistical measure of how it moves in relation to other instruments. 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 Bunge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bunge Limited 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 Bunge 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 Bunge Correlation, Bunge Volatility and Bunge Alpha and Beta module to complement your research on Bunge. Note that the Bunge Limited information on this page should be used as a complementary analysis to other Bunge'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Bunge Stock analysis
When running Bunge's price analysis, check to measure Bunge'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 Bunge is operating at the current time. Most of Bunge's value examination focuses on studying past and present price action to predict the probability of Bunge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bunge's price. Additionally, you may evaluate how the addition of Bunge to your portfolios can decrease your overall portfolio volatility.
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Bunge 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.