Borgwarner Stock Market Value

BWA Stock  USD 34.70  1.05  3.12%   
BorgWarner's market value is the price at which a share of BorgWarner trades on a public exchange. It measures the collective expectations of BorgWarner investors about its performance. BorgWarner is trading at 34.70 as of the 28th of March 2024, a 3.12 percent increase since the beginning of the trading day. The stock's open price was 33.65.
With this module, you can estimate the performance of a buy and hold strategy of BorgWarner and determine expected loss or profit from investing in BorgWarner over a given investment horizon. Check out BorgWarner Correlation, BorgWarner Volatility and BorgWarner Alpha and Beta module to complement your research on BorgWarner.
For information on how to trade BorgWarner Stock refer to our How to Trade BorgWarner Stock guide.
Symbol

BorgWarner Price To Book Ratio

Is BorgWarner'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 BorgWarner. If investors know BorgWarner 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 BorgWarner 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
(0.39)
Dividend Share
0.56
Earnings Share
2.7
Revenue Per Share
60.988
Quarterly Revenue Growth
0.062
The market value of BorgWarner is measured differently than its book value, which is the value of BorgWarner that is recorded on the company's balance sheet. Investors also form their own opinion of BorgWarner's value that differs from its market value or its book value, called intrinsic value, which is BorgWarner'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 BorgWarner's market value can be influenced by many factors that don't directly affect BorgWarner'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 BorgWarner's value and its price as these two are different measures arrived at by different means. Investors typically determine if BorgWarner is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BorgWarner'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.

BorgWarner '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 BorgWarner'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 BorgWarner.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in BorgWarner on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding BorgWarner or generate 0.0% return on investment in BorgWarner over 30 days. BorgWarner is related to or competes with Ford, GM, Goodyear Tire, Li AutoInc, and Toyota. BorgWarner Inc. provides solutions for combustion, hybrid, and electric vehicles worldwide More

BorgWarner 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 BorgWarner'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 BorgWarner upside and downside potential and time the market with a certain degree of confidence.

BorgWarner Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BorgWarner's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BorgWarner's standard deviation. In reality, there are many statistical measures that can use BorgWarner historical prices to predict the future BorgWarner's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BorgWarner'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.
Hype
Prediction
LowEstimatedHigh
32.8634.7036.54
Details
Intrinsic
Valuation
LowRealHigh
31.2342.4344.27
Details
Naive
Forecast
LowNextHigh
31.8133.6635.50
Details
20 Analysts
Consensus
LowTargetHigh
46.4651.0556.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BorgWarner. Your research has to be compared to or analyzed against BorgWarner's peers to derive any actionable benefits. When done correctly, BorgWarner's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BorgWarner.

BorgWarner Backtested Returns

BorgWarner secures Sharpe Ratio (or Efficiency) of -0.0166, which signifies that the company had a -0.0166% return per unit of risk over the last 3 months. BorgWarner exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BorgWarner's Mean Deviation of 1.24, standard deviation of 1.77, and Risk Adjusted Performance of (0) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.69, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BorgWarner will likely underperform. BorgWarner has an expected return of -0.0305%. Please make sure to confirm BorgWarner kurtosis, and the relationship between the maximum drawdown and rate of daily change , to decide if BorgWarner performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.89  

Very good predictability

BorgWarner has very good predictability. Overlapping area represents the amount of predictability between BorgWarner time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th 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 BorgWarner price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current BorgWarner price fluctuation can be explain by its past prices.
Correlation Coefficient0.89
Spearman Rank Test0.8
Residual Average0.0
Price Variance0.7

BorgWarner lagged returns against current returns

Autocorrelation, which is BorgWarner 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 BorgWarner's stock expected returns. We can calculate the autocorrelation of BorgWarner returns to help us make a trade decision. For example, suppose you find that BorgWarner 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  

BorgWarner 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 BorgWarner stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BorgWarner stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BorgWarner stock over time.
   Current vs Lagged Prices   
       Timeline  

BorgWarner Lagged Returns

When evaluating BorgWarner's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BorgWarner stock have on its future price. BorgWarner 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, BorgWarner autocorrelation shows the relationship between BorgWarner stock current value and its past values and can show if there is a momentum factor associated with investing in BorgWarner.
   Regressed Prices   
       Timeline  

Pair Trading with BorgWarner

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 BorgWarner 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 BorgWarner will appreciate offsetting losses from the drop in the long position's value.

Moving against BorgWarner Stock

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The ability to find closely correlated positions to BorgWarner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BorgWarner 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 BorgWarner - 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 BorgWarner to buy it.
The correlation of BorgWarner 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 BorgWarner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BorgWarner 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 BorgWarner 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.
Pair CorrelationCorrelation Matching
When determining whether BorgWarner offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BorgWarner's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Borgwarner Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Borgwarner Stock:
Check out BorgWarner Correlation, BorgWarner Volatility and BorgWarner Alpha and Beta module to complement your research on BorgWarner.
For information on how to trade BorgWarner Stock refer to our How to Trade BorgWarner Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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BorgWarner 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.
A focus of BorgWarner technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BorgWarner trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...