Bayerische Motoren Werke Stock Market Value
| BMWYY Stock | USD 38.07 0.10 0.26% |
| Symbol | Bayerische |
Bayerische Motoren '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 Bayerische Motoren's pink sheet 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 Bayerische Motoren.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Bayerische Motoren on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Bayerische Motoren Werke or generate 0.0% return on investment in Bayerische Motoren over 30 days. Bayerische Motoren is related to or competes with Volkswagen, Stellantis, and Toyota. Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobil... More
Bayerische Motoren 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 Bayerische Motoren's pink sheet 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 Bayerische Motoren Werke upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.0667 | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 2.53 |
Bayerische Motoren Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bayerische Motoren's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bayerische Motoren's standard deviation. In reality, there are many statistical measures that can use Bayerische Motoren historical prices to predict the future Bayerische Motoren's volatility.| Risk Adjusted Performance | 0.0862 | |||
| Jensen Alpha | 0.0926 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0579 | |||
| Treynor Ratio | 0.1682 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bayerische Motoren'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.
Bayerische Motoren Werke Backtested Returns
We consider Bayerische Motoren very steady. Bayerische Motoren Werke secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bayerische Motoren Werke, which you can use to evaluate the volatility of the firm. Please confirm Bayerische Motoren's Mean Deviation of 1.06, downside deviation of 1.77, and Risk Adjusted Performance of 0.0862 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Bayerische Motoren has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.12, which signifies a somewhat significant risk relative to the market. Bayerische Motoren returns are very sensitive to returns on the market. As the market goes up or down, Bayerische Motoren is expected to follow. Bayerische Motoren Werke right now shows a risk of 1.58%. Please confirm Bayerische Motoren Werke value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to decide if Bayerische Motoren Werke will be following its price patterns.
Auto-correlation | -0.64 |
Very good reverse predictability
Bayerische Motoren Werke has very good reverse predictability. Overlapping area represents the amount of predictability between Bayerische Motoren 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 Bayerische Motoren Werke price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Bayerische Motoren price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 1.42 |
Bayerische Motoren Werke lagged returns against current returns
Autocorrelation, which is Bayerische Motoren pink sheet'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 Bayerische Motoren's pink sheet expected returns. We can calculate the autocorrelation of Bayerische Motoren returns to help us make a trade decision. For example, suppose you find that Bayerische Motoren has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Bayerische Motoren 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 Bayerische Motoren pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bayerische Motoren pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bayerische Motoren pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bayerische Motoren Lagged Returns
When evaluating Bayerische Motoren's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bayerische Motoren pink sheet have on its future price. Bayerische Motoren 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, Bayerische Motoren autocorrelation shows the relationship between Bayerische Motoren pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bayerische Motoren Werke.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bayerische Motoren in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bayerische Motoren's short interest history, or implied volatility extrapolated from Bayerische Motoren options trading.
Pair Trading with Bayerische Motoren
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 Bayerische Motoren 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 Bayerische Motoren will appreciate offsetting losses from the drop in the long position's value.Moving together with Bayerische Pink Sheet
| 0.87 | TM | Toyota Motor Financial Report 8th of May 2024 | PairCorr |
| 0.87 | TOYOF | Toyota Motor Corp | PairCorr |
| 0.89 | VWAGY | Volkswagen AG 110 Earnings Call This Week | PairCorr |
Moving against Bayerische Pink Sheet
| 0.42 | TLK | Telkom Indonesia Tbk Financial Report 26th of April 2024 | PairCorr |
The ability to find closely correlated positions to Bayerische Motoren could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bayerische Motoren 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 Bayerische Motoren - 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 Bayerische Motoren Werke to buy it.
The correlation of Bayerische Motoren 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 Bayerische Motoren moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bayerische Motoren Werke 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 Bayerische Motoren 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 Bayerische Motoren Correlation, Bayerische Motoren Volatility and Bayerische Motoren Alpha and Beta module to complement your research on Bayerische Motoren. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Bayerische Pink Sheet analysis
When running Bayerische Motoren's price analysis, check to measure Bayerische Motoren'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 Bayerische Motoren is operating at the current time. Most of Bayerische Motoren's value examination focuses on studying past and present price action to predict the probability of Bayerische Motoren's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bayerische Motoren's price. Additionally, you may evaluate how the addition of Bayerische Motoren to your portfolios can decrease your overall portfolio volatility.
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Bayerische Motoren technical pink sheet 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, pink sheet market cycles, or different charting patterns.