Belden Inc Stock Market Value
| BDC Stock | USD 85.26 2.49 2.84% |
| Symbol | Belden |
Belden Inc Price To Book Ratio
Is Belden'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 Belden. If investors know Belden 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 Belden 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 (0.36) | Dividend Share 0.2 | Earnings Share 5.66 | Revenue Per Share 59.476 | Quarterly Revenue Growth (0.16) |
The market value of Belden Inc is measured differently than its book value, which is the value of Belden that is recorded on the company's balance sheet. Investors also form their own opinion of Belden's value that differs from its market value or its book value, called intrinsic value, which is Belden'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 Belden's market value can be influenced by many factors that don't directly affect Belden'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 Belden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Belden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Belden'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.
Belden '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 Belden'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 Belden.
| 03/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in Belden on March 17, 2024 and sell it all today you would earn a total of 0.00 from holding Belden Inc or generate 0.0% return on investment in Belden over 30 days. Belden is related to or competes with Clearfield, Comtech Telecommunicatio, Knowles Cor, Extreme Networks, KVH Industries, ADTRAN, and Mynaric AG. Belden Inc. provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and th... More
Belden 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 Belden'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 Belden Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.0836 | |||
| Maximum Drawdown | 16.44 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.03 |
Belden Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Belden's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Belden's standard deviation. In reality, there are many statistical measures that can use Belden historical prices to predict the future Belden's volatility.| Risk Adjusted Performance | 0.0776 | |||
| Jensen Alpha | 0.2372 | |||
| Total Risk Alpha | 0.0517 | |||
| Sortino Ratio | 0.1029 | |||
| Treynor Ratio | (4.92) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Belden'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.
Belden Inc Backtested Returns
Belden appears to be very steady, given 3 months investment horizon. Belden Inc secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Belden Inc, which you can use to evaluate the volatility of the firm. Please makes use of Belden's Mean Deviation of 1.35, downside deviation of 1.77, and Risk Adjusted Performance of 0.0776 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Belden holds a performance score of 9. The firm shows a Beta (market volatility) of -0.0477, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Belden are expected to decrease at a much lower rate. During the bear market, Belden is likely to outperform the market. Please check Belden's standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to make a quick decision on whether Belden's price patterns will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Belden Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Belden time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th 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 Belden Inc price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Belden price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 2.1 |
Belden Inc lagged returns against current returns
Autocorrelation, which is Belden 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 Belden's stock expected returns. We can calculate the autocorrelation of Belden returns to help us make a trade decision. For example, suppose you find that Belden 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 |
Belden 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 Belden stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Belden stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Belden stock over time.
Current vs Lagged Prices |
| Timeline |
Belden Lagged Returns
When evaluating Belden's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Belden stock have on its future price. Belden 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, Belden autocorrelation shows the relationship between Belden stock current value and its past values and can show if there is a momentum factor associated with investing in Belden Inc.
Regressed Prices |
| Timeline |
Belden Investors Sentiment
The influence of Belden's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Belden. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Belden's public news can be used to forecast risks associated with an investment in Belden. The trend in average sentiment can be used to explain how an investor holding Belden can time the market purely based on public headlines and social activities around Belden Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Belden's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Belden's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Belden's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Belden.
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 Belden 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, Belden's short interest history, or implied volatility extrapolated from Belden options trading.
Pair Trading with Belden
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 Belden 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 Belden will appreciate offsetting losses from the drop in the long position's value.Moving together with Belden Stock
| 0.71 | BHE | Benchmark Electronics Financial Report 1st of May 2024 | PairCorr |
| 0.93 | CLS | Celestica Financial Report 24th of April 2024 | PairCorr |
| 0.81 | CTS | CTS Corporation Financial Report 25th of April 2024 | PairCorr |
Moving against Belden Stock
| 0.75 | MEI | Methode Electronics Financial Report 27th of June 2024 | PairCorr |
| 0.62 | IONQ | IONQ Inc Financial Report 9th of May 2024 | PairCorr |
| 0.6 | GILT | Gilat Satellite Networks | PairCorr |
| 0.6 | IMTE | Integrated Media Tec Report 26th of April 2024 | PairCorr |
| 0.52 | PLXS | Plexus Corp Report 24th of April 2024 | PairCorr |
The ability to find closely correlated positions to Belden could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Belden 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 Belden - 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 Belden Inc to buy it.
The correlation of Belden 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 Belden moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Belden Inc 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 Belden 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 Belden Correlation, Belden Volatility and Belden Alpha and Beta module to complement your research on Belden. Note that the Belden Inc information on this page should be used as a complementary analysis to other Belden'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Belden Stock analysis
When running Belden's price analysis, check to measure Belden'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 Belden is operating at the current time. Most of Belden's value examination focuses on studying past and present price action to predict the probability of Belden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belden's price. Additionally, you may evaluate how the addition of Belden to your portfolios can decrease your overall portfolio volatility.
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Belden 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.