Bentley Systemsinc Stock Market Value
BSY Stock | USD 48.87 0.08 0.16% |
Symbol | Bentley |
Bentley SystemsInc Price To Book Ratio
Is Bentley SystemsInc'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 Bentley SystemsInc. If investors know Bentley 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 Bentley SystemsInc 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 5.545 | Dividend Share 0.2 | Earnings Share 1 | Revenue Per Share 3.933 | Quarterly Revenue Growth 0.083 |
The market value of Bentley SystemsInc is measured differently than its book value, which is the value of Bentley that is recorded on the company's balance sheet. Investors also form their own opinion of Bentley SystemsInc's value that differs from its market value or its book value, called intrinsic value, which is Bentley SystemsInc'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 Bentley SystemsInc's market value can be influenced by many factors that don't directly affect Bentley SystemsInc'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 Bentley SystemsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bentley SystemsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bentley SystemsInc'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.
Bentley SystemsInc '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 Bentley SystemsInc'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 Bentley SystemsInc.
03/25/2023 |
| 03/19/2024 |
If you would invest 0.00 in Bentley SystemsInc on March 25, 2023 and sell it all today you would earn a total of 0.00 from holding Bentley SystemsInc or generate 0.0% return on investment in Bentley SystemsInc over 360 days. Bentley SystemsInc is related to or competes with Eventbrite, Kingsoft Cloud, C3 Ai, and Daily Journal. Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in... More
Bentley SystemsInc 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 Bentley SystemsInc'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 Bentley SystemsInc upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.08) | |||
Maximum Drawdown | 10.01 | |||
Value At Risk | (4.64) | |||
Potential Upside | 2.86 |
Bentley SystemsInc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bentley SystemsInc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bentley SystemsInc's standard deviation. In reality, there are many statistical measures that can use Bentley SystemsInc historical prices to predict the future Bentley SystemsInc's volatility.Risk Adjusted Performance | (0) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bentley SystemsInc'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 Bentley SystemsInc in the context of predictive analytics.
Bentley SystemsInc Backtested Returns
Bentley SystemsInc secures Sharpe Ratio (or Efficiency) of -0.0152, which signifies that the company had -0.0152% return per unit of risk over the last 3 months. Our standpoint towards 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. Bentley SystemsInc 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 Bentley SystemsInc's Mean Deviation of 1.49, risk adjusted performance of (0), and Standard Deviation of 2.08 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.77, 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, Bentley SystemsInc will likely underperform. Bentley SystemsInc exposes twenty-three different technical indicators, which can help you to evaluate its performance. Bentley SystemsInc has an expected return of -0.0325%. Please make sure to confirm Bentley SystemsInc jensen alpha, skewness, as well as the relationship between the Skewness and day typical price to decide if Bentley SystemsInc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.09 |
Very weak reverse predictability
Bentley SystemsInc has very weak reverse predictability. Overlapping area represents the amount of predictability between Bentley SystemsInc time series from 25th of March 2023 to 21st of September 2023 and 21st of September 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 Bentley SystemsInc price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Bentley SystemsInc price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.09 | |
Spearman Rank Test | 0.01 | |
Residual Average | 0.0 | |
Price Variance | 3.0 |
Bentley SystemsInc lagged returns against current returns
Autocorrelation, which is Bentley SystemsInc 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 Bentley SystemsInc's stock expected returns. We can calculate the autocorrelation of Bentley SystemsInc returns to help us make a trade decision. For example, suppose you find that Bentley SystemsInc 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 |
Bentley SystemsInc 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 Bentley SystemsInc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bentley SystemsInc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bentley SystemsInc stock over time.
Current vs Lagged Prices |
Timeline |
Bentley SystemsInc Lagged Returns
When evaluating Bentley SystemsInc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bentley SystemsInc stock have on its future price. Bentley SystemsInc 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, Bentley SystemsInc autocorrelation shows the relationship between Bentley SystemsInc stock current value and its past values and can show if there is a momentum factor associated with investing in Bentley SystemsInc.
Regressed Prices |
Timeline |
Pair Trading with Bentley SystemsInc
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 Bentley SystemsInc 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 Bentley SystemsInc will appreciate offsetting losses from the drop in the long position's value.Moving against Bentley Stock
0.44 | ML | MoneyLion Report 21st of March 2024 | PairCorr |
The ability to find closely correlated positions to Bentley SystemsInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bentley SystemsInc 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 Bentley SystemsInc - 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 Bentley SystemsInc to buy it.
The correlation of Bentley SystemsInc 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 Bentley SystemsInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bentley SystemsInc 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 Bentley SystemsInc 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 Bentley SystemsInc Correlation, Bentley SystemsInc Volatility and Bentley SystemsInc Alpha and Beta module to complement your research on Bentley SystemsInc. For more information on how to buy Bentley Stock please use our How to Invest in Bentley SystemsInc guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Bentley Stock analysis
When running Bentley SystemsInc's price analysis, check to measure Bentley SystemsInc'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 Bentley SystemsInc is operating at the current time. Most of Bentley SystemsInc's value examination focuses on studying past and present price action to predict the probability of Bentley SystemsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bentley SystemsInc's price. Additionally, you may evaluate how the addition of Bentley SystemsInc to your portfolios can decrease your overall portfolio volatility.
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Bentley SystemsInc 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.