BJs Wholesale (Germany) Market Value
| 8BJ Stock | EUR 99.00 1.00 1.02% |
| Symbol | BJs |
BJs Wholesale '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 BJs Wholesale'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 BJs Wholesale.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in BJs Wholesale on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding BJs Wholesale Club or generate 0.0% return on investment in BJs Wholesale over 30 days. BJs Wholesale is related to or competes with PennyMac Mortgage, New Residential, Merit Medical, REINET INVESTMENTS, Japan Asia, and Japan Medical. BJs Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the east coast of the Uni... More
BJs Wholesale 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 BJs Wholesale'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 BJs Wholesale Club upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.1675 | |||
| Maximum Drawdown | 11.87 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.73 |
BJs Wholesale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BJs Wholesale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BJs Wholesale's standard deviation. In reality, there are many statistical measures that can use BJs Wholesale historical prices to predict the future BJs Wholesale's volatility.| Risk Adjusted Performance | 0.1308 | |||
| Jensen Alpha | 0.3168 | |||
| Total Risk Alpha | 0.3287 | |||
| Sortino Ratio | 0.209 | |||
| Treynor Ratio | 0.418 |
BJs Wholesale Club Backtested Returns
At this point, BJs Wholesale is very steady. BJs Wholesale Club secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for BJs Wholesale Club, which you can use to evaluate the volatility of the firm. Please confirm BJs Wholesale's Downside Deviation of 1.52, risk adjusted performance of 0.1308, and Mean Deviation of 1.39 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. BJs Wholesale has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BJs Wholesale's returns are expected to increase less than the market. However, during the bear market, the loss of holding BJs Wholesale is expected to be smaller as well. BJs Wholesale Club right now shows a risk of 1.47%. Please confirm BJs Wholesale Club total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if BJs Wholesale Club will be following its price patterns.
Auto-correlation | -0.81 |
Excellent reverse predictability
BJs Wholesale Club has excellent reverse predictability. Overlapping area represents the amount of predictability between BJs Wholesale time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BJs Wholesale Club price movement. The serial correlation of -0.81 indicates that around 81.0% of current BJs Wholesale price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 3.29 |
BJs Wholesale Club lagged returns against current returns
Autocorrelation, which is BJs Wholesale 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 BJs Wholesale's stock expected returns. We can calculate the autocorrelation of BJs Wholesale returns to help us make a trade decision. For example, suppose you find that BJs Wholesale 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 |
BJs Wholesale 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 BJs Wholesale stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BJs Wholesale stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BJs Wholesale stock over time.
Current vs Lagged Prices |
| Timeline |
BJs Wholesale Lagged Returns
When evaluating BJs Wholesale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BJs Wholesale stock have on its future price. BJs Wholesale 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, BJs Wholesale autocorrelation shows the relationship between BJs Wholesale stock current value and its past values and can show if there is a momentum factor associated with investing in BJs Wholesale Club.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in BJs Stock
When determining whether BJs Wholesale Club is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BJs Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bjs Wholesale Club Stock. Highlighted below are key reports to facilitate an investment decision about Bjs Wholesale Club Stock:Check out BJs Wholesale Correlation, BJs Wholesale Volatility and BJs Wholesale Alpha and Beta module to complement your research on BJs Wholesale. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
BJs Wholesale 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.