Barbeque Nation (India) Market Value
| BARBEQUE | 498.30 2.15 0.43% |
| Symbol | Barbeque |
Barbeque Nation '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 Barbeque Nation'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 Barbeque Nation.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Barbeque Nation on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Barbeque Nation Hospitality or generate 0.0% return on investment in Barbeque Nation over 30 days. Barbeque Nation is related to or competes with Reliance Industries, Tata Consultancy, HDFC Bank, and Bharti Airtel. Barbeque Nation is entity of India. It is traded as Stock on NSE exchange. More
Barbeque Nation 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 Barbeque Nation'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 Barbeque Nation Hospitality upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 9.41 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.61 |
Barbeque Nation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barbeque Nation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barbeque Nation's standard deviation. In reality, there are many statistical measures that can use Barbeque Nation historical prices to predict the future Barbeque Nation's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.95) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Barbeque Nation'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.
Barbeque Nation Hosp Backtested Returns
Barbeque Nation Hosp secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of risk over the last 3 months. Barbeque Nation Hospitality exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Barbeque Nation's Mean Deviation of 1.33, risk adjusted performance of (0.13), and Standard Deviation of 1.73 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Barbeque Nation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Barbeque Nation is expected to be smaller as well. At this point, Barbeque Nation Hosp has a negative expected return of -0.37%. Please make sure to confirm Barbeque Nation's kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Barbeque Nation Hosp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.49 |
Average predictability
Barbeque Nation Hospitality has average predictability. Overlapping area represents the amount of predictability between Barbeque Nation time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th of December 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 Barbeque Nation Hosp price movement. The serial correlation of 0.49 indicates that about 49.0% of current Barbeque Nation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 96.83 |
Barbeque Nation Hosp lagged returns against current returns
Autocorrelation, which is Barbeque Nation 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 Barbeque Nation's stock expected returns. We can calculate the autocorrelation of Barbeque Nation returns to help us make a trade decision. For example, suppose you find that Barbeque Nation 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 |
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Barbeque Nation 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 Barbeque Nation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barbeque Nation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barbeque Nation stock over time.
Current vs Lagged Prices |
| Timeline |
Barbeque Nation Lagged Returns
When evaluating Barbeque Nation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barbeque Nation stock have on its future price. Barbeque Nation 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, Barbeque Nation autocorrelation shows the relationship between Barbeque Nation stock current value and its past values and can show if there is a momentum factor associated with investing in Barbeque Nation Hospitality.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Barbeque Stock Analysis
When running Barbeque Nation's price analysis, check to measure Barbeque Nation'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 Barbeque Nation is operating at the current time. Most of Barbeque Nation's value examination focuses on studying past and present price action to predict the probability of Barbeque Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barbeque Nation's price. Additionally, you may evaluate how the addition of Barbeque Nation to your portfolios can decrease your overall portfolio volatility.