Bassac (France) Market Value
| BASS Stock | EUR 60.40 4.20 7.47% |
| Symbol | Bassac |
Bassac '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 Bassac'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 Bassac.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Bassac on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bassac or generate 0.0% return on investment in Bassac over 90 days. Bassac is related to or competes with Piscines Desjoyaux, Akwel SA, Groupe Guillin, Thermador Groupe, and ABC Arbitrage. BASSAC Socit anonyme operates as a real estate development company primarily in France, Germany, and Spain More
Bassac 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 Bassac'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 Bassac upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | 0.2879 | |||
| Maximum Drawdown | 16.7 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 6.06 |
Bassac Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bassac's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bassac's standard deviation. In reality, there are many statistical measures that can use Bassac historical prices to predict the future Bassac's volatility.| Risk Adjusted Performance | 0.2252 | |||
| Jensen Alpha | 0.682 | |||
| Total Risk Alpha | 0.9968 | |||
| Sortino Ratio | 0.4698 | |||
| Treynor Ratio | 3.53 |
Bassac Backtested Returns
Bassac appears to be very steady, given 3 months investment horizon. Bassac secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25 % return per unit of risk over the last 3 months. By analyzing Bassac's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please makes use of Bassac's Risk Adjusted Performance of 0.2252, downside deviation of 1.64, and Mean Deviation of 1.67 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bassac holds a performance score of 19. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bassac's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bassac is expected to be smaller as well. Please check Bassac's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Bassac's price patterns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
Bassac has very weak reverse predictability. Overlapping area represents the amount of predictability between Bassac time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Bassac price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Bassac price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 14.56 |
Bassac lagged returns against current returns
Autocorrelation, which is Bassac 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 Bassac's stock expected returns. We can calculate the autocorrelation of Bassac returns to help us make a trade decision. For example, suppose you find that Bassac 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 |
Bassac 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 Bassac stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bassac stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bassac stock over time.
Current vs Lagged Prices |
| Timeline |
Bassac Lagged Returns
When evaluating Bassac's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bassac stock have on its future price. Bassac 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, Bassac autocorrelation shows the relationship between Bassac stock current value and its past values and can show if there is a momentum factor associated with investing in Bassac.
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.Other Information on Investing in Bassac Stock
Bassac financial ratios help investors to determine whether Bassac Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bassac with respect to the benefits of owning Bassac security.