Bowler Metcalf (South Africa) Market Value
| BCF Stock | 1,325 0.00 0.00% |
| Symbol | Bowler |
Bowler Metcalf '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 Bowler Metcalf'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 Bowler Metcalf.
| 06/27/2024 |
| 12/24/2024 |
If you would invest 0.00 in Bowler Metcalf on June 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bowler Metcalf or generate 0.0% return on investment in Bowler Metcalf over 180 days. Bowler Metcalf is related to or competes with CA Sales, AfroCentric Investment, Brimstone Investment, British Amer, Astoria Investments, and Trematon Capital. More
Bowler Metcalf 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 Bowler Metcalf'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 Bowler Metcalf upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 18.94 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 3.16 |
Bowler Metcalf Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bowler Metcalf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bowler Metcalf's standard deviation. In reality, there are many statistical measures that can use Bowler Metcalf historical prices to predict the future Bowler Metcalf's volatility.| Risk Adjusted Performance | (0.0008) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.23) |
Bowler Metcalf Backtested Returns
At this point, Bowler Metcalf is very steady. Bowler Metcalf secures Sharpe Ratio (or Efficiency) of 0.059, which signifies that the company had a 0.059% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Bowler Metcalf, which you can use to evaluate the volatility of the firm. Please confirm Bowler Metcalf's Mean Deviation of 1.22, standard deviation of 2.66, and Risk Adjusted Performance of (0.0008) to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Bowler Metcalf has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bowler Metcalf's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bowler Metcalf is expected to be smaller as well. Bowler Metcalf right now shows a risk of 2.35%. Please confirm Bowler Metcalf potential upside, as well as the relationship between the kurtosis and day median price , to decide if Bowler Metcalf will be following its price patterns.
Auto-correlation | 0.47 |
Average predictability
Bowler Metcalf has average predictability. Overlapping area represents the amount of predictability between Bowler Metcalf time series from 27th of June 2024 to 25th of September 2024 and 25th of September 2024 to 24th 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 Bowler Metcalf price movement. The serial correlation of 0.47 indicates that about 47.0% of current Bowler Metcalf price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1931.65 |
Bowler Metcalf lagged returns against current returns
Autocorrelation, which is Bowler Metcalf 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 Bowler Metcalf's stock expected returns. We can calculate the autocorrelation of Bowler Metcalf returns to help us make a trade decision. For example, suppose you find that Bowler Metcalf 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 |
Bowler Metcalf 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 Bowler Metcalf stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bowler Metcalf stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bowler Metcalf stock over time.
Current vs Lagged Prices |
| Timeline |
Bowler Metcalf Lagged Returns
When evaluating Bowler Metcalf's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bowler Metcalf stock have on its future price. Bowler Metcalf 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, Bowler Metcalf autocorrelation shows the relationship between Bowler Metcalf stock current value and its past values and can show if there is a momentum factor associated with investing in Bowler Metcalf.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Bowler Stock
Bowler Metcalf financial ratios help investors to determine whether Bowler 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 Bowler with respect to the benefits of owning Bowler Metcalf security.