Beazer Homes (Germany) Market Value
| BE4A Stock | EUR 32.60 0.20 0.61% |
| Symbol | Beazer |
Beazer Homes '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 Beazer Homes' 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 Beazer Homes.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Beazer Homes on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Beazer Homes USA or generate 0.0% return on investment in Beazer Homes over 360 days. Beazer Homes is related to or competes with Ribbon Communications, Astral Foods, Chunghwa Telecom, Entravision Communications, SENECA FOODS-A, Zoom Video, and United Natural. Beazer Homes USA, Inc. operates as a homebuilder in the United States More
Beazer Homes 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 Beazer Homes' 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 Beazer Homes USA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.25 | |||
| Information Ratio | 0.0508 | |||
| Maximum Drawdown | 25.4 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 4.35 |
Beazer Homes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beazer Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beazer Homes' standard deviation. In reality, there are many statistical measures that can use Beazer Homes historical prices to predict the future Beazer Homes' volatility.| Risk Adjusted Performance | 0.0786 | |||
| Jensen Alpha | 0.095 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0511 | |||
| Treynor Ratio | 0.1885 |
Beazer Homes USA Backtested Returns
Beazer Homes appears to be not too volatile, given 3 months investment horizon. Beazer Homes USA secures Sharpe Ratio (or Efficiency) of 0.0901, which signifies that the company had a 0.0901% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Beazer Homes USA, which you can use to evaluate the volatility of the firm. Please makes use of Beazer Homes' risk adjusted performance of 0.0786, and Mean Deviation of 2.06 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beazer Homes holds a performance score of 7. The firm shows a Beta (market volatility) of 1.56, 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, Beazer Homes will likely underperform. Please check Beazer Homes' semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Beazer Homes' price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Beazer Homes USA has poor reverse predictability. Overlapping area represents the amount of predictability between Beazer Homes time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 Beazer Homes USA price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Beazer Homes price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 5.16 |
Beazer Homes USA lagged returns against current returns
Autocorrelation, which is Beazer Homes 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 Beazer Homes' stock expected returns. We can calculate the autocorrelation of Beazer Homes returns to help us make a trade decision. For example, suppose you find that Beazer Homes 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 |
Beazer Homes 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 Beazer Homes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beazer Homes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beazer Homes stock over time.
Current vs Lagged Prices |
| Timeline |
Beazer Homes Lagged Returns
When evaluating Beazer Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beazer Homes stock have on its future price. Beazer Homes 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, Beazer Homes autocorrelation shows the relationship between Beazer Homes stock current value and its past values and can show if there is a momentum factor associated with investing in Beazer Homes USA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Beazer Stock
When determining whether Beazer Homes USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beazer Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Beazer Homes Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beazer Homes Usa Stock:Check out Beazer Homes Correlation, Beazer Homes Volatility and Beazer Homes Alpha and Beta module to complement your research on Beazer Homes. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Beazer Homes 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.