Bezvavlasy (Czech Republic) Market Value
| BEZVA Stock | 710.00 10.00 1.39% |
| Symbol | Bezvavlasy |
Please note, there is a significant difference between Bezvavlasy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bezvavlasy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bezvavlasy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Bezvavlasy '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 Bezvavlasy'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 Bezvavlasy.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Bezvavlasy on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Bezvavlasy as or generate 0.0% return on investment in Bezvavlasy over 90 days. Bezvavlasy is related to or competes with Komercni Banka, and Vienna Insurance. More
Bezvavlasy 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 Bezvavlasy'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 Bezvavlasy as upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.17 | |||
| Maximum Drawdown | 4.26 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.7194 |
Bezvavlasy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bezvavlasy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bezvavlasy's standard deviation. In reality, there are many statistical measures that can use Bezvavlasy historical prices to predict the future Bezvavlasy's volatility.| Risk Adjusted Performance | 0.0287 | |||
| Jensen Alpha | 0.0131 | |||
| Total Risk Alpha | 0.0763 | |||
| Sortino Ratio | 0.085 | |||
| Treynor Ratio | 13.01 |
Bezvavlasy as Backtested Returns
Currently, Bezvavlasy as is very steady. Bezvavlasy as secures Sharpe Ratio (or Efficiency) of 0.0437, which signifies that the company had a 0.0437 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bezvavlasy as, which you can use to evaluate the volatility of the firm. Please confirm Bezvavlasy's Mean Deviation of 0.2341, downside deviation of 1.22, and Risk Adjusted Performance of 0.0287 to double-check if the risk estimate we provide is consistent with the expected return of 0.0257%. Bezvavlasy has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.001, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bezvavlasy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bezvavlasy is expected to be smaller as well. Bezvavlasy as right now shows a risk of 0.59%. Please confirm Bezvavlasy as skewness, and the relationship between the potential upside and rate of daily change , to decide if Bezvavlasy as will be following its price patterns.
Auto-correlation | 0.85 |
Very good predictability
Bezvavlasy as has very good predictability. Overlapping area represents the amount of predictability between Bezvavlasy time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Bezvavlasy as price movement. The serial correlation of 0.85 indicates that around 85.0% of current Bezvavlasy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 75.61 |
Bezvavlasy as lagged returns against current returns
Autocorrelation, which is Bezvavlasy 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 Bezvavlasy's stock expected returns. We can calculate the autocorrelation of Bezvavlasy returns to help us make a trade decision. For example, suppose you find that Bezvavlasy 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 |
Bezvavlasy 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 Bezvavlasy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bezvavlasy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bezvavlasy stock over time.
Current vs Lagged Prices |
| Timeline |
Bezvavlasy Lagged Returns
When evaluating Bezvavlasy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bezvavlasy stock have on its future price. Bezvavlasy 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, Bezvavlasy autocorrelation shows the relationship between Bezvavlasy stock current value and its past values and can show if there is a momentum factor associated with investing in Bezvavlasy as.
Regressed Prices |
| Timeline |
Pair Trading with Bezvavlasy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bezvavlasy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bezvavlasy will appreciate offsetting losses from the drop in the long position's value.Moving together with Bezvavlasy Stock
| 0.66 | CEZ | Cez AS Earnings Call Today | PairCorr |
Moving against Bezvavlasy Stock
The ability to find closely correlated positions to Bezvavlasy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bezvavlasy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bezvavlasy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bezvavlasy as to buy it.
The correlation of Bezvavlasy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bezvavlasy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bezvavlasy as moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bezvavlasy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bezvavlasy Stock Analysis
When running Bezvavlasy's price analysis, check to measure Bezvavlasy'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 Bezvavlasy is operating at the current time. Most of Bezvavlasy's value examination focuses on studying past and present price action to predict the probability of Bezvavlasy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bezvavlasy's price. Additionally, you may evaluate how the addition of Bezvavlasy to your portfolios can decrease your overall portfolio volatility.