Burgenland Holding (Austria) Market Value
| BHD Stock | EUR 73.50 0.50 0.68% |
| Symbol | Burgenland |
Burgenland Holding '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 Burgenland Holding'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 Burgenland Holding.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Burgenland Holding on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Burgenland Holding Aktiengesellschaft or generate 0.0% return on investment in Burgenland Holding over 90 days. Burgenland Holding is related to or competes with EVN AG, AGRANA Beteiligungs, Palfinger, Rosenbauer International, and Kapsch Traffic. Burgenland Holding Aktiengesellschaft, through its investment in Energie Burgenland AG, engages in the generation and sa... More
Burgenland Holding 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 Burgenland Holding'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 Burgenland Holding Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.34 | |||
| Information Ratio | 0.1108 | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 2.94 |
Burgenland Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Burgenland Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Burgenland Holding's standard deviation. In reality, there are many statistical measures that can use Burgenland Holding historical prices to predict the future Burgenland Holding's volatility.| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | 0.0738 | |||
| Total Risk Alpha | 0.2893 | |||
| Sortino Ratio | 0.0561 | |||
| Treynor Ratio | (2.02) |
Burgenland Holding Backtested Returns
Burgenland Holding is very steady at the moment. Burgenland Holding secures Sharpe Ratio (or Efficiency) of 0.0348, which signifies that the company had a 0.0348 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Burgenland Holding Aktiengesellschaft, which you can use to evaluate the volatility of the firm. Please confirm Burgenland Holding's Mean Deviation of 0.8489, downside deviation of 3.34, and Risk Adjusted Performance of 0.0502 to double-check if the risk estimate we provide is consistent with the expected return of 0.0612%. Burgenland Holding has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0387, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Burgenland Holding are expected to decrease at a much lower rate. During the bear market, Burgenland Holding is likely to outperform the market. Burgenland Holding right now shows a risk of 1.76%. Please confirm Burgenland Holding semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if Burgenland Holding will be following its price patterns.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Burgenland Holding Aktiengesellschaft has insignificant reverse predictability. Overlapping area represents the amount of predictability between Burgenland Holding time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Burgenland Holding price movement. The serial correlation of -0.18 indicates that over 18.0% of current Burgenland Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 2.12 |
Burgenland Holding lagged returns against current returns
Autocorrelation, which is Burgenland Holding 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 Burgenland Holding's stock expected returns. We can calculate the autocorrelation of Burgenland Holding returns to help us make a trade decision. For example, suppose you find that Burgenland Holding 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 |
Burgenland Holding 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 Burgenland Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Burgenland Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Burgenland Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Burgenland Holding Lagged Returns
When evaluating Burgenland Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Burgenland Holding stock have on its future price. Burgenland Holding 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, Burgenland Holding autocorrelation shows the relationship between Burgenland Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Burgenland Holding Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Burgenland Stock
Burgenland Holding financial ratios help investors to determine whether Burgenland 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 Burgenland with respect to the benefits of owning Burgenland Holding security.