Bigbloc Construction (India) Market Value
| BIGBLOC Stock | 63.01 2.34 3.86% |
| Symbol | Bigbloc |
Bigbloc Construction '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 Bigbloc Construction'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 Bigbloc Construction.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Bigbloc Construction on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Bigbloc Construction Limited or generate 0.0% return on investment in Bigbloc Construction over 90 days. Bigbloc Construction is related to or competes with Kewal Kiran, Dhunseri Investments, Indian Card, Zodiac Clothing, Music Broadcast, Industrial Investment, and Cholamandalam Investment. Bigbloc Construction is entity of India. It is traded as Stock on NSE exchange. More
Bigbloc Construction 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 Bigbloc Construction'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 Bigbloc Construction Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 18.86 | |||
| Value At Risk | (5.58) | |||
| Potential Upside | 6.24 |
Bigbloc Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bigbloc Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bigbloc Construction's standard deviation. In reality, there are many statistical measures that can use Bigbloc Construction historical prices to predict the future Bigbloc Construction's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 1.38 |
Bigbloc Construction Backtested Returns
Bigbloc Construction secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the company had a -0.24 % return per unit of standard deviation over the last 3 months. Bigbloc Construction Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bigbloc Construction's mean deviation of 2.63, and Risk Adjusted Performance of (0.20) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bigbloc Construction are expected to decrease at a much lower rate. During the bear market, Bigbloc Construction is likely to outperform the market. At this point, Bigbloc Construction has a negative expected return of -0.88%. Please make sure to confirm Bigbloc Construction's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Bigbloc Construction performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Bigbloc Construction Limited has good predictability. Overlapping area represents the amount of predictability between Bigbloc Construction 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 Bigbloc Construction price movement. The serial correlation of 0.68 indicates that around 68.0% of current Bigbloc Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 45.55 |
Bigbloc Construction lagged returns against current returns
Autocorrelation, which is Bigbloc Construction 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 Bigbloc Construction's stock expected returns. We can calculate the autocorrelation of Bigbloc Construction returns to help us make a trade decision. For example, suppose you find that Bigbloc Construction 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 |
Bigbloc Construction 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 Bigbloc Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bigbloc Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bigbloc Construction stock over time.
Current vs Lagged Prices |
| Timeline |
Bigbloc Construction Lagged Returns
When evaluating Bigbloc Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bigbloc Construction stock have on its future price. Bigbloc Construction 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, Bigbloc Construction autocorrelation shows the relationship between Bigbloc Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Bigbloc Construction Limited.
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 Bigbloc Stock
Bigbloc Construction financial ratios help investors to determine whether Bigbloc 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 Bigbloc with respect to the benefits of owning Bigbloc Construction security.