Birkenstock Holding Plc Stock Market Value
| BIRK Stock | 51.66 1.15 2.28% |
| Symbol | Birkenstock |
Birkenstock Holding plc Price To Book Ratio
Is Textiles, Apparel & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Birkenstock Holding. If investors know Birkenstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Birkenstock Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.151 | Earnings Share 0.62 | Revenue Per Share 9.25 | Quarterly Revenue Growth 0.194 | Return On Assets 0.0453 |
The market value of Birkenstock Holding plc is measured differently than its book value, which is the value of Birkenstock that is recorded on the company's balance sheet. Investors also form their own opinion of Birkenstock Holding's value that differs from its market value or its book value, called intrinsic value, which is Birkenstock Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Birkenstock Holding's market value can be influenced by many factors that don't directly affect Birkenstock Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Birkenstock Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Birkenstock Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birkenstock Holding'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.
Birkenstock 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 Birkenstock 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 Birkenstock Holding.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Birkenstock Holding on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Birkenstock Holding plc or generate 0.0% return on investment in Birkenstock Holding over 720 days. Birkenstock Holding is related to or competes with Waters, EnVVeno Medical, Figs, Sonida Senior, Gap,, Neogen, and Amgen. Birkenstock Holding is entity of United States More
Birkenstock 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 Birkenstock 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 Birkenstock Holding plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 16.14 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.5 |
Birkenstock Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Birkenstock Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Birkenstock Holding's standard deviation. In reality, there are many statistical measures that can use Birkenstock Holding historical prices to predict the future Birkenstock Holding's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.29) |
Birkenstock Holding plc Backtested Returns
As of now, Birkenstock Stock is very steady. Birkenstock Holding plc secures Sharpe Ratio (or Efficiency) of 0.0376, which signifies that the company had a 0.0376% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Birkenstock Holding plc, which you can use to evaluate the volatility of the firm. Please confirm Birkenstock Holding's Risk Adjusted Performance of (0.05), standard deviation of 2.82, and Mean Deviation of 1.74 to double-check if the risk estimate we provide is consistent with the expected return of 0.0754%. Birkenstock Holding has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Birkenstock Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Birkenstock Holding is expected to be smaller as well. Birkenstock Holding plc right now shows a risk of 2.0%. Please confirm Birkenstock Holding plc total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Birkenstock Holding plc will be following its price patterns.
Auto-correlation | -0.52 |
Good reverse predictability
Birkenstock Holding plc has good reverse predictability. Overlapping area represents the amount of predictability between Birkenstock Holding time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 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 Birkenstock Holding plc price movement. The serial correlation of -0.52 indicates that about 52.0% of current Birkenstock Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.83 |
Birkenstock Holding plc lagged returns against current returns
Autocorrelation, which is Birkenstock 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 Birkenstock Holding's stock expected returns. We can calculate the autocorrelation of Birkenstock Holding returns to help us make a trade decision. For example, suppose you find that Birkenstock 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 |
Birkenstock 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 Birkenstock Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Birkenstock Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Birkenstock Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Birkenstock Holding Lagged Returns
When evaluating Birkenstock Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Birkenstock Holding stock have on its future price. Birkenstock 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, Birkenstock Holding autocorrelation shows the relationship between Birkenstock Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Birkenstock Holding plc.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Birkenstock Holding Correlation, Birkenstock Holding Volatility and Birkenstock Holding Alpha and Beta module to complement your research on Birkenstock Holding. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Birkenstock Holding 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.