Belimo Holding Ag Stock Market Value
| BLHWF Stock | USD 679.39 0.00 0.00% |
| Symbol | BELIMO |
BELIMO 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 BELIMO Holding's otc 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 BELIMO Holding.
| 12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in BELIMO Holding on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding BELIMO Holding AG or generate 0.0% return on investment in BELIMO Holding over 720 days. BELIMO Holding is related to or competes with Geberit AG, Louisiana Pacific, AAON, Quanex Building, Gibraltar Industries, Carlisle Companies, and Lennox International. BELIMO Holding AG, together with its subsidiaries, develops, manufactures, and sells damper actuators, control valves, s... More
BELIMO 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 BELIMO Holding's otc 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 BELIMO Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0257 | |||
| Maximum Drawdown | 13.05 |
BELIMO Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BELIMO Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BELIMO Holding's standard deviation. In reality, there are many statistical measures that can use BELIMO Holding historical prices to predict the future BELIMO Holding's volatility.| Risk Adjusted Performance | 0.0457 | |||
| Jensen Alpha | 0.0537 | |||
| Total Risk Alpha | 0.0189 | |||
| Treynor Ratio | 1.21 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BELIMO Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BELIMO Holding AG Backtested Returns
At this point, BELIMO Holding is out of control. BELIMO Holding AG secures Sharpe Ratio (or Efficiency) of 0.0541, which signifies that the company had a 0.0541% return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for BELIMO Holding AG, which you can use to evaluate the volatility of the firm. Please confirm BELIMO Holding's Coefficient Of Variation of 1878.21, mean deviation of 0.2668, and Risk Adjusted Performance of 0.0457 to double-check if the risk estimate we provide is consistent with the expected return of 0.0667%. BELIMO Holding has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0452, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BELIMO Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding BELIMO Holding is expected to be smaller as well. BELIMO Holding AG at this time shows a risk of 1.23%. Please confirm BELIMO Holding AG standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to decide if BELIMO Holding AG will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
BELIMO Holding AG has very weak predictability. Overlapping area represents the amount of predictability between BELIMO Holding time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th 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 BELIMO Holding AG price movement. The serial correlation of 0.18 indicates that over 18.0% of current BELIMO Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 4769.46 |
BELIMO Holding AG lagged returns against current returns
Autocorrelation, which is BELIMO Holding otc 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 BELIMO Holding's otc stock expected returns. We can calculate the autocorrelation of BELIMO Holding returns to help us make a trade decision. For example, suppose you find that BELIMO Holding has exhibited high autocorrelation historically, and you observe that the otc 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 |
BELIMO 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 BELIMO Holding otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BELIMO Holding otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BELIMO Holding otc stock over time.
Current vs Lagged Prices |
| Timeline |
BELIMO Holding Lagged Returns
When evaluating BELIMO Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BELIMO Holding otc stock have on its future price. BELIMO 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, BELIMO Holding autocorrelation shows the relationship between BELIMO Holding otc stock current value and its past values and can show if there is a momentum factor associated with investing in BELIMO Holding AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BELIMO OTC Stock
BELIMO Holding financial ratios help investors to determine whether BELIMO OTC 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 BELIMO with respect to the benefits of owning BELIMO Holding security.