Bang Olufsen (Denmark) Market Value
| BO Stock | DKK 13.30 0.38 2.78% |
| Symbol | Bang |
Bang Olufsen '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 Bang Olufsen'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 Bang Olufsen.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Bang Olufsen on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Bang Olufsen or generate 0.0% return on investment in Bang Olufsen over 90 days. Bang Olufsen is related to or competes with FLSmidth, Ambu AS, GN Store, and ISS AS. Bang Olufsen as designs, develops, and markets audio and video products More
Bang Olufsen 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 Bang Olufsen'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 Bang Olufsen upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.96 | |||
| Information Ratio | 0.2837 | |||
| Maximum Drawdown | 14.01 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 4.66 |
Bang Olufsen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bang Olufsen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bang Olufsen's standard deviation. In reality, there are many statistical measures that can use Bang Olufsen historical prices to predict the future Bang Olufsen's volatility.| Risk Adjusted Performance | 0.2205 | |||
| Jensen Alpha | 0.6352 | |||
| Total Risk Alpha | 0.9558 | |||
| Sortino Ratio | 0.3766 | |||
| Treynor Ratio | 12.44 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bang Olufsen'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.
Bang Olufsen Backtested Returns
Bang Olufsen appears to be not too volatile, given 3 months investment horizon. Bang Olufsen secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25 % return per unit of risk over the last 3 months. By analyzing Bang Olufsen's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of Bang Olufsen's Mean Deviation of 1.94, risk adjusted performance of 0.2205, and Downside Deviation of 1.96 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bang Olufsen holds a performance score of 19. The firm shows a Beta (market volatility) of 0.0506, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bang Olufsen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bang Olufsen is expected to be smaller as well. Please check Bang Olufsen's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Bang Olufsen's price patterns will revert.
Auto-correlation | 0.90 |
Excellent predictability
Bang Olufsen has excellent predictability. Overlapping area represents the amount of predictability between Bang Olufsen time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Bang Olufsen price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Bang Olufsen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
Bang Olufsen lagged returns against current returns
Autocorrelation, which is Bang Olufsen 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 Bang Olufsen's stock expected returns. We can calculate the autocorrelation of Bang Olufsen returns to help us make a trade decision. For example, suppose you find that Bang Olufsen 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 |
Bang Olufsen 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 Bang Olufsen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bang Olufsen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bang Olufsen stock over time.
Current vs Lagged Prices |
| Timeline |
Bang Olufsen Lagged Returns
When evaluating Bang Olufsen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bang Olufsen stock have on its future price. Bang Olufsen 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, Bang Olufsen autocorrelation shows the relationship between Bang Olufsen stock current value and its past values and can show if there is a momentum factor associated with investing in Bang Olufsen.
Regressed Prices |
| Timeline |
Other Information on Investing in Bang Stock
Bang Olufsen financial ratios help investors to determine whether Bang 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 Bang with respect to the benefits of owning Bang Olufsen security.