Borgestad (Norway) Market Value

BOR Stock  NOK 17.55  0.24  1.35%   
Borgestad's market value is the price at which a share of Borgestad trades on a public exchange. It measures the collective expectations of Borgestad A investors about its performance. Borgestad is selling for 17.55 as of the 18th of March 2025. This is a 1.35% down since the beginning of the trading day. The stock's lowest day price was 17.55.
With this module, you can estimate the performance of a buy and hold strategy of Borgestad A and determine expected loss or profit from investing in Borgestad over a given investment horizon. Check out Borgestad Correlation, Borgestad Volatility and Borgestad Alpha and Beta module to complement your research on Borgestad.
Symbol

Please note, there is a significant difference between Borgestad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Borgestad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Borgestad'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.

Borgestad '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 Borgestad'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 Borgestad.
0.00
01/17/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/18/2025
0.00
If you would invest  0.00  in Borgestad on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Borgestad A or generate 0.0% return on investment in Borgestad over 60 days. Borgestad is related to or competes with Goodtech, Havila Shipping, Eidesvik Offshore, Byggma, and Odfjell SE. Borgestad ASA develops, manufactures, distributes, and installs refractory products in Norway More

Borgestad 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 Borgestad'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 Borgestad A upside and downside potential and time the market with a certain degree of confidence.

Borgestad Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Borgestad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Borgestad's standard deviation. In reality, there are many statistical measures that can use Borgestad historical prices to predict the future Borgestad's volatility.
Hype
Prediction
LowEstimatedHigh
14.9417.5520.16
Details
Intrinsic
Valuation
LowRealHigh
13.0115.6218.23
Details

Borgestad A Backtested Returns

As of now, Borgestad Stock is not too volatile. Borgestad A secures Sharpe Ratio (or Efficiency) of 0.0333, which signifies that the company had a 0.0333 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Borgestad A, which you can use to evaluate the volatility of the firm. Please confirm Borgestad's Risk Adjusted Performance of 0.0121, downside deviation of 2.46, and Mean Deviation of 1.81 to double-check if the risk estimate we provide is consistent with the expected return of 0.087%. Borgestad has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0274, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Borgestad's returns are expected to increase less than the market. However, during the bear market, the loss of holding Borgestad is expected to be smaller as well. Borgestad A right now shows a risk of 2.61%. Please confirm Borgestad A semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Borgestad A will be following its price patterns.

Auto-correlation

    
  -0.41  

Modest reverse predictability

Borgestad A has modest reverse predictability. Overlapping area represents the amount of predictability between Borgestad time series from 17th of January 2025 to 16th of February 2025 and 16th of February 2025 to 18th 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 Borgestad A price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Borgestad price fluctuation can be explain by its past prices.
Correlation Coefficient-0.41
Spearman Rank Test-0.32
Residual Average0.0
Price Variance0.32
Borgestad ReturnsBorgestad Lagged ReturnsDiversified AwayBorgestad ReturnsBorgestad Lagged ReturnsDiversified Away100%

Borgestad A lagged returns against current returns

Autocorrelation, which is Borgestad 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 Borgestad's stock expected returns. We can calculate the autocorrelation of Borgestad returns to help us make a trade decision. For example, suppose you find that Borgestad 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   
JavaScript chart by amCharts 3.21.15Feb 17Feb 21Feb 25MarMar 05Mar 09Mar 13Mar 17-4%-2%0%2%4%6%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Borgestad 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 Borgestad stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Borgestad stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Borgestad stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 17Feb 21Feb 25MarMar 05Mar 09Mar 13Mar 1717.818.018.218.418.6
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Borgestad Lagged Returns

When evaluating Borgestad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Borgestad stock have on its future price. Borgestad 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, Borgestad autocorrelation shows the relationship between Borgestad stock current value and its past values and can show if there is a momentum factor associated with investing in Borgestad A.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 20Jan 27FebFeb 10Feb 17Feb 24MarMar 10Mar 1717.518.018.519.0
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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Other Information on Investing in Borgestad Stock

Borgestad financial ratios help investors to determine whether Borgestad 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 Borgestad with respect to the benefits of owning Borgestad security.