BSA (Australia) Market Value
| BSA Stock | 0.98 0.01 1.01% |
| Symbol | BSA |
BSA '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 BSA'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 BSA.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in BSA on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding BSA or generate 0.0% return on investment in BSA over 30 days. BSA is related to or competes with Woolworths, Wesfarmers, Coles, Ramsay Health, Ramsay Health, Rio Tinto, and Commonwealth Bank. BSA is entity of Australia. It is traded as Stock on AU exchange. More
BSA 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 BSA'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 BSA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.83 | |||
| Information Ratio | 0.0633 | |||
| Maximum Drawdown | 18.97 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 5.15 |
BSA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BSA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BSA's standard deviation. In reality, there are many statistical measures that can use BSA historical prices to predict the future BSA's volatility.| Risk Adjusted Performance | 0.0659 | |||
| Jensen Alpha | 0.2084 | |||
| Total Risk Alpha | 0.1297 | |||
| Sortino Ratio | 0.0681 | |||
| Treynor Ratio | 0.7114 |
BSA Backtested Returns
BSA appears to be dangerous, given 3 months investment horizon. BSA retains Efficiency (Sharpe Ratio) of 0.0739, which signifies that the company had a 0.0739% return per unit of risk over the last 3 months. We have found thirty technical indicators for BSA, which you can use to evaluate the volatility of the firm. Please makes use of BSA's market risk adjusted performance of 0.7214, and Coefficient Of Variation of 1354.59 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BSA holds a performance score of 5. The firm owns a Beta (Systematic Risk) of 0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BSA's returns are expected to increase less than the market. However, during the bear market, the loss of holding BSA is expected to be smaller as well. Please check BSA's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether BSA's current price history will revert.
Auto-correlation | 0.23 |
Weak predictability
BSA has weak predictability. Overlapping area represents the amount of predictability between BSA time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 BSA price movement. The serial correlation of 0.23 indicates that over 23.0% of current BSA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BSA lagged returns against current returns
Autocorrelation, which is BSA 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 BSA's stock expected returns. We can calculate the autocorrelation of BSA returns to help us make a trade decision. For example, suppose you find that BSA 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 |
BSA 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 BSA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BSA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BSA stock over time.
Current vs Lagged Prices |
| Timeline |
BSA Lagged Returns
When evaluating BSA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BSA stock have on its future price. BSA 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, BSA autocorrelation shows the relationship between BSA stock current value and its past values and can show if there is a momentum factor associated with investing in BSA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BSA Stock Analysis
When running BSA's price analysis, check to measure BSA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BSA is operating at the current time. Most of BSA's value examination focuses on studying past and present price action to predict the probability of BSA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BSA's price. Additionally, you may evaluate how the addition of BSA to your portfolios can decrease your overall portfolio volatility.