Bourse Direct (France) Market Value
| BSD Stock | EUR 4.38 0.01 0.23% |
| Symbol | Bourse |
Bourse Direct '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 Bourse Direct'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 Bourse Direct.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Bourse Direct on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Bourse Direct SA or generate 0.0% return on investment in Bourse Direct over 210 days. Bourse Direct is related to or competes with BigBen Interactive, ABC Arbitrage, CBO Territoria, Aurea SA, and Chargeurs. Bourse Direct SA provides Internet stock brokerage services in France More
Bourse Direct 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 Bourse Direct'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 Bourse Direct SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 9.0 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 2.82 |
Bourse Direct Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bourse Direct's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bourse Direct's standard deviation. In reality, there are many statistical measures that can use Bourse Direct historical prices to predict the future Bourse Direct's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (9.23) |
Bourse Direct SA Backtested Returns
Bourse Direct SA secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Bourse Direct SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bourse Direct's Mean Deviation of 1.29, risk adjusted performance of (0.12), and Standard Deviation of 1.76 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0313, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bourse Direct's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bourse Direct is expected to be smaller as well. At this point, Bourse Direct SA has a negative expected return of -0.22%. Please make sure to confirm Bourse Direct's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Bourse Direct SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Bourse Direct SA has below average predictability. Overlapping area represents the amount of predictability between Bourse Direct time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 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 Bourse Direct SA price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Bourse Direct price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Bourse Direct SA lagged returns against current returns
Autocorrelation, which is Bourse Direct 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 Bourse Direct's stock expected returns. We can calculate the autocorrelation of Bourse Direct returns to help us make a trade decision. For example, suppose you find that Bourse Direct 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 |
Bourse Direct 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 Bourse Direct stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bourse Direct stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bourse Direct stock over time.
Current vs Lagged Prices |
| Timeline |
Bourse Direct Lagged Returns
When evaluating Bourse Direct's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bourse Direct stock have on its future price. Bourse Direct 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, Bourse Direct autocorrelation shows the relationship between Bourse Direct stock current value and its past values and can show if there is a momentum factor associated with investing in Bourse Direct SA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Bourse Stock
Bourse Direct financial ratios help investors to determine whether Bourse 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 Bourse with respect to the benefits of owning Bourse Direct security.