Baker Steel (UK) Market Value
| BSRT Stock | 51.60 0.48 0.94% |
| Symbol | Baker |
Baker Steel '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 Baker Steel'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 Baker Steel.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Baker Steel on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Baker Steel Resources or generate 0.0% return on investment in Baker Steel over 90 days. Baker Steel is related to or competes with Samsung Electronics, Verizon Communications, LPKF Laser, Charter Communications, Spirent Communications, Morgan Advanced, and Alaska Air. Baker Steel is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Baker Steel 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 Baker Steel'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 Baker Steel Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.8 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 3.57 |
Baker Steel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baker Steel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baker Steel's standard deviation. In reality, there are many statistical measures that can use Baker Steel historical prices to predict the future Baker Steel's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.0602 | |||
| Treynor Ratio | (0.31) |
Baker Steel Resources Backtested Returns
Baker Steel Resources secures Sharpe Ratio (or Efficiency) of -0.0898, which signifies that the company had a -0.0898 % return per unit of risk over the last 3 months. Baker Steel Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baker Steel's Standard Deviation of 1.84, risk adjusted performance of (0.07), and Mean Deviation of 1.03 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Baker Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baker Steel is expected to be smaller as well. At this point, Baker Steel Resources has a negative expected return of -0.17%. Please make sure to confirm Baker Steel's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Baker Steel Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Baker Steel Resources has very weak reverse predictability. Overlapping area represents the amount of predictability between Baker Steel time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Baker Steel Resources price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Baker Steel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 3.9 |
Baker Steel Resources lagged returns against current returns
Autocorrelation, which is Baker Steel 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 Baker Steel's stock expected returns. We can calculate the autocorrelation of Baker Steel returns to help us make a trade decision. For example, suppose you find that Baker Steel 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 |
Baker Steel 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 Baker Steel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baker Steel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baker Steel stock over time.
Current vs Lagged Prices |
| Timeline |
Baker Steel Lagged Returns
When evaluating Baker Steel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baker Steel stock have on its future price. Baker Steel 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, Baker Steel autocorrelation shows the relationship between Baker Steel stock current value and its past values and can show if there is a momentum factor associated with investing in Baker Steel Resources.
Regressed Prices |
| Timeline |
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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.Additional Tools for Baker Stock Analysis
When running Baker Steel's price analysis, check to measure Baker Steel'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 Baker Steel is operating at the current time. Most of Baker Steel's value examination focuses on studying past and present price action to predict the probability of Baker Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Steel's price. Additionally, you may evaluate how the addition of Baker Steel to your portfolios can decrease your overall portfolio volatility.