Buhler Industries Stock Market Value
BUI Stock | CAD 2.89 0.01 0.35% |
Symbol | Buhler |
Buhler Industries Price To Book Ratio
Buhler Industries '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 Buhler Industries' 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 Buhler Industries.
11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Buhler Industries on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Buhler Industries or generate 0.0% return on investment in Buhler Industries over 30 days. Buhler Industries is related to or competes with Clarke, Accord Financial, ADF, Algoma Central, and Ceres Global. Buhler Industries Inc., through its subsidiaries, produces and sells agricultural equipment in Canada and internationall... More
Buhler Industries 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 Buhler Industries' 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 Buhler Industries upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | 0.0728 | |||
Maximum Drawdown | 22.37 | |||
Value At Risk | (0.81) | |||
Potential Upside | 2.08 |
Buhler Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buhler Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buhler Industries' standard deviation. In reality, there are many statistical measures that can use Buhler Industries historical prices to predict the future Buhler Industries' volatility.Risk Adjusted Performance | 0.0948 | |||
Jensen Alpha | 0.363 | |||
Total Risk Alpha | (0.10) | |||
Treynor Ratio | (0.55) |
Buhler Industries Backtested Returns
Buhler Industries appears to be unstable, given 3 months investment horizon. Buhler Industries secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Buhler Industries, which you can use to evaluate the volatility of the firm. Please makes use of Buhler Industries' Mean Deviation of 0.7858, risk adjusted performance of 0.0948, and Standard Deviation of 2.56 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Buhler Industries holds a performance score of 9. The firm shows a Beta (market volatility) of -0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Buhler Industries are expected to decrease at a much lower rate. During the bear market, Buhler Industries is likely to outperform the market. Please check Buhler Industries' potential upside, and the relationship between the information ratio and rate of daily change , to make a quick decision on whether Buhler Industries' price patterns will revert.
Auto-correlation | -0.57 |
Good reverse predictability
Buhler Industries has good reverse predictability. Overlapping area represents the amount of predictability between Buhler Industries time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Buhler Industries price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Buhler Industries price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.57 | |
Spearman Rank Test | 0.86 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Buhler Industries lagged returns against current returns
Autocorrelation, which is Buhler Industries 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 Buhler Industries' stock expected returns. We can calculate the autocorrelation of Buhler Industries returns to help us make a trade decision. For example, suppose you find that Buhler Industries 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 |
Buhler Industries 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 Buhler Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buhler Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buhler Industries stock over time.
Current vs Lagged Prices |
Timeline |
Buhler Industries Lagged Returns
When evaluating Buhler Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buhler Industries stock have on its future price. Buhler Industries 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, Buhler Industries autocorrelation shows the relationship between Buhler Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Buhler Industries.
Regressed Prices |
Timeline |
Pair Trading with Buhler Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Buhler Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Buhler Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Buhler Stock
0.82 | ARA | Aclara Resources | PairCorr |
0.76 | CCL-A | CCL Industries | PairCorr |
0.62 | RCI-A | Rogers Communications | PairCorr |
The ability to find closely correlated positions to Buhler Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Buhler Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Buhler Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Buhler Industries to buy it.
The correlation of Buhler Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Buhler Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Buhler Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Buhler Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Buhler Stock
Buhler Industries financial ratios help investors to determine whether Buhler 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 Buhler with respect to the benefits of owning Buhler Industries security.