BUNZL PLC's market value is the price at which a share of BUNZL PLC trades on a public exchange. It measures the collective expectations of BUNZL PLC ADR investors about its performance. BUNZL PLC is trading at 19.40 as of the 24th of December 2024. This is a 1.02% down since the beginning of the trading day. The stock's lowest day price was 19.4. With this module, you can estimate the performance of a buy and hold strategy of BUNZL PLC ADR and determine expected loss or profit from investing in BUNZL PLC over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
BUNZL
BUNZL PLC '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 BUNZL PLC'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 BUNZL PLC.
0.00
11/24/2024
No Change 0.00
0.0
In 30 days
12/24/2024
0.00
If you would invest 0.00 in BUNZL PLC on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding BUNZL PLC ADR or generate 0.0% return on investment in BUNZL PLC over 30 days.
BUNZL PLC 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 BUNZL PLC'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 BUNZL PLC ADR upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for BUNZL PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BUNZL PLC's standard deviation. In reality, there are many statistical measures that can use BUNZL PLC historical prices to predict the future BUNZL PLC's volatility.
BUNZL PLC ADR secures Sharpe Ratio (or Efficiency) of -0.086, which signifies that the company had a -0.086% return per unit of risk over the last 3 months. BUNZL PLC ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BUNZL PLC's risk adjusted performance of (0.06), and Mean Deviation of 1.0 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BUNZL PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding BUNZL PLC is expected to be smaller as well. At this point, BUNZL PLC ADR has a negative expected return of -0.11%. Please make sure to confirm BUNZL PLC's skewness, day median price, and the relationship between the treynor ratio and daily balance of power , to decide if BUNZL PLC ADR performance from the past will be repeated at future time.
Auto-correlation
-0.82
Excellent reverse predictability
BUNZL PLC ADR has excellent reverse predictability. Overlapping area represents the amount of predictability between BUNZL PLC time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 BUNZL PLC ADR price movement. The serial correlation of -0.82 indicates that around 82.0% of current BUNZL PLC price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.82
Spearman Rank Test
-0.86
Residual Average
0.0
Price Variance
0.72
BUNZL PLC ADR lagged returns against current returns
Autocorrelation, which is BUNZL PLC 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 BUNZL PLC's stock expected returns. We can calculate the autocorrelation of BUNZL PLC returns to help us make a trade decision. For example, suppose you find that BUNZL PLC 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
BUNZL PLC 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 BUNZL PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BUNZL PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BUNZL PLC stock over time.
Current vs Lagged Prices
Timeline
BUNZL PLC Lagged Returns
When evaluating BUNZL PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BUNZL PLC stock have on its future price. BUNZL PLC 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, BUNZL PLC autocorrelation shows the relationship between BUNZL PLC stock current value and its past values and can show if there is a momentum factor associated with investing in BUNZL PLC ADR.