Big Yellow (Germany) Market Value
| BYG Stock | EUR 27.90 0.15 0.53% |
| Symbol | Big |
Big Yellow '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 Big Yellow'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 Big Yellow.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in Big Yellow on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Big Yellow Group or generate 0.0% return on investment in Big Yellow over 390 days. Big Yellow is related to or competes with Vinci S, Johnson Controls, Larsen Toubro, China Railway, China Communications, WSP Global, and China Railway. Bouygues SA, together with its subsidiaries, operates in the construction, telecom, and media sectors in France and inte... More
Big Yellow 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 Big Yellow'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 Big Yellow Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.16 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 2.25 |
Big Yellow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Big Yellow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Big Yellow's standard deviation. In reality, there are many statistical measures that can use Big Yellow historical prices to predict the future Big Yellow's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.904 |
Big Yellow Group Backtested Returns
Big Yellow Group secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Big Yellow Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Big Yellow's risk adjusted performance of (0.11), and Mean Deviation of 0.9337 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Big Yellow are expected to decrease at a much lower rate. During the bear market, Big Yellow is likely to outperform the market. At this point, Big Yellow Group has a negative expected return of -0.16%. Please make sure to confirm Big Yellow's treynor ratio, kurtosis, and the relationship between the jensen alpha and potential upside , to decide if Big Yellow Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.61 |
Very good reverse predictability
Big Yellow Group has very good reverse predictability. Overlapping area represents the amount of predictability between Big Yellow time series from 28th of November 2023 to 10th of June 2024 and 10th of June 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 Big Yellow Group price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Big Yellow price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 1.88 |
Big Yellow Group lagged returns against current returns
Autocorrelation, which is Big Yellow 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 Big Yellow's stock expected returns. We can calculate the autocorrelation of Big Yellow returns to help us make a trade decision. For example, suppose you find that Big Yellow 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 |
Big Yellow 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 Big Yellow stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Big Yellow stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Big Yellow stock over time.
Current vs Lagged Prices |
| Timeline |
Big Yellow Lagged Returns
When evaluating Big Yellow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Big Yellow stock have on its future price. Big Yellow 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, Big Yellow autocorrelation shows the relationship between Big Yellow stock current value and its past values and can show if there is a momentum factor associated with investing in Big Yellow Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Big Stock
Big Yellow financial ratios help investors to determine whether Big 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 Big with respect to the benefits of owning Big Yellow security.