Bayside Land's market value is the price at which a share of Bayside Land trades on a public exchange. It measures the collective expectations of Bayside Land investors about its performance. Bayside Land is trading at 2862.00 as of the 9th of January 2025, a 0.59 percent decrease since the beginning of the trading day. The stock's open price was 2879.0. With this module, you can estimate the performance of a buy and hold strategy of Bayside Land and determine expected loss or profit from investing in Bayside Land over a given investment horizon. Check out Bayside Land Correlation, Bayside Land Volatility and Bayside Land Alpha and Beta module to complement your research on Bayside Land.
Please note, there is a significant difference between Bayside Land's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bayside Land is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bayside Land's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Bayside Land '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 Bayside Land'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 Bayside Land.
0.00
12/10/2024
No Change 0.00
0.0
In 31 days
01/09/2025
0.00
If you would invest 0.00 in Bayside Land on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding Bayside Land or generate 0.0% return on investment in Bayside Land over 30 days. Bayside Land is related to or competes with Sure Tech, Scope Metals, B Communications, Suny Cellular, Nrgene Technologies, Millennium Food, and Opko Health. Bayside Land Corporation Ltd operates as a real estate company in Israel More
Bayside Land 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 Bayside Land'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 Bayside Land 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 Bayside Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bayside Land's standard deviation. In reality, there are many statistical measures that can use Bayside Land historical prices to predict the future Bayside Land's volatility.
Bayside Land secures Sharpe Ratio (or Efficiency) of -0.0893, which signifies that the company had a -0.0893% return per unit of risk over the last 3 months. Bayside Land exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bayside Land's Risk Adjusted Performance of (0.02), mean deviation of 0.9244, and Standard Deviation of 1.34 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0799, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bayside Land's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bayside Land is expected to be smaller as well. At this point, Bayside Land has a negative expected return of -0.1%. Please make sure to confirm Bayside Land's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Bayside Land performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.57
Good reverse predictability
Bayside Land has good reverse predictability. Overlapping area represents the amount of predictability between Bayside Land time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th of January 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 Bayside Land price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Bayside Land price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.57
Spearman Rank Test
-0.5
Residual Average
0.0
Price Variance
133.23
Bayside Land lagged returns against current returns
Autocorrelation, which is Bayside Land 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 Bayside Land's stock expected returns. We can calculate the autocorrelation of Bayside Land returns to help us make a trade decision. For example, suppose you find that Bayside Land 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
Bayside Land 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 Bayside Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bayside Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bayside Land stock over time.
Current vs Lagged Prices
Timeline
Bayside Land Lagged Returns
When evaluating Bayside Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bayside Land stock have on its future price. Bayside Land 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, Bayside Land autocorrelation shows the relationship between Bayside Land stock current value and its past values and can show if there is a momentum factor associated with investing in Bayside Land.
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.
Bayside Land financial ratios help investors to determine whether Bayside 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 Bayside with respect to the benefits of owning Bayside Land security.