Buzzi Unicem Spa Stock Market Value
| BZZUY Stock | USD 20.98 0.00 0.00% |
| Symbol | Buzzi |
Buzzi Unicem '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 Buzzi Unicem's pink sheet 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 Buzzi Unicem.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Buzzi Unicem on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Buzzi Unicem SpA or generate 0.0% return on investment in Buzzi Unicem over 30 days. Buzzi Unicem is related to or competes with China National, Anhui Conch, Lafargeholcim, HeidelbergCement, Wienerberger Baustoffindustri, Anhui Conch, and Holcim. Buzzi Unicem S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, an... More
Buzzi Unicem 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 Buzzi Unicem's pink sheet 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 Buzzi Unicem SpA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | 0.0139 | |||
| Maximum Drawdown | 11.48 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.83 |
Buzzi Unicem Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buzzi Unicem's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buzzi Unicem's standard deviation. In reality, there are many statistical measures that can use Buzzi Unicem historical prices to predict the future Buzzi Unicem's volatility.| Risk Adjusted Performance | 0.0638 | |||
| Jensen Alpha | 0.1362 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0135 | |||
| Treynor Ratio | (1.77) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Buzzi Unicem's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Buzzi Unicem SpA Backtested Returns
At this stage we consider Buzzi Pink Sheet to be not too volatile. Buzzi Unicem SpA secures Sharpe Ratio (or Efficiency) of 0.0914, which signifies that the company had a 0.0914% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Buzzi Unicem SpA, which you can use to evaluate the volatility of the firm. Please confirm Buzzi Unicem's Downside Deviation of 1.88, risk adjusted performance of 0.0638, and Mean Deviation of 1.13 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Buzzi Unicem has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0725, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Buzzi Unicem are expected to decrease at a much lower rate. During the bear market, Buzzi Unicem is likely to outperform the market. Buzzi Unicem SpA right now shows a risk of 1.85%. Please confirm Buzzi Unicem SpA semi variance, and the relationship between the value at risk and kurtosis , to decide if Buzzi Unicem SpA will be following its price patterns.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Buzzi Unicem SpA has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Buzzi Unicem time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Buzzi Unicem SpA price movement. The serial correlation of -0.72 indicates that around 72.0% of current Buzzi Unicem price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Buzzi Unicem SpA lagged returns against current returns
Autocorrelation, which is Buzzi Unicem pink sheet'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 Buzzi Unicem's pink sheet expected returns. We can calculate the autocorrelation of Buzzi Unicem returns to help us make a trade decision. For example, suppose you find that Buzzi Unicem has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Buzzi Unicem 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 Buzzi Unicem pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buzzi Unicem pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buzzi Unicem pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Buzzi Unicem Lagged Returns
When evaluating Buzzi Unicem's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buzzi Unicem pink sheet have on its future price. Buzzi Unicem 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, Buzzi Unicem autocorrelation shows the relationship between Buzzi Unicem pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Buzzi Unicem SpA.
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 Buzzi Pink Sheet Analysis
When running Buzzi Unicem's price analysis, check to measure Buzzi Unicem'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 Buzzi Unicem is operating at the current time. Most of Buzzi Unicem's value examination focuses on studying past and present price action to predict the probability of Buzzi Unicem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Buzzi Unicem's price. Additionally, you may evaluate how the addition of Buzzi Unicem to your portfolios can decrease your overall portfolio volatility.