Bouygues (France) Market Value
| EN Stock | EUR 28.12 0.09 0.32% |
| Symbol | Bouygues |
Bouygues '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 Bouygues' 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 Bouygues.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Bouygues on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Bouygues SA or generate 0.0% return on investment in Bouygues over 30 days. Bouygues is related to or competes with Vinci SA, Compagnie, Orange SA, Veolia Environnement, and Carrefour. Bouygues SA, together with its subsidiaries, operates in the construction, telecom, and media sectors in France and inte... More
Bouygues 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 Bouygues' 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 Bouygues SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 6.84 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 1.29 |
Bouygues Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bouygues' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bouygues' standard deviation. In reality, there are many statistical measures that can use Bouygues historical prices to predict the future Bouygues' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 1.18 |
Bouygues SA Backtested Returns
Bouygues SA secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Bouygues SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bouygues' Mean Deviation of 0.9663, risk adjusted performance of (0.12), and Standard Deviation of 1.26 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bouygues are expected to decrease at a much lower rate. During the bear market, Bouygues is likely to outperform the market. At this point, Bouygues SA has a negative expected return of -0.21%. Please make sure to confirm Bouygues' potential upside, daily balance of power, price action indicator, as well as the relationship between the kurtosis and day median price , to decide if Bouygues SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Bouygues SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Bouygues time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Bouygues SA price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Bouygues price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Bouygues SA lagged returns against current returns
Autocorrelation, which is Bouygues 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 Bouygues' stock expected returns. We can calculate the autocorrelation of Bouygues returns to help us make a trade decision. For example, suppose you find that Bouygues 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 |
Bouygues 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 Bouygues stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bouygues stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bouygues stock over time.
Current vs Lagged Prices |
| Timeline |
Bouygues Lagged Returns
When evaluating Bouygues' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bouygues stock have on its future price. Bouygues 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, Bouygues autocorrelation shows the relationship between Bouygues stock current value and its past values and can show if there is a momentum factor associated with investing in Bouygues SA.
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.Other Information on Investing in Bouygues Stock
Bouygues financial ratios help investors to determine whether Bouygues 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 Bouygues with respect to the benefits of owning Bouygues security.