BSE (India) Market Value

BSESN -  India Index  

 54,326  1,534  2.91%

BSE's market value is the price at which a share of BSE stock trades on a public exchange. It measures the collective expectations of BSE investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of BSE and determine expected loss or profit from investing in BSE over a given investment horizon. Check out BSE Hype Analysis, BSE Correlation, Portfolio Optimization, BSE Volatility, as well as analyze BSE Alpha and Beta and BSE Performance.
Symbol
Backtest

Please note, there is a significant difference between BSE's value and its price as these two are different measures arrived at by different means. Investors typically determine BSE value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BSE'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.

BSE '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 BSE's index 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 BSE.
0.00
03/23/2022
No Change 0.00  0.0 
In 2 months and 1 day
05/22/2022
0.00
If you would invest  0.00  in BSE on March 23, 2022 and sell it all today you would earn a total of 0.00 from holding BSE or generate 0.0% return on investment in BSE over 60 days.

BSE 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 BSE's index 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 BSE upside and downside potential and time the market with a certain degree of confidence.

BSE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BSE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BSE's standard deviation. In reality, there are many statistical measures that can use BSE historical prices to predict the future BSE's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of BSE'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. Please use the tools below to analyze the current value of BSE in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
54,32554,32654,328
Details
Intrinsic
Valuation
LowReal ValueHigh
42,91642,91859,759
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BSE. Your research has to be compared to or analyzed against BSE's peers to derive any actionable benefits. When done correctly, BSE's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in BSE.

BSE Backtested Returns

BSE secures Sharpe Ratio (or Efficiency) of -0.0548, which signifies that the index had -0.0548% of return per unit of risk over the last 3 months. Macroaxis approach towards foreseeing the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. BSE exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away.
The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. Let's try to break down what BSE's beta means in this case. the returns on MARKET and BSE are completely uncorrelated. Even though it is essential to pay attention to BSE historical returns, it is always good to be careful when utilizing equity current trending patterns. Our approach towards foreseeing any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. BSE exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.02  

Virtually no predictability

BSE has virtually no predictability. Overlapping area represents the amount of predictability between BSE time series from 23rd of March 2022 to 22nd of April 2022 and 22nd of April 2022 to 22nd of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BSE price movement. The serial correlation of 0.02 indicates that only 2.0% of current BSE price fluctuation can be explain by its past prices.
Correlation Coefficient0.02
Spearman Rank Test0.07
Residual Average0.0
Price Variance2625980.1

BSE lagged returns against current returns

Autocorrelation, which is BSE index'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 BSE's index expected returns. We can calculate the autocorrelation of BSE returns to help us make a trade decision. For example, suppose you find that BSE index 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

BSE 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 BSE index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BSE index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BSE index over time.
 Current vs Lagged Prices 
Share
      Timeline 

BSE Lagged Returns

When evaluating BSE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BSE index have on its future price. BSE 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, BSE autocorrelation shows the relationship between BSE index current value and its past values and can show if there is a momentum factor associated with investing in BSE.
 Regressed Prices 
Share
      Timeline 

BSE Investors Sentiment

The influence of BSE's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BSE. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BSE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BSE's short interest history, or implied volatility extrapolated from BSE options trading.

Current Sentiment - BSESN

BSE Investor Sentiment

Most of Macroaxis investors are at this time bullish on BSE. What is your opinion about investing in India companies? Are you bullish or bearish on BSE?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

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.
Check out BSE Hype Analysis, BSE Correlation, Portfolio Optimization, BSE Volatility, as well as analyze BSE Alpha and Beta and BSE Performance. Note that the BSE information on this page should be used as a complementary analysis to other BSE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Tools for BSE Index

When running BSE price analysis, check to measure BSE'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 BSE is operating at the current time. Most of BSE's value examination focuses on studying past and present price action to predict the probability of BSE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BSE's price. Additionally, you may evaluate how the addition of BSE to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go