Bce Inc Stock Market Value

BCE Stock  USD 34.26  0.39  1.15%   
BCE's market value is the price at which a share of BCE trades on a public exchange. It measures the collective expectations of BCE Inc investors about its performance. BCE is trading at 34.26 as of the 28th of March 2024, a 1.15 percent increase since the beginning of the trading day. The stock's lowest day price was 33.9.
With this module, you can estimate the performance of a buy and hold strategy of BCE Inc and determine expected loss or profit from investing in BCE over a given investment horizon. Check out BCE Correlation, BCE Volatility and BCE Alpha and Beta module to complement your research on BCE.
Symbol

BCE Inc Price To Book Ratio

Is BCE's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BCE. If investors know BCE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BCE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
3.87
Earnings Share
1.68
Revenue Per Share
27.048
Quarterly Revenue Growth
0.005
The market value of BCE Inc is measured differently than its book value, which is the value of BCE that is recorded on the company's balance sheet. Investors also form their own opinion of BCE's value that differs from its market value or its book value, called intrinsic value, which is BCE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BCE's market value can be influenced by many factors that don't directly affect BCE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE'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.

BCE '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 BCE'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 BCE.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in BCE on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding BCE Inc or generate 0.0% return on investment in BCE over 30 days. BCE is related to or competes with GEN Restaurant, Southwest Gas, Western Midstream, Atmos Energy, Summit Hotel, and Biglari Holdings. BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television services to resi... More

BCE 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 BCE'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 BCE Inc upside and downside potential and time the market with a certain degree of confidence.

BCE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BCE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BCE's standard deviation. In reality, there are many statistical measures that can use BCE historical prices to predict the future BCE's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BCE'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.
Hype
Prediction
LowEstimatedHigh
33.0534.2135.37
Details
Intrinsic
Valuation
LowRealHigh
30.8339.8340.99
Details
Naive
Forecast
LowNextHigh
32.2833.4534.61
Details
19 Analysts
Consensus
LowTargetHigh
39.9543.9048.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BCE. Your research has to be compared to or analyzed against BCE's peers to derive any actionable benefits. When done correctly, BCE's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BCE Inc.

BCE Inc Backtested Returns

BCE Inc 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. BCE Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BCE's mean deviation of 0.862, and Variance of 1.29 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BCE's returns are expected to increase less than the market. However, during the bear market, the loss of holding BCE is expected to be smaller as well. BCE Inc has an expected return of -0.19%. Please make sure to confirm BCE Inc coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if BCE Inc performance from the past will be repeated at some future date.

Auto-correlation

    
  0.32  

Below average predictability

BCE Inc has below average predictability. Overlapping area represents the amount of predictability between BCE time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 BCE Inc price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current BCE price fluctuation can be explain by its past prices.
Correlation Coefficient0.32
Spearman Rank Test0.26
Residual Average0.0
Price Variance0.12

BCE Inc lagged returns against current returns

Autocorrelation, which is BCE 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 BCE's stock expected returns. We can calculate the autocorrelation of BCE returns to help us make a trade decision. For example, suppose you find that BCE 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  

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

BCE Lagged Returns

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

BCE Investors Sentiment

The influence of BCE'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 BCE. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to BCE's public news can be used to forecast risks associated with an investment in BCE. The trend in average sentiment can be used to explain how an investor holding BCE can time the market purely based on public headlines and social activities around BCE Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BCE's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BCE's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BCE's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BCE.
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 BCE 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, BCE's short interest history, or implied volatility extrapolated from BCE options trading.

Pair Trading with BCE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BCE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BCE will appreciate offsetting losses from the drop in the long position's value.

Moving against BCE Stock

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The ability to find closely correlated positions to BCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BCE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BCE Inc to buy it.
The correlation of BCE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCE Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BCE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BCE Inc is a strong investment it is important to analyze BCE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:
Check out BCE Correlation, BCE Volatility and BCE Alpha and Beta module to complement your research on BCE.
Note that the BCE Inc information on this page should be used as a complementary analysis to other BCE'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 the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for BCE Stock analysis

When running BCE's price analysis, check to measure BCE'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 BCE is operating at the current time. Most of BCE's value examination focuses on studying past and present price action to predict the probability of BCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BCE's price. Additionally, you may evaluate how the addition of BCE to your portfolios can decrease your overall portfolio volatility.
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BCE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of BCE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BCE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...