Basic Fit (Netherlands) Market Value
| BFIT Stock | EUR 26.28 0.30 1.15% |
| Symbol | Basic |
Basic Fit '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 Basic Fit'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 Basic Fit.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Basic Fit on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Basic Fit NV or generate 0.0% return on investment in Basic Fit over 90 days. Basic Fit is related to or competes with Alfen Beheer, Just Eat, Kinepolis Group, Galapagos, and PostNL NV. Basic-Fit N.V. operates fitness clubs in the Netherlands, Belgium, Luxembourg, France, and Spain More
Basic Fit 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 Basic Fit'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 Basic Fit NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.2549 | |||
| Maximum Drawdown | 8.31 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.68 |
Basic Fit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Basic Fit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Basic Fit's standard deviation. In reality, there are many statistical measures that can use Basic Fit historical prices to predict the future Basic Fit's volatility.| Risk Adjusted Performance | 0.326 | |||
| Jensen Alpha | 0.497 | |||
| Total Risk Alpha | 0.3109 | |||
| Sortino Ratio | 0.2527 | |||
| Treynor Ratio | 2.08 |
Basic Fit NV Backtested Returns
Basic Fit appears to be very steady, given 3 months investment horizon. Basic Fit NV secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33 % return per unit of risk over the last 3 months. By analyzing Basic Fit's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Basic Fit's Risk Adjusted Performance of 0.326, mean deviation of 1.23, and Downside Deviation of 1.58 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Basic Fit holds a performance score of 25. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Basic Fit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Basic Fit is expected to be smaller as well. Please check Basic Fit's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Basic Fit's price patterns will revert.
Auto-correlation | 0.85 |
Very good predictability
Basic Fit NV has very good predictability. Overlapping area represents the amount of predictability between Basic Fit time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 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 Basic Fit NV price movement. The serial correlation of 0.85 indicates that around 85.0% of current Basic Fit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 1.08 |
Basic Fit NV lagged returns against current returns
Autocorrelation, which is Basic Fit 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 Basic Fit's stock expected returns. We can calculate the autocorrelation of Basic Fit returns to help us make a trade decision. For example, suppose you find that Basic Fit 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 |
Basic Fit 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 Basic Fit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Basic Fit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Basic Fit stock over time.
Current vs Lagged Prices |
| Timeline |
Basic Fit Lagged Returns
When evaluating Basic Fit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Basic Fit stock have on its future price. Basic Fit 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, Basic Fit autocorrelation shows the relationship between Basic Fit stock current value and its past values and can show if there is a momentum factor associated with investing in Basic Fit NV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Basic Stock Analysis
When running Basic Fit's price analysis, check to measure Basic Fit'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 Basic Fit is operating at the current time. Most of Basic Fit's value examination focuses on studying past and present price action to predict the probability of Basic Fit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basic Fit's price. Additionally, you may evaluate how the addition of Basic Fit to your portfolios can decrease your overall portfolio volatility.