Sparebank (UK) Market Value
| 0Q57 Stock | 144.80 0.20 0.14% |
| Symbol | Sparebank |
Sparebank '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 Sparebank'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 Sparebank.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Sparebank on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Sparebank 1 SR or generate 0.0% return on investment in Sparebank over 180 days. Sparebank is related to or competes with Uniper SE, Mulberry Group, London Security, Triad Group, World Chess, SURETRACK MON, and Heavitree Brewery. Sparebank is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Sparebank 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 Sparebank'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 Sparebank 1 SR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.71 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.81 |
Sparebank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sparebank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sparebank's standard deviation. In reality, there are many statistical measures that can use Sparebank historical prices to predict the future Sparebank's volatility.| Risk Adjusted Performance | 0.0736 | |||
| Jensen Alpha | 0.0793 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.7823 |
Sparebank 1 SR Backtested Returns
Currently, Sparebank 1 SR is very steady. Sparebank 1 SR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0991, which indicates the firm had a 0.0991% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sparebank 1 SR, which you can use to evaluate the volatility of the company. Please validate Sparebank's Risk Adjusted Performance of 0.0736, semi deviation of 0.8679, and Coefficient Of Variation of 1086.56 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Sparebank has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sparebank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sparebank is expected to be smaller as well. Sparebank 1 SR right now has a risk of 1.14%. Please validate Sparebank market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Sparebank will be following its existing price patterns.
Auto-correlation | 0.70 |
Good predictability
Sparebank 1 SR has good predictability. Overlapping area represents the amount of predictability between Sparebank time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Sparebank 1 SR price movement. The serial correlation of 0.7 indicates that around 70.0% of current Sparebank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 28.19 |
Sparebank 1 SR lagged returns against current returns
Autocorrelation, which is Sparebank 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 Sparebank's stock expected returns. We can calculate the autocorrelation of Sparebank returns to help us make a trade decision. For example, suppose you find that Sparebank 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 |
Sparebank 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 Sparebank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sparebank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sparebank stock over time.
Current vs Lagged Prices |
| Timeline |
Sparebank Lagged Returns
When evaluating Sparebank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sparebank stock have on its future price. Sparebank 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, Sparebank autocorrelation shows the relationship between Sparebank stock current value and its past values and can show if there is a momentum factor associated with investing in Sparebank 1 SR.
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 Sparebank Stock Analysis
When running Sparebank's price analysis, check to measure Sparebank'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 Sparebank is operating at the current time. Most of Sparebank's value examination focuses on studying past and present price action to predict the probability of Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebank's price. Additionally, you may evaluate how the addition of Sparebank to your portfolios can decrease your overall portfolio volatility.