Alior Bank (UK) Market Value
| 0QBM Stock | 79.50 12.18 13.29% |
| Symbol | Alior |
Alior Bank '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 Alior Bank'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 Alior Bank.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Alior Bank on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Alior Bank SA or generate 0.0% return on investment in Alior Bank over 540 days. Alior Bank is related to or competes with HCA Healthcare, X FAB, Cairn Homes, Air Products, Omega Healthcare, Westlake Chemical, and Eco Animal. Alior Bank is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Alior Bank 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 Alior Bank'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 Alior Bank SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0422 | |||
| Maximum Drawdown | 16.72 |
Alior Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alior Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alior Bank's standard deviation. In reality, there are many statistical measures that can use Alior Bank historical prices to predict the future Alior Bank's volatility.| Risk Adjusted Performance | 0.0891 | |||
| Jensen Alpha | 0.1555 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.5672 |
Alior Bank SA Backtested Returns
Currently, Alior Bank SA is very steady. Alior Bank SA secures Sharpe Ratio (or Efficiency) of 0.0124, which signifies that the company had a 0.0124% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Alior Bank SA, which you can use to evaluate the volatility of the firm. Please confirm Alior Bank's Standard Deviation of 1.89, risk adjusted performance of 0.0891, and Mean Deviation of 0.4561 to double-check if the risk estimate we provide is consistent with the expected return of 0.0316%. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alior Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alior Bank is expected to be smaller as well. Alior Bank SA right now shows a risk of 2.55%. Please confirm Alior Bank SA coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if Alior Bank SA will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Alior Bank SA has no correlation between past and present. Overlapping area represents the amount of predictability between Alior Bank time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Alior Bank SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Alior Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 1.97 |
Alior Bank SA lagged returns against current returns
Autocorrelation, which is Alior Bank 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 Alior Bank's stock expected returns. We can calculate the autocorrelation of Alior Bank returns to help us make a trade decision. For example, suppose you find that Alior Bank 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 |
Alior Bank 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 Alior Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alior Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alior Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Alior Bank Lagged Returns
When evaluating Alior Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alior Bank stock have on its future price. Alior Bank 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, Alior Bank autocorrelation shows the relationship between Alior Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Alior Bank 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.Additional Tools for Alior Stock Analysis
When running Alior Bank's price analysis, check to measure Alior Bank'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 Alior Bank is operating at the current time. Most of Alior Bank's value examination focuses on studying past and present price action to predict the probability of Alior Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alior Bank's price. Additionally, you may evaluate how the addition of Alior Bank to your portfolios can decrease your overall portfolio volatility.