Preferred Bank (Germany) Market Value
| 1IU Stock | EUR 84.00 0.50 0.60% |
| Symbol | Preferred |
Preferred 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 Preferred 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 Preferred Bank.
| 06/30/2023 |
| 01/20/2025 |
If you would invest 0.00 in Preferred Bank on June 30, 2023 and sell it all today you would earn a total of 0.00 from holding Preferred Bank or generate 0.0% return on investment in Preferred Bank over 570 days. Preferred Bank is related to or competes with POSBO UNSPADRS/20YC1, Postal Savings, Truist Financial, OVERSEA CHINUNSPADR/2, Oversea-Chinese BankingLimited, UNICREDIT SPA, and UTD OV. Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their own... More
Preferred 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 Preferred 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 Preferred Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.073 | |||
| Maximum Drawdown | 20.64 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 3.29 |
Preferred Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Preferred Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Preferred Bank's standard deviation. In reality, there are many statistical measures that can use Preferred Bank historical prices to predict the future Preferred Bank's volatility.| Risk Adjusted Performance | 0.0774 | |||
| Jensen Alpha | 0.1997 | |||
| Total Risk Alpha | 0.146 | |||
| Sortino Ratio | 0.0929 | |||
| Treynor Ratio | 0.6235 |
Preferred Bank Backtested Returns
At this point, Preferred Bank is very steady. Preferred Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.0656, which implies the firm had a 0.0656 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Preferred Bank, which you can use to evaluate the volatility of the company. Please check Preferred Bank's Coefficient Of Variation of 1182.13, risk adjusted performance of 0.0774, and Semi Deviation of 1.53 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Preferred Bank has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Preferred Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Preferred Bank is expected to be smaller as well. Preferred Bank right now holds a risk of 2.6%. Please check Preferred Bank semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Preferred Bank will be following its historical price patterns.
Auto-correlation | 0.73 |
Good predictability
Preferred Bank has good predictability. Overlapping area represents the amount of predictability between Preferred Bank time series from 30th of June 2023 to 10th of April 2024 and 10th of April 2024 to 20th of January 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 Preferred Bank price movement. The serial correlation of 0.73 indicates that around 73.0% of current Preferred Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 55.5 |
Preferred Bank lagged returns against current returns
Autocorrelation, which is Preferred 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 Preferred Bank's stock expected returns. We can calculate the autocorrelation of Preferred Bank returns to help us make a trade decision. For example, suppose you find that Preferred 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 |
Preferred 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 Preferred Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Preferred Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Preferred Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Preferred Bank Lagged Returns
When evaluating Preferred Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Preferred Bank stock have on its future price. Preferred 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, Preferred Bank autocorrelation shows the relationship between Preferred Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Preferred Bank.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Preferred Stock
When determining whether Preferred Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preferred Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Preferred Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preferred Bank Stock:Check out Preferred Bank Correlation, Preferred Bank Volatility and Preferred Bank Alpha and Beta module to complement your research on Preferred Bank. For more detail on how to invest in Preferred Stock please use our How to Invest in Preferred Bank guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Preferred Bank 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.