BANK HANDLOWY (Germany) Market Value
| 6HW Stock | EUR 26.45 0.50 1.93% |
| Symbol | BANK |
BANK HANDLOWY '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 BANK HANDLOWY'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 BANK HANDLOWY.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in BANK HANDLOWY on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding BANK HANDLOWY or generate 0.0% return on investment in BANK HANDLOWY over 90 days. BANK HANDLOWY is related to or competes with CapitaLand Investment, Keck Seng, Diversified Healthcare, SLR Investment, and ASURE SOFTWARE. More
BANK HANDLOWY 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 BANK HANDLOWY'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 BANK HANDLOWY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.4744 | |||
| Maximum Drawdown | 3.95 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 3.19 |
BANK HANDLOWY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BANK HANDLOWY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BANK HANDLOWY's standard deviation. In reality, there are many statistical measures that can use BANK HANDLOWY historical prices to predict the future BANK HANDLOWY's volatility.| Risk Adjusted Performance | 0.3246 | |||
| Jensen Alpha | 0.3512 | |||
| Total Risk Alpha | 0.4691 | |||
| Sortino Ratio | 0.4538 | |||
| Treynor Ratio | 13.15 |
BANK HANDLOWY Backtested Returns
BANK HANDLOWY appears to be very steady, given 3 months investment horizon. BANK HANDLOWY secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the company had a 0.36 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BANK HANDLOWY, which you can use to evaluate the volatility of the entity. Please makes use of BANK HANDLOWY's Standard Deviation of 0.9641, mean deviation of 0.6623, and Downside Deviation of 1.01 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BANK HANDLOWY holds a performance score of 28. The firm shows a Beta (market volatility) of 0.0265, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BANK HANDLOWY's returns are expected to increase less than the market. However, during the bear market, the loss of holding BANK HANDLOWY is expected to be smaller as well. Please check BANK HANDLOWY's treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether BANK HANDLOWY's price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
BANK HANDLOWY has good predictability. Overlapping area represents the amount of predictability between BANK HANDLOWY time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 BANK HANDLOWY price movement. The serial correlation of 0.72 indicates that around 72.0% of current BANK HANDLOWY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 1.64 |
BANK HANDLOWY lagged returns against current returns
Autocorrelation, which is BANK HANDLOWY 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 BANK HANDLOWY's stock expected returns. We can calculate the autocorrelation of BANK HANDLOWY returns to help us make a trade decision. For example, suppose you find that BANK HANDLOWY 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 |
BANK HANDLOWY 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 BANK HANDLOWY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BANK HANDLOWY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BANK HANDLOWY stock over time.
Current vs Lagged Prices |
| Timeline |
BANK HANDLOWY Lagged Returns
When evaluating BANK HANDLOWY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BANK HANDLOWY stock have on its future price. BANK HANDLOWY 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, BANK HANDLOWY autocorrelation shows the relationship between BANK HANDLOWY stock current value and its past values and can show if there is a momentum factor associated with investing in BANK HANDLOWY.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BANK Stock Analysis
When running BANK HANDLOWY's price analysis, check to measure BANK HANDLOWY'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 BANK HANDLOWY is operating at the current time. Most of BANK HANDLOWY's value examination focuses on studying past and present price action to predict the probability of BANK HANDLOWY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BANK HANDLOWY's price. Additionally, you may evaluate how the addition of BANK HANDLOWY to your portfolios can decrease your overall portfolio volatility.