Arion Banki (Sweden) Market Value
| ARION-SDB | SEK 12.60 0.20 1.61% |
| Symbol | Arion |
Arion Banki '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 Arion Banki'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 Arion Banki.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Arion Banki on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Arion banki hf or generate 0.0% return on investment in Arion Banki over 720 days. Arion Banki is related to or competes with Atrium Ljungberg, Arjo AB, Bravida Holding, Avanza Bank, and Autoliv. Arion banka hf. provides various financial services to companies, institutional investors, and individuals in Iceland More
Arion Banki 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 Arion Banki'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 Arion banki hf upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.0782 | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 3.32 |
Arion Banki Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arion Banki's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arion Banki's standard deviation. In reality, there are many statistical measures that can use Arion Banki historical prices to predict the future Arion Banki's volatility.| Risk Adjusted Performance | 0.1255 | |||
| Jensen Alpha | 0.2912 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.094 | |||
| Treynor Ratio | (1.27) |
Arion banki hf Backtested Returns
Arion Banki appears to be not too volatile, given 3 months investment horizon. Arion banki hf secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Arion banki hf, which you can use to evaluate the volatility of the firm. Please makes use of Arion Banki's Downside Deviation of 1.46, mean deviation of 1.3, and Risk Adjusted Performance of 0.1255 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arion Banki holds a performance score of 13. The firm shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arion Banki are expected to decrease at a much lower rate. During the bear market, Arion Banki is likely to outperform the market. Please check Arion Banki's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Arion Banki's price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Arion banki hf has poor reverse predictability. Overlapping area represents the amount of predictability between Arion Banki time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Arion banki hf price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Arion Banki price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Arion banki hf lagged returns against current returns
Autocorrelation, which is Arion Banki 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 Arion Banki's stock expected returns. We can calculate the autocorrelation of Arion Banki returns to help us make a trade decision. For example, suppose you find that Arion Banki 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 |
Arion Banki 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 Arion Banki stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arion Banki stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arion Banki stock over time.
Current vs Lagged Prices |
| Timeline |
Arion Banki Lagged Returns
When evaluating Arion Banki's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arion Banki stock have on its future price. Arion Banki 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, Arion Banki autocorrelation shows the relationship between Arion Banki stock current value and its past values and can show if there is a momentum factor associated with investing in Arion banki hf.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Arion Stock Analysis
When running Arion Banki's price analysis, check to measure Arion Banki'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 Arion Banki is operating at the current time. Most of Arion Banki's value examination focuses on studying past and present price action to predict the probability of Arion Banki's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arion Banki's price. Additionally, you may evaluate how the addition of Arion Banki to your portfolios can decrease your overall portfolio volatility.