Arion Banki's market value is the price at which a share of Arion Banki trades on a public exchange. It measures the collective expectations of Arion banki hf investors about its performance. Arion Banki is trading at 148.50 as of the 17th of March 2025. This is a 1.66 percent decrease since the beginning of the trading day. The stock's open price was 151.0. With this module, you can estimate the performance of a buy and hold strategy of Arion banki hf and determine expected loss or profit from investing in Arion Banki over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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.
0.00
12/17/2024
No Change 0.00
0.0
In 3 months and 1 day
03/17/2025
0.00
If you would invest 0.00 in Arion Banki on December 17, 2024 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 90 days.
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.
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.
Arion banki hf secures Sharpe Ratio (or Efficiency) of -0.0654, which signifies that the company had a -0.0654 % return per unit of risk over the last 3 months. Arion banki hf exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arion Banki's Standard Deviation of 1.59, mean deviation of 0.9482, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0772, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Arion Banki's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arion Banki is expected to be smaller as well. At this point, Arion banki hf has a negative expected return of -0.1%. Please make sure to confirm Arion Banki's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Arion banki hf performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.62
Very good reverse predictability
Arion banki hf has very good reverse predictability. Overlapping area represents the amount of predictability between Arion Banki 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 Arion banki hf price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Arion Banki price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.62
Spearman Rank Test
-0.74
Residual Average
0.0
Price Variance
58.35
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
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