Banco Del (Mexico) Market Value
| BBAJIOO Stock | MXN 42.67 0.42 0.97% |
| Symbol | Banco |
Banco Del '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 Banco Del'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 Banco Del.
| 01/04/2023 |
| 12/24/2024 |
If you would invest 0.00 in Banco Del on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Banco del Bajo or generate 0.0% return on investment in Banco Del over 720 days. Banco Del is related to or competes with Samsung Electronics, Taiwan Semiconductor, JPMorgan Chase, Bank of America, HSBC Holdings, and Citigroup. Banco del Bajo, S.A., Institucin de Banca Mltiple provides various banking products and services More
Banco Del 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 Banco Del'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 Banco del Bajo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 11.77 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 3.58 |
Banco Del Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Del's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Del's standard deviation. In reality, there are many statistical measures that can use Banco Del historical prices to predict the future Banco Del's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 4.34 |
Banco del Bajo Backtested Returns
Banco del Bajo secures Sharpe Ratio (or Efficiency) of -0.0488, which signifies that the company had a -0.0488% return per unit of risk over the last 3 months. Banco del Bajo exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco Del's Risk Adjusted Performance of (0.04), mean deviation of 1.77, and Standard Deviation of 2.38 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0339, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Banco Del are expected to decrease at a much lower rate. During the bear market, Banco Del is likely to outperform the market. At this point, Banco del Bajo has a negative expected return of -0.12%. Please make sure to confirm Banco Del's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Banco del Bajo performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Banco del Bajo has average predictability. Overlapping area represents the amount of predictability between Banco Del time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th 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 Banco del Bajo price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Banco Del price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 39.77 |
Banco del Bajo lagged returns against current returns
Autocorrelation, which is Banco Del 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 Banco Del's stock expected returns. We can calculate the autocorrelation of Banco Del returns to help us make a trade decision. For example, suppose you find that Banco Del 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 |
Banco Del 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 Banco Del stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Del stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Del stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Del Lagged Returns
When evaluating Banco Del's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Del stock have on its future price. Banco Del 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, Banco Del autocorrelation shows the relationship between Banco Del stock current value and its past values and can show if there is a momentum factor associated with investing in Banco del Bajo.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Banco Stock
Banco Del financial ratios help investors to determine whether Banco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Banco with respect to the benefits of owning Banco Del security.