Bank of Georgia Group PLC (UK) Market Value
| BGEO Stock | 5,330 40.00 0.76% |
| Symbol | Bank |
Bank of Georgia Group PLC '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 of Georgia Group PLC'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 of Georgia Group PLC.
| 12/03/2024 |
| 03/03/2025 |
If you would invest 0.00 in Bank of Georgia Group PLC on December 3, 2024 and sell it all today you would earn a total of 0.00 from holding Bank of Georgia or generate 0.0% return on investment in Bank of Georgia Group PLC over 90 days. Bank of Georgia Group PLC is related to or competes with Metals Exploration, Atalaya Mining, Hochschild Mining, Virgin Wines, Bloomsbury Publishing, and Cars. Bank of Georgia Group PLC is entity of United Kingdom More
Bank of Georgia Group PLC 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 of Georgia Group PLC'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 of Georgia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0608 | |||
| Maximum Drawdown | 10.41 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 3.58 |
Bank of Georgia Group PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of Georgia Group PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank of Georgia Group PLC's standard deviation. In reality, there are many statistical measures that can use Bank of Georgia Group PLC historical prices to predict the future Bank of Georgia Group PLC's volatility.| Risk Adjusted Performance | 0.0459 | |||
| Jensen Alpha | 0.0959 | |||
| Total Risk Alpha | 0.1532 | |||
| Sortino Ratio | 0.0714 | |||
| Treynor Ratio | 0.8724 |
Bank of Georgia Group PLC Backtested Returns
Bank of Georgia Group PLC appears to be very steady, given 3 months investment horizon. Bank of Georgia Group PLC secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank of Georgia, which you can use to evaluate the volatility of the firm. Please makes use of Bank of Georgia Group PLC's Mean Deviation of 1.37, downside deviation of 1.63, and Risk Adjusted Performance of 0.0459 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank of Georgia Group PLC holds a performance score of 9. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank of Georgia Group PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of Georgia Group PLC is expected to be smaller as well. Please check Bank of Georgia Group PLC's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bank of Georgia Group PLC's price patterns will revert.
Auto-correlation | -0.21 |
Weak reverse predictability
Bank of Georgia has weak reverse predictability. Overlapping area represents the amount of predictability between Bank of Georgia Group PLC time series from 3rd of December 2024 to 17th of January 2025 and 17th of January 2025 to 3rd 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 of Georgia Group PLC price movement. The serial correlation of -0.21 indicates that over 21.0% of current Bank of Georgia Group PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 101 K |
Bank of Georgia Group PLC lagged returns against current returns
Autocorrelation, which is Bank of Georgia Group PLC 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 of Georgia Group PLC's stock expected returns. We can calculate the autocorrelation of Bank of Georgia Group PLC returns to help us make a trade decision. For example, suppose you find that Bank of Georgia Group PLC 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 of Georgia Group PLC 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 of Georgia Group PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank of Georgia Group PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank of Georgia Group PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Bank of Georgia Group PLC Lagged Returns
When evaluating Bank of Georgia Group PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank of Georgia Group PLC stock have on its future price. Bank of Georgia Group PLC 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 of Georgia Group PLC autocorrelation shows the relationship between Bank of Georgia Group PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Bank of Georgia.
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.Additional Tools for Bank Stock Analysis
When running Bank of Georgia Group PLC's price analysis, check to measure Bank of Georgia Group PLC'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 of Georgia Group PLC is operating at the current time. Most of Bank of Georgia Group PLC's value examination focuses on studying past and present price action to predict the probability of Bank of Georgia Group PLC'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 of Georgia Group PLC's price. Additionally, you may evaluate how the addition of Bank of Georgia Group PLC to your portfolios can decrease your overall portfolio volatility.