Bank Of Cyprus Stock Market Value
| BKCYF Stock | USD 4.53 0.27 5.62% |
| Symbol | Bank |
Bank Of Cyprus '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 Cyprus' pink sheet 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 Cyprus.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in Bank Of Cyprus on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Of Cyprus or generate 0.0% return on investment in Bank Of Cyprus over 180 days. Bank Of Cyprus is related to or competes with Andover Bancorp, Aozora Bank, First Resource, Peoples Bancorp, and Absa Group. Bank of Cyprus Holdings Public Limited Company, through its subsidiaries, provides banking, financial, and insurance ser... More
Bank Of Cyprus 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 Cyprus' pink sheet 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 Cyprus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.04 |
Bank Of Cyprus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Of Cyprus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Of Cyprus' standard deviation. In reality, there are many statistical measures that can use Bank Of Cyprus historical prices to predict the future Bank Of Cyprus' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.25) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Of Cyprus' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bank Of Cyprus Backtested Returns
Bank Of Cyprus secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Bank Of Cyprus exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Of Cyprus' Risk Adjusted Performance of (0.09), standard deviation of 0.6951, and Mean Deviation of 0.1681 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bank Of Cyprus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Of Cyprus is expected to be smaller as well. At this point, Bank Of Cyprus has a negative expected return of -0.0789%. Please make sure to confirm Bank Of Cyprus' variance, skewness, as well as the relationship between the Skewness and day median price , to decide if Bank Of Cyprus performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Bank Of Cyprus has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bank Of Cyprus time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th 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 Bank Of Cyprus price movement. The serial correlation of -0.17 indicates that over 17.0% of current Bank Of Cyprus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Bank Of Cyprus lagged returns against current returns
Autocorrelation, which is Bank Of Cyprus pink sheet'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 Cyprus' pink sheet expected returns. We can calculate the autocorrelation of Bank Of Cyprus returns to help us make a trade decision. For example, suppose you find that Bank Of Cyprus has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Cyprus 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 Cyprus pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Of Cyprus pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Of Cyprus pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bank Of Cyprus Lagged Returns
When evaluating Bank Of Cyprus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Of Cyprus pink sheet have on its future price. Bank Of Cyprus 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 Cyprus autocorrelation shows the relationship between Bank Of Cyprus pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bank Of Cyprus.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bank Pink Sheet
Bank Of Cyprus financial ratios help investors to determine whether Bank Pink Sheet 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 Bank with respect to the benefits of owning Bank Of Cyprus security.