Bank Of Queensland Ltd (Australia) Market Value
| BOQ Stock | 6.42 0.07 1.10% |
| Symbol | Bank |
Bank Of Queensland Ltd '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 Queensland Ltd'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 Queensland Ltd.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Bank Of Queensland Ltd on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Of Queensland or generate 0.0% return on investment in Bank Of Queensland Ltd over 90 days. Bank Of Queensland Ltd is related to or competes with Perseus Mining. Bank Of Queensland Ltd is entity of Australia More
Bank Of Queensland Ltd 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 Queensland Ltd'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 Queensland upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0023 | |||
| Maximum Drawdown | 4.78 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.51 |
Bank Of Queensland Ltd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Of Queensland Ltd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Of Queensland Ltd's standard deviation. In reality, there are many statistical measures that can use Bank Of Queensland Ltd historical prices to predict the future Bank Of Queensland Ltd's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.0321 | |||
| Treynor Ratio | (0.45) |
Bank Of Queensland Ltd Backtested Returns
Bank Of Queensland Ltd secures Sharpe Ratio (or Efficiency) of -0.0614, which signifies that the company had a -0.0614 % return per unit of risk over the last 3 months. Bank Of Queensland exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Of Queensland Ltd's Mean Deviation of 0.8746, standard deviation of 1.11, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Of Queensland Ltd's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Of Queensland Ltd is expected to be smaller as well. At this point, Bank Of Queensland Ltd has a negative expected return of -0.0676%. Please make sure to confirm Bank Of Queensland Ltd's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Bank Of Queensland Ltd performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Bank Of Queensland has poor reverse predictability. Overlapping area represents the amount of predictability between Bank Of Queensland Ltd time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Queensland Ltd price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Bank Of Queensland Ltd price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Bank Of Queensland Ltd lagged returns against current returns
Autocorrelation, which is Bank Of Queensland Ltd 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 Queensland Ltd's stock expected returns. We can calculate the autocorrelation of Bank Of Queensland Ltd returns to help us make a trade decision. For example, suppose you find that Bank Of Queensland Ltd 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 Queensland Ltd 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 Queensland Ltd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Of Queensland Ltd 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 Queensland Ltd stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Of Queensland Ltd Lagged Returns
When evaluating Bank Of Queensland Ltd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Of Queensland Ltd stock have on its future price. Bank Of Queensland Ltd 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 Queensland Ltd autocorrelation shows the relationship between Bank Of Queensland Ltd stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Of Queensland.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bank Stock Analysis
When running Bank Of Queensland Ltd's price analysis, check to measure Bank Of Queensland Ltd'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 Queensland Ltd is operating at the current time. Most of Bank Of Queensland Ltd's value examination focuses on studying past and present price action to predict the probability of Bank Of Queensland Ltd'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 Queensland Ltd's price. Additionally, you may evaluate how the addition of Bank Of Queensland Ltd to your portfolios can decrease your overall portfolio volatility.