Bank Ochrony (Poland) Market Value
| BOS Stock | 13.90 0.20 1.46% |
| Symbol | Bank |
Bank Ochrony '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 Ochrony'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 Ochrony.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Bank Ochrony on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Ochrony rodowiska or generate 0.0% return on investment in Bank Ochrony over 90 days. Bank Ochrony is related to or competes with Quantum Software, GreenX Metals, Immobile, Alior Bank, Noble Financials, and MBank SA. More
Bank Ochrony 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 Ochrony'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 Ochrony rodowiska upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.96 | |||
| Information Ratio | 0.2339 | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 5.17 |
Bank Ochrony Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Ochrony's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Ochrony's standard deviation. In reality, there are many statistical measures that can use Bank Ochrony historical prices to predict the future Bank Ochrony's volatility.| Risk Adjusted Performance | 0.1751 | |||
| Jensen Alpha | 0.4632 | |||
| Total Risk Alpha | 0.7759 | |||
| Sortino Ratio | 0.2939 | |||
| Treynor Ratio | (12.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Ochrony's 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 Ochrony rodowiska Backtested Returns
Bank Ochrony appears to be somewhat reliable, given 3 months investment horizon. Bank Ochrony rodowiska secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24 % return per unit of risk over the last 3 months. By analyzing Bank Ochrony's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please makes use of Bank Ochrony's Mean Deviation of 1.85, risk adjusted performance of 0.1751, and Downside Deviation of 1.96 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Ochrony holds a performance score of 19. The firm shows a Beta (market volatility) of -0.0376, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Ochrony are expected to decrease at a much lower rate. During the bear market, Bank Ochrony is likely to outperform the market. Please check Bank Ochrony's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Bank Ochrony's price patterns will revert.
Auto-correlation | 0.84 |
Very good predictability
Bank Ochrony rodowiska has very good predictability. Overlapping area represents the amount of predictability between Bank Ochrony time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Ochrony rodowiska price movement. The serial correlation of 0.84 indicates that around 84.0% of current Bank Ochrony price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Bank Ochrony rodowiska lagged returns against current returns
Autocorrelation, which is Bank Ochrony 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 Ochrony's stock expected returns. We can calculate the autocorrelation of Bank Ochrony returns to help us make a trade decision. For example, suppose you find that Bank Ochrony 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 Ochrony 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 Ochrony stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Ochrony stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Ochrony stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Ochrony Lagged Returns
When evaluating Bank Ochrony's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Ochrony stock have on its future price. Bank Ochrony 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 Ochrony autocorrelation shows the relationship between Bank Ochrony stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Ochrony rodowiska.
Regressed Prices |
| Timeline |
Pair Trading with Bank Ochrony
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank Ochrony position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank Ochrony will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
| 0.93 | UCG | UniCredit SpA | PairCorr |
| 0.85 | SPL | Santander Bank Polska | PairCorr |
| 0.83 | PEO | Bank Polska Kasa | PairCorr |
| 0.89 | ING | ING Bank lski | PairCorr |
| 0.83 | MBK | mBank SA | PairCorr |
Moving against Bank Stock
The ability to find closely correlated positions to Bank Ochrony could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Ochrony when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank Ochrony - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Ochrony rodowiska to buy it.
The correlation of Bank Ochrony is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Ochrony moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Ochrony rodowiska moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank Ochrony can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bank Stock Analysis
When running Bank Ochrony's price analysis, check to measure Bank Ochrony'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 Ochrony is operating at the current time. Most of Bank Ochrony's value examination focuses on studying past and present price action to predict the probability of Bank Ochrony'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 Ochrony's price. Additionally, you may evaluate how the addition of Bank Ochrony to your portfolios can decrease your overall portfolio volatility.