Banco Patagonia (Argentina) Market Value
| BPAT Stock | ARS 2,845 45.00 1.61% |
| Symbol | Banco |
Banco Patagonia '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 Patagonia'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 Patagonia.
| 10/25/2024 |
| 01/23/2025 |
If you would invest 0.00 in Banco Patagonia on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Banco Patagonia or generate 0.0% return on investment in Banco Patagonia over 90 days. Banco Patagonia is related to or competes with Telecom Argentina, Harmony Gold, Compania, and Transportadora. Banco Patagonia S.A. provides commercial banking services primarily in Argentina More
Banco Patagonia 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 Patagonia'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 Patagonia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.52 | |||
| Information Ratio | 0.1484 | |||
| Maximum Drawdown | 18.68 | |||
| Value At Risk | (5.27) | |||
| Potential Upside | 8.12 |
Banco Patagonia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Patagonia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Patagonia's standard deviation. In reality, there are many statistical measures that can use Banco Patagonia historical prices to predict the future Banco Patagonia's volatility.| Risk Adjusted Performance | 0.1408 | |||
| Jensen Alpha | 0.5672 | |||
| Total Risk Alpha | 0.4778 | |||
| Sortino Ratio | 0.1611 | |||
| Treynor Ratio | 0.5937 |
Banco Patagonia Backtested Returns
Banco Patagonia appears to be very steady, given 3 months investment horizon. Banco Patagonia secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. By analyzing Banco Patagonia's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please makes use of Banco Patagonia's Downside Deviation of 3.52, risk adjusted performance of 0.1408, and Mean Deviation of 2.93 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Banco Patagonia holds a performance score of 14. The firm shows a Beta (market volatility) of 1.0, which signifies possible diversification benefits within a given portfolio. Banco Patagonia returns are very sensitive to returns on the market. As the market goes up or down, Banco Patagonia is expected to follow. Please check Banco Patagonia'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 Banco Patagonia's price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Banco Patagonia has average predictability. Overlapping area represents the amount of predictability between Banco Patagonia time series from 25th of October 2024 to 9th of December 2024 and 9th of December 2024 to 23rd of January 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 Banco Patagonia price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Banco Patagonia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 51.3 K |
Banco Patagonia lagged returns against current returns
Autocorrelation, which is Banco Patagonia 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 Patagonia's stock expected returns. We can calculate the autocorrelation of Banco Patagonia returns to help us make a trade decision. For example, suppose you find that Banco Patagonia 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 Patagonia 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 Patagonia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Patagonia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Patagonia stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Patagonia Lagged Returns
When evaluating Banco Patagonia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Patagonia stock have on its future price. Banco Patagonia 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 Patagonia autocorrelation shows the relationship between Banco Patagonia stock current value and its past values and can show if there is a momentum factor associated with investing in Banco Patagonia.
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 Patagonia 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 Patagonia security.