BANK OF QUEENSLAND (BXZSG (Germany) Market Value
| BXZ Stock | 4.00 0.04 1.01% |
| Symbol | BANK |
BANK OF QUEENSLAND (BXZSG '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 (BXZSG'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 (BXZSG.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in BANK OF QUEENSLAND (BXZSG on December 7, 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 (BXZSG over 30 days.
BANK OF QUEENSLAND (BXZSG 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 (BXZSG'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.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.1008 | |||
| Maximum Drawdown | 9.01 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.03 |
BANK OF QUEENSLAND (BXZSG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BANK OF QUEENSLAND (BXZSG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BANK OF QUEENSLAND (BXZSG's standard deviation. In reality, there are many statistical measures that can use BANK OF QUEENSLAND (BXZSG historical prices to predict the future BANK OF QUEENSLAND (BXZSG's volatility.| Risk Adjusted Performance | 0.0981 | |||
| Jensen Alpha | 0.1704 | |||
| Total Risk Alpha | 0.1492 | |||
| Sortino Ratio | 0.117 | |||
| Treynor Ratio | 0.6935 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BANK OF QUEENSLAND (BXZSG'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 OF QUEENSLAND (BXZSG Backtested Returns
Currently, BANK OF QUEENSLAND is somewhat reliable. BANK OF QUEENSLAND (BXZSG 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. We have found twenty-eight technical indicators for BANK OF QUEENSLAND, which you can use to evaluate the volatility of the entity. Please confirm BANK OF QUEENSLAND (BXZSG's Coefficient Of Variation of 870.88, mean deviation of 1.21, and Semi Deviation of 1.15 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.BANK OF QUEENSLAND (BXZSG has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BANK OF QUEENSLAND (BXZSG's returns are expected to increase less than the market. However, during the bear market, the loss of holding BANK OF QUEENSLAND (BXZSG is expected to be smaller as well. BANK OF QUEENSLAND (BXZSG at this time shows a risk of 1.6%. Please confirm BANK OF QUEENSLAND (BXZSG sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to decide if BANK OF QUEENSLAND (BXZSG will be following its price patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
BANK OF QUEENSLAND has poor reverse predictability. Overlapping area represents the amount of predictability between BANK OF QUEENSLAND (BXZSG time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 BANK OF QUEENSLAND (BXZSG price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current BANK OF QUEENSLAND (BXZSG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BANK OF QUEENSLAND (BXZSG lagged returns against current returns
Autocorrelation, which is BANK OF QUEENSLAND (BXZSG 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 (BXZSG's stock expected returns. We can calculate the autocorrelation of BANK OF QUEENSLAND (BXZSG returns to help us make a trade decision. For example, suppose you find that BANK OF QUEENSLAND (BXZSG 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 (BXZSG 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 (BXZSG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BANK OF QUEENSLAND (BXZSG 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 (BXZSG stock over time.
Current vs Lagged Prices |
| Timeline |
BANK OF QUEENSLAND (BXZSG Lagged Returns
When evaluating BANK OF QUEENSLAND (BXZSG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BANK OF QUEENSLAND (BXZSG stock have on its future price. BANK OF QUEENSLAND (BXZSG 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 (BXZSG autocorrelation shows the relationship between BANK OF QUEENSLAND (BXZSG 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
Explore Investment Opportunities
Additional Tools for BANK Stock Analysis
When running BANK OF QUEENSLAND (BXZSG's price analysis, check to measure BANK OF QUEENSLAND (BXZSG'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 (BXZSG is operating at the current time. Most of BANK OF QUEENSLAND (BXZSG's value examination focuses on studying past and present price action to predict the probability of BANK OF QUEENSLAND (BXZSG'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 (BXZSG's price. Additionally, you may evaluate how the addition of BANK OF QUEENSLAND (BXZSG to your portfolios can decrease your overall portfolio volatility.