Commercial International Bank Stock Market Value
| CIBEY Stock | USD 1.53 0.01 0.66% |
| Symbol | Commercial |
Commercial International '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 Commercial International's otc 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 Commercial International.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Commercial International on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Commercial International Bank or generate 0.0% return on investment in Commercial International over 180 days. Commercial International is related to or competes with Bank Mandiri, Turkiye Garanti, BOC Hong, Hang Seng, Kasikornbank Public, Akbank Turk, and PT Bank. Commercial International Bank S.A.E provides retail, corporate, and investment banking services in Egypt More
Commercial International 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 Commercial International's otc 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 Commercial International Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 6.86 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.7 |
Commercial International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commercial International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commercial International's standard deviation. In reality, there are many statistical measures that can use Commercial International historical prices to predict the future Commercial International's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.4636 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Commercial International'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.
Commercial International Backtested Returns
Commercial International secures Sharpe Ratio (or Efficiency) of -0.0464, which signifies that the company had a -0.0464% return per unit of risk over the last 3 months. Commercial International Bank exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Commercial International's Risk Adjusted Performance of (0.05), mean deviation of 1.31, and Standard Deviation of 1.64 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Commercial International are expected to decrease at a much lower rate. During the bear market, Commercial International is likely to outperform the market. At this point, Commercial International has a negative expected return of -0.0772%. Please make sure to confirm Commercial International's standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and rate of daily change , to decide if Commercial International performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Commercial International Bank has very good reverse predictability. Overlapping area represents the amount of predictability between Commercial International time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 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 Commercial International price movement. The serial correlation of -0.69 indicates that around 69.0% of current Commercial International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Commercial International lagged returns against current returns
Autocorrelation, which is Commercial International otc 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 Commercial International's otc stock expected returns. We can calculate the autocorrelation of Commercial International returns to help us make a trade decision. For example, suppose you find that Commercial International has exhibited high autocorrelation historically, and you observe that the otc 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 |
Commercial International 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 Commercial International otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Commercial International otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Commercial International otc stock over time.
Current vs Lagged Prices |
| Timeline |
Commercial International Lagged Returns
When evaluating Commercial International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Commercial International otc stock have on its future price. Commercial International 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, Commercial International autocorrelation shows the relationship between Commercial International otc stock current value and its past values and can show if there is a momentum factor associated with investing in Commercial International Bank.
Regressed Prices |
| Timeline |
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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.Additional Tools for Commercial OTC Stock Analysis
When running Commercial International's price analysis, check to measure Commercial International'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 Commercial International is operating at the current time. Most of Commercial International's value examination focuses on studying past and present price action to predict the probability of Commercial International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commercial International's price. Additionally, you may evaluate how the addition of Commercial International to your portfolios can decrease your overall portfolio volatility.