Erste Group (Austria) Market Value
| EBS Stock | EUR 68.20 3.18 4.89% |
| Symbol | Erste |
Erste Group '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 Erste Group'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 Erste Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Erste Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Erste Group Bank or generate 0.0% return on investment in Erste Group over 90 days. Erste Group is related to or competes with Raiffeisen Bank, OMV Aktiengesellscha, Voestalpine, Vienna Insurance, and VERBUND AG. More
Erste Group 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 Erste Group'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 Erste Group Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.54 | |||
| Information Ratio | 0.1529 | |||
| Maximum Drawdown | 14.27 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 3.77 |
Erste Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Erste Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Erste Group's standard deviation. In reality, there are many statistical measures that can use Erste Group historical prices to predict the future Erste Group's volatility.| Risk Adjusted Performance | 0.104 | |||
| Jensen Alpha | 0.3175 | |||
| Total Risk Alpha | 0.5656 | |||
| Sortino Ratio | 0.1457 | |||
| Treynor Ratio | 0.5127 |
Erste Group Bank Backtested Returns
Erste Group appears to be very steady, given 3 months investment horizon. Erste Group Bank secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Erste Group Bank, which you can use to evaluate the volatility of the firm. Please utilize Erste Group's Downside Deviation of 2.54, mean deviation of 1.68, and Coefficient Of Variation of 892.31 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Erste Group holds a performance score of 8. The firm shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, Erste Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Erste Group is expected to be smaller as well. Please check Erste Group's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Erste Group's price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Erste Group Bank has average predictability. Overlapping area represents the amount of predictability between Erste Group 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 Erste Group Bank price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Erste Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 10.93 |
Erste Group Bank lagged returns against current returns
Autocorrelation, which is Erste Group 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 Erste Group's stock expected returns. We can calculate the autocorrelation of Erste Group returns to help us make a trade decision. For example, suppose you find that Erste Group 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 |
Erste Group 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 Erste Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Erste Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Erste Group stock over time.
Current vs Lagged Prices |
| Timeline |
Erste Group Lagged Returns
When evaluating Erste Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Erste Group stock have on its future price. Erste Group 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, Erste Group autocorrelation shows the relationship between Erste Group stock current value and its past values and can show if there is a momentum factor associated with investing in Erste Group Bank.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Erste Stock
Erste Group financial ratios help investors to determine whether Erste 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 Erste with respect to the benefits of owning Erste Group security.