Export Development's market value is the price at which a share of Export Development trades on a public exchange. It measures the collective expectations of Export Development Bank investors about its performance. Export Development is trading at 17.28 as of the 26th of December 2024. This is a 1.93 percent down since the beginning of the trading day. The stock's lowest day price was 17.25. With this module, you can estimate the performance of a buy and hold strategy of Export Development Bank and determine expected loss or profit from investing in Export Development over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Export
Export Development '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 Export Development'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 Export Development.
0.00
11/26/2024
No Change 0.00
0.0
In 30 days
12/26/2024
0.00
If you would invest 0.00 in Export Development on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Export Development Bank or generate 0.0% return on investment in Export Development over 30 days.
Export Development 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 Export Development'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 Export Development Bank upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Export Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Export Development's standard deviation. In reality, there are many statistical measures that can use Export Development historical prices to predict the future Export Development's volatility.
At this point, Export Development is not too volatile. Export Development Bank secures Sharpe Ratio (or Efficiency) of 0.0438, which denotes the company had a 0.0438% return per unit of risk over the last 3 months. We have found thirty technical indicators for Export Development Bank, which you can use to evaluate the volatility of the firm. Please confirm Export Development's Coefficient Of Variation of 1404.56, mean deviation of 1.59, and Downside Deviation of 1.53 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Export Development has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.89, which means possible diversification benefits within a given portfolio. Export Development returns are very sensitive to returns on the market. As the market goes up or down, Export Development is expected to follow. Export Development Bank right now shows a risk of 2.44%. Please confirm Export Development Bank jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Export Development Bank will be following its price patterns.
Auto-correlation
-0.74
Almost perfect reverse predictability
Export Development Bank has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Export Development time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th of December 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 Export Development Bank price movement. The serial correlation of -0.74 indicates that around 74.0% of current Export Development price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.74
Spearman Rank Test
-0.88
Residual Average
0.0
Price Variance
0.22
Export Development Bank lagged returns against current returns
Autocorrelation, which is Export Development 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 Export Development's stock expected returns. We can calculate the autocorrelation of Export Development returns to help us make a trade decision. For example, suppose you find that Export Development 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
Export Development 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 Export Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Export Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Export Development stock over time.
Current vs Lagged Prices
Timeline
Export Development Lagged Returns
When evaluating Export Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Export Development stock have on its future price. Export Development 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, Export Development autocorrelation shows the relationship between Export Development stock current value and its past values and can show if there is a momentum factor associated with investing in Export Development Bank.
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.