BANNER (Germany) Market Value
| FW2N Stock | EUR 63.00 0.00 0.00% |
| Symbol | BANNER |
BANNER '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 BANNER'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 BANNER.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in BANNER on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding BANNER or generate 0.0% return on investment in BANNER over 30 days. BANNER is related to or competes with MINCO SILVER, Summit Materials, BURLINGTON STORES, Heidelberg Materials, and SANOK RUBBER. More
BANNER 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 BANNER'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 BANNER upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.0816 | |||
| Maximum Drawdown | 20.14 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 3.68 |
BANNER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BANNER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BANNER's standard deviation. In reality, there are many statistical measures that can use BANNER historical prices to predict the future BANNER's volatility.| Risk Adjusted Performance | 0.0854 | |||
| Jensen Alpha | 0.2531 | |||
| Total Risk Alpha | 0.1389 | |||
| Sortino Ratio | 0.1069 | |||
| Treynor Ratio | 2.09 |
BANNER Backtested Returns
BANNER appears to be very steady, given 3 months investment horizon. BANNER secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for BANNER, which you can use to evaluate the volatility of the entity. Please makes use of BANNER's Semi Deviation of 1.69, coefficient of variation of 1020.14, and Mean Deviation of 1.81 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BANNER holds a performance score of 9. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BANNER's returns are expected to increase less than the market. However, during the bear market, the loss of holding BANNER is expected to be smaller as well. Please check BANNER's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether BANNER's price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
BANNER has good predictability. Overlapping area represents the amount of predictability between BANNER 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 BANNER price movement. The serial correlation of 0.72 indicates that around 72.0% of current BANNER price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 7.64 |
BANNER lagged returns against current returns
Autocorrelation, which is BANNER 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 BANNER's stock expected returns. We can calculate the autocorrelation of BANNER returns to help us make a trade decision. For example, suppose you find that BANNER 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 |
BANNER 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 BANNER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BANNER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BANNER stock over time.
Current vs Lagged Prices |
| Timeline |
BANNER Lagged Returns
When evaluating BANNER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BANNER stock have on its future price. BANNER 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, BANNER autocorrelation shows the relationship between BANNER stock current value and its past values and can show if there is a momentum factor associated with investing in BANNER.
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.Additional Information and Resources on Investing in BANNER Stock
When determining whether BANNER is a strong investment it is important to analyze BANNER's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BANNER's future performance. For an informed investment choice regarding BANNER Stock, refer to the following important reports:Check out BANNER Correlation, BANNER Volatility and BANNER Alpha and Beta module to complement your research on BANNER. For information on how to trade BANNER Stock refer to our How to Trade BANNER Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
BANNER technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.