Slandsbanki's market value is the price at which a share of Slandsbanki trades on a public exchange. It measures the collective expectations of slandsbanki hf investors about its performance. Slandsbanki is trading at 120.00 as of the 2nd of March 2025, a 3.23% down since the beginning of the trading day. The stock's open price was 124.0. With this module, you can estimate the performance of a buy and hold strategy of slandsbanki hf and determine expected loss or profit from investing in Slandsbanki over a given investment horizon. Check out Risk vs Return Analysis 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
Slandsbanki
Slandsbanki '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 Slandsbanki'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 Slandsbanki.
0.00
01/31/2025
No Change 0.00
0.0
In 31 days
03/02/2025
0.00
If you would invest 0.00 in Slandsbanki on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding slandsbanki hf or generate 0.0% return on investment in Slandsbanki over 30 days.
Slandsbanki 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 Slandsbanki'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 slandsbanki hf 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 Slandsbanki's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Slandsbanki's standard deviation. In reality, there are many statistical measures that can use Slandsbanki historical prices to predict the future Slandsbanki's volatility.
slandsbanki hf owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0352, which indicates the firm had a -0.0352 % return per unit of risk over the last 3 months. slandsbanki hf exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Slandsbanki's Variance of 1.93, coefficient of variation of (2,258), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Slandsbanki are expected to decrease at a much lower rate. During the bear market, Slandsbanki is likely to outperform the market. At this point, slandsbanki hf has a negative expected return of -0.0503%. Please make sure to validate Slandsbanki's treynor ratio, skewness, and the relationship between the jensen alpha and value at risk , to decide if slandsbanki hf performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.68
Very good reverse predictability
slandsbanki hf has very good reverse predictability. Overlapping area represents the amount of predictability between Slandsbanki time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 slandsbanki hf price movement. The serial correlation of -0.68 indicates that around 68.0% of current Slandsbanki price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.68
Spearman Rank Test
-0.63
Residual Average
0.0
Price Variance
13.1
slandsbanki hf lagged returns against current returns
Autocorrelation, which is Slandsbanki 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 Slandsbanki's stock expected returns. We can calculate the autocorrelation of Slandsbanki returns to help us make a trade decision. For example, suppose you find that Slandsbanki 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
Slandsbanki 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 Slandsbanki stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Slandsbanki stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Slandsbanki stock over time.
Current vs Lagged Prices
Timeline
Slandsbanki Lagged Returns
When evaluating Slandsbanki's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Slandsbanki stock have on its future price. Slandsbanki 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, Slandsbanki autocorrelation shows the relationship between Slandsbanki stock current value and its past values and can show if there is a momentum factor associated with investing in slandsbanki hf.
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.