Metro Bank's market value is the price at which a share of Metro Bank trades on a public exchange. It measures the collective expectations of Metro Bank PLC investors about its performance. Metro Bank is selling for under 99.70 as of the 5th of January 2025; that is 3.53 percent increase since the beginning of the trading day. The stock's lowest day price was 96.0. With this module, you can estimate the performance of a buy and hold strategy of Metro Bank PLC and determine expected loss or profit from investing in Metro Bank over a given investment horizon. Check out Metro Bank Correlation, Metro Bank Volatility and Metro Bank Alpha and Beta module to complement your research on Metro Bank.
Please note, there is a significant difference between Metro Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metro Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metro Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Metro Bank '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 Metro Bank'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 Metro Bank.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Metro Bank'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 Metro Bank PLC 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 Metro Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metro Bank's standard deviation. In reality, there are many statistical measures that can use Metro Bank historical prices to predict the future Metro Bank's volatility.
Metro Bank appears to be very steady, given 3 months investment horizon. Metro Bank PLC has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Metro Bank's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please exercise Metro Bank's Downside Deviation of 2.76, mean deviation of 2.29, and Risk Adjusted Performance of 0.1736 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Metro Bank holds a performance score of 16. The company secures a Beta (Market Risk) of 0.74, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metro Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metro Bank is expected to be smaller as well. Please check Metro Bank's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Metro Bank's current price movements will revert.
Auto-correlation
0.43
Average predictability
Metro Bank PLC has average predictability. Overlapping area represents the amount of predictability between Metro Bank time series from 6th of November 2024 to 6th of December 2024 and 6th of December 2024 to 5th of January 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 Metro Bank PLC price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Metro Bank price fluctuation can be explain by its past prices.
Correlation Coefficient
0.43
Spearman Rank Test
0.65
Residual Average
0.0
Price Variance
9.49
Metro Bank PLC lagged returns against current returns
Autocorrelation, which is Metro Bank 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 Metro Bank's stock expected returns. We can calculate the autocorrelation of Metro Bank returns to help us make a trade decision. For example, suppose you find that Metro Bank 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
Metro Bank 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 Metro Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metro Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metro Bank stock over time.
Current vs Lagged Prices
Timeline
Metro Bank Lagged Returns
When evaluating Metro Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metro Bank stock have on its future price. Metro Bank 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, Metro Bank autocorrelation shows the relationship between Metro Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Metro Bank PLC.
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.
When running Metro Bank's price analysis, check to measure Metro Bank'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 Metro Bank is operating at the current time. Most of Metro Bank's value examination focuses on studying past and present price action to predict the probability of Metro Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metro Bank's price. Additionally, you may evaluate how the addition of Metro Bank to your portfolios can decrease your overall portfolio volatility.