Oberbank (Austria) Market Value
| OBS Stock | EUR 70.00 0.00 0.00% |
| Symbol | Oberbank |
Oberbank '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 Oberbank'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 Oberbank.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Oberbank on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Oberbank AG or generate 0.0% return on investment in Oberbank over 90 days. Oberbank is related to or competes with Addiko Bank, UNIQA Insurance, CNH Industrial, Vienna Insurance, and AMAG Austria. More
Oberbank 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 Oberbank'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 Oberbank AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 1.88 | |||
| Maximum Drawdown | 0.2865 |
Oberbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oberbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oberbank's standard deviation. In reality, there are many statistical measures that can use Oberbank historical prices to predict the future Oberbank's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 2.63 |
Oberbank AG Backtested Returns
Oberbank is very steady at the moment. Oberbank AG maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Oberbank AG, which you can use to evaluate the volatility of the company. Please check Oberbank's Risk Adjusted Performance of (0.16), coefficient of variation of 395064.97, and Variance of 0.0028 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. The company holds a Beta of -0.0038, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Oberbank are expected to decrease at a much lower rate. During the bear market, Oberbank is likely to outperform the market. Oberbank AG right now holds a risk of 0.0527%. Please check Oberbank AG coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and rate of daily change , to decide if Oberbank AG will be following its historical price patterns.
Auto-correlation | Huge |
Perfect predictability
Oberbank AG has perfect predictability. Overlapping area represents the amount of predictability between Oberbank time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Oberbank AG price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Oberbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oberbank AG lagged returns against current returns
Autocorrelation, which is Oberbank 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 Oberbank's stock expected returns. We can calculate the autocorrelation of Oberbank returns to help us make a trade decision. For example, suppose you find that Oberbank 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 |
Oberbank 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 Oberbank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oberbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oberbank stock over time.
Current vs Lagged Prices |
| Timeline |
Oberbank Lagged Returns
When evaluating Oberbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oberbank stock have on its future price. Oberbank 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, Oberbank autocorrelation shows the relationship between Oberbank stock current value and its past values and can show if there is a momentum factor associated with investing in Oberbank AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Oberbank Stock
Oberbank financial ratios help investors to determine whether Oberbank 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 Oberbank with respect to the benefits of owning Oberbank security.