Optima Bank (Greece) Market Value

OPTIMA Stock   14.34  0.18  1.27%   
Optima Bank's market value is the price at which a share of Optima Bank trades on a public exchange. It measures the collective expectations of Optima bank SA investors about its performance. Optima Bank is trading at 14.34 as of the 2nd of March 2025, a 1.27% up since the beginning of the trading day. The stock's open price was 14.16.
With this module, you can estimate the performance of a buy and hold strategy of Optima bank SA and determine expected loss or profit from investing in Optima Bank over a given investment horizon. Check out Your Equity Center 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 population.
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Optima 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 Optima 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 Optima Bank.
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 Optima Bank on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Optima bank SA or generate 0.0% return on investment in Optima Bank over 30 days.

Optima Bank 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 Optima 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 Optima bank SA upside and downside potential and time the market with a certain degree of confidence.

Optima Bank Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Optima Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Optima Bank's standard deviation. In reality, there are many statistical measures that can use Optima Bank historical prices to predict the future Optima Bank's volatility.

Optima bank SA Backtested Returns

Optima Bank appears to be very steady, given 3 months investment horizon. Optima bank SA maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Optima bank SA, which you can use to evaluate the volatility of the company. Please evaluate Optima Bank's Coefficient Of Variation of 597.62, risk adjusted performance of 0.1267, and Semi Deviation of 0.7543 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Optima Bank holds a performance score of 14. The company holds a Beta of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, Optima Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Optima Bank is expected to be smaller as well. Please check Optima Bank's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Optima Bank's historical price patterns will revert.

Auto-correlation

    
  0.20  

Weak predictability

Optima bank SA has weak predictability. Overlapping area represents the amount of predictability between Optima Bank 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 Optima bank SA price movement. The serial correlation of 0.2 indicates that over 20.0% of current Optima Bank price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test0.1
Residual Average0.0
Price Variance0.04

Optima bank SA lagged returns against current returns

Autocorrelation, which is Optima 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 Optima Bank's stock expected returns. We can calculate the autocorrelation of Optima Bank returns to help us make a trade decision. For example, suppose you find that Optima 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  

Optima 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 Optima Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Optima Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Optima Bank stock over time.
   Current vs Lagged Prices   
       Timeline  

Optima Bank Lagged Returns

When evaluating Optima Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Optima Bank stock have on its future price. Optima 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, Optima Bank autocorrelation shows the relationship between Optima Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Optima bank SA.
   Regressed Prices   
       Timeline  

Thematic Opportunities

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