Qnb Finansbank's market value is the price at which a share of Qnb Finansbank trades on a public exchange. It measures the collective expectations of Qnb Finansbank AS investors about its performance. Qnb Finansbank is trading at 274.00 as of the 11th of December 2024. This is a 1.53 percent down since the beginning of the trading day. The stock's open price was 278.25. With this module, you can estimate the performance of a buy and hold strategy of Qnb Finansbank AS and determine expected loss or profit from investing in Qnb Finansbank 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 metropolitan statistical area.
Symbol
Qnb
Qnb Finansbank '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 Qnb Finansbank'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 Qnb Finansbank.
0.00
07/20/2023
No Change 0.00
0.0
In 1 year 4 months and 25 days
12/11/2024
0.00
If you would invest 0.00 in Qnb Finansbank on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Qnb Finansbank AS or generate 0.0% return on investment in Qnb Finansbank over 510 days.
Qnb Finansbank 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 Qnb Finansbank'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 Qnb Finansbank AS 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 Qnb Finansbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qnb Finansbank's standard deviation. In reality, there are many statistical measures that can use Qnb Finansbank historical prices to predict the future Qnb Finansbank's volatility.
Qnb Finansbank AS maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Qnb Finansbank AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qnb Finansbank's Variance of 4.39, coefficient of variation of (549.03), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide. The company holds a Beta of -0.0915, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Qnb Finansbank are expected to decrease at a much lower rate. During the bear market, Qnb Finansbank is likely to outperform the market. At this point, Qnb Finansbank AS has a negative expected return of -0.27%. Please make sure to check Qnb Finansbank's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Qnb Finansbank AS performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.34
Poor reverse predictability
Qnb Finansbank AS has poor reverse predictability. Overlapping area represents the amount of predictability between Qnb Finansbank time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 Qnb Finansbank AS price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Qnb Finansbank price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.34
Spearman Rank Test
0.06
Residual Average
0.0
Price Variance
1322.2
Qnb Finansbank AS lagged returns against current returns
Autocorrelation, which is Qnb Finansbank 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 Qnb Finansbank's stock expected returns. We can calculate the autocorrelation of Qnb Finansbank returns to help us make a trade decision. For example, suppose you find that Qnb Finansbank 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
Qnb Finansbank 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 Qnb Finansbank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qnb Finansbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qnb Finansbank stock over time.
Current vs Lagged Prices
Timeline
Qnb Finansbank Lagged Returns
When evaluating Qnb Finansbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qnb Finansbank stock have on its future price. Qnb Finansbank 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, Qnb Finansbank autocorrelation shows the relationship between Qnb Finansbank stock current value and its past values and can show if there is a momentum factor associated with investing in Qnb Finansbank AS.
Regressed Prices
Timeline
Thematic Opportunities
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