Banco De (Spain) Market Value
| SAB Stock | EUR 1.90 0.01 0.52% |
| Symbol | Banco |
Banco De '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 Banco De'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 Banco De.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Banco De on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Banco de Sabadell or generate 0.0% return on investment in Banco De over 30 days. Banco De is related to or competes with Caixabank, Bankinter, Banco Santander, Mapfre, and Repsol. Banco de Sabadell, S.A. provides banking products and services to personal, business, and private customers in Spain and... More
Banco De 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 Banco De'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 Banco de Sabadell upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.0098 | |||
| Maximum Drawdown | 10.53 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 3.35 |
Banco De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco De's standard deviation. In reality, there are many statistical measures that can use Banco De historical prices to predict the future Banco De's volatility.| Risk Adjusted Performance | 0.0596 | |||
| Jensen Alpha | 0.1679 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0083 | |||
| Treynor Ratio | (0.44) |
Banco de Sabadell Backtested Returns
At this point, Banco De is risky. Banco de Sabadell secures Sharpe Ratio (or Efficiency) of 0.0662, which signifies that the company had a 0.0662% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Banco de Sabadell, which you can use to evaluate the volatility of the firm. Please confirm Banco De's Downside Deviation of 2.29, risk adjusted performance of 0.0596, and Mean Deviation of 1.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Banco De has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Banco De are expected to decrease at a much lower rate. During the bear market, Banco De is likely to outperform the market. Banco de Sabadell right now shows a risk of 1.96%. Please confirm Banco de Sabadell sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Banco de Sabadell will be following its price patterns.
Auto-correlation | 0.55 |
Modest predictability
Banco de Sabadell has modest predictability. Overlapping area represents the amount of predictability between Banco De time series from 11th of November 2024 to 26th of November 2024 and 26th of November 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 Banco de Sabadell price movement. The serial correlation of 0.55 indicates that about 55.0% of current Banco De price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Banco de Sabadell lagged returns against current returns
Autocorrelation, which is Banco De 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 Banco De's stock expected returns. We can calculate the autocorrelation of Banco De returns to help us make a trade decision. For example, suppose you find that Banco De 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 |
Banco De 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 Banco De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco De stock over time.
Current vs Lagged Prices |
| Timeline |
Banco De Lagged Returns
When evaluating Banco De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco De stock have on its future price. Banco De 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, Banco De autocorrelation shows the relationship between Banco De stock current value and its past values and can show if there is a momentum factor associated with investing in Banco de Sabadell.
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.Other Information on Investing in Banco Stock
Banco De financial ratios help investors to determine whether Banco 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 Banco with respect to the benefits of owning Banco De security.