State Bank (UK) Market Value
| SBID Stock | USD 84.00 0.80 0.96% |
| Symbol | State |
State 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 State 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 State Bank.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in State Bank on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding State Bank of or generate 0.0% return on investment in State Bank over 90 days. State Bank is related to or competes with Pets At, Capital Drilling, Fortune Brands, Waste Management, Cairn Homes, Solstad Offshore, and Impax Asset. State Bank is entity of United Kingdom. It is traded as Stock on IL exchange. More
State 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 State 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 State Bank of upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 4.94 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.27 |
State Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for State Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as State Bank's standard deviation. In reality, there are many statistical measures that can use State Bank historical prices to predict the future State Bank's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 1.58 |
State Bank Backtested Returns
State Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21 % return per unit of risk over the last 3 months. State Bank of exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate State Bank's Risk Adjusted Performance of (0.20), variance of 1.58, and Coefficient Of Variation of (435.67) to confirm the risk estimate we provide. The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning State Bank are expected to decrease at a much lower rate. During the bear market, State Bank is likely to outperform the market. At this point, State Bank has a negative expected return of -0.27%. Please make sure to validate State Bank's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if State Bank performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
State Bank of has good predictability. Overlapping area represents the amount of predictability between State Bank 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 State Bank price movement. The serial correlation of 0.75 indicates that around 75.0% of current State Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 5.01 |
State Bank lagged returns against current returns
Autocorrelation, which is State 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 State Bank's stock expected returns. We can calculate the autocorrelation of State Bank returns to help us make a trade decision. For example, suppose you find that State 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 |
State 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 State Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if State Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in State Bank stock over time.
Current vs Lagged Prices |
| Timeline |
State Bank Lagged Returns
When evaluating State Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of State Bank stock have on its future price. State 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, State Bank autocorrelation shows the relationship between State Bank stock current value and its past values and can show if there is a momentum factor associated with investing in State Bank of.
Regressed Prices |
| Timeline |
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State Bank financial ratios help investors to determine whether State 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 State with respect to the benefits of owning State Bank security.