BANK OCHINA (Germany) Market Value
| W8VS Stock | EUR 12.90 0.30 2.27% |
| Symbol | BANK |
BANK OCHINA '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 BANK OCHINA'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 BANK OCHINA.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in BANK OCHINA on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding BANK OCHINA H or generate 0.0% return on investment in BANK OCHINA over 90 days. BANK OCHINA is related to or competes with Thai Beverage, Vienna Insurance, REVO INSURANCE, Japan Post, Ebro Foods, Molson Coors, and Marie Brizard. Bank of China Limited, together with its subsidiaries, provides banking and related financial services More
BANK OCHINA 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 BANK OCHINA'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 BANK OCHINA H upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.2155 | |||
| Maximum Drawdown | 13.41 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 4.65 |
BANK OCHINA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BANK OCHINA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BANK OCHINA's standard deviation. In reality, there are many statistical measures that can use BANK OCHINA historical prices to predict the future BANK OCHINA's volatility.| Risk Adjusted Performance | 0.1499 | |||
| Jensen Alpha | 0.4025 | |||
| Total Risk Alpha | 0.57 | |||
| Sortino Ratio | 0.1898 | |||
| Treynor Ratio | 0.4252 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BANK OCHINA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BANK OCHINA H Backtested Returns
BANK OCHINA appears to be not too volatile, given 3 months investment horizon. BANK OCHINA H secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BANK OCHINA H, which you can use to evaluate the volatility of the entity. Please makes use of BANK OCHINA's Mean Deviation of 1.29, semi deviation of 1.49, and Coefficient Of Variation of 603.27 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BANK OCHINA holds a performance score of 12. The firm shows a Beta (market volatility) of 0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BANK OCHINA's returns are expected to increase less than the market. However, during the bear market, the loss of holding BANK OCHINA is expected to be smaller as well. Please check BANK OCHINA's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether BANK OCHINA's price patterns will revert.
Auto-correlation | 0.68 |
Good predictability
BANK OCHINA H has good predictability. Overlapping area represents the amount of predictability between BANK OCHINA time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 BANK OCHINA H price movement. The serial correlation of 0.68 indicates that around 68.0% of current BANK OCHINA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
BANK OCHINA H lagged returns against current returns
Autocorrelation, which is BANK OCHINA 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 BANK OCHINA's stock expected returns. We can calculate the autocorrelation of BANK OCHINA returns to help us make a trade decision. For example, suppose you find that BANK OCHINA 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 |
BANK OCHINA 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 BANK OCHINA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BANK OCHINA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BANK OCHINA stock over time.
Current vs Lagged Prices |
| Timeline |
BANK OCHINA Lagged Returns
When evaluating BANK OCHINA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BANK OCHINA stock have on its future price. BANK OCHINA 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, BANK OCHINA autocorrelation shows the relationship between BANK OCHINA stock current value and its past values and can show if there is a momentum factor associated with investing in BANK OCHINA H.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BANK Stock
BANK OCHINA financial ratios help investors to determine whether BANK 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 BANK with respect to the benefits of owning BANK OCHINA security.