OTP Bank (Hungary) Price on March 7, 2024
| OTP Stock | 21,940 340.00 1.57% |
If you're considering investing in OTP Stock, it is important to understand the factors that can impact its price. As of today, the current price of OTP Bank stands at 21,940, as last reported on the 25th of November, with the highest price reaching 21,950 and the lowest price hitting 21,440 during the day. OTP Bank appears to be very steady, given 3 months investment horizon. OTP Bank Nyrt maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of volatility over the last 3 months. We have found thirty technical indicators for OTP Bank Nyrt, which you can use to evaluate the volatility of the company. Please evaluate OTP Bank's risk adjusted performance of 0.1818, and Semi Deviation of 0.7181 to confirm if our risk estimates are consistent with your expectations.
OTP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OTP |
Sharpe Ratio = 0.2346
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average OTP Bank is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of OTP Bank by adding it to a well-diversified portfolio.
OTP Bank Valuation on March 7, 2024
It is possible to determine the worth of OTP Bank on a given historical date. On March 7, 2024 OTP was worth 16772.11 at the beginning of the trading date compared to the closed value of 16733.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OTP Bank stock. Still, in general, we apply an absolute valuation method to find OTP Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of OTP Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OTP Bank's related companies.
| Open | High | Low | Close | Volume | |
| 16,733 | 16,864 | 16,709 | 16,782 | 199,257 | |
03/07/2024 | 16,772 | 16,787 | 16,500 | 16,733 | 383,212 |
| 16,830 | 16,976 | 16,510 | 16,573 | 512,024 |
| Backtest OTP Bank | | | OTP Bank History | | | OTP Bank Valuation | Previous | Next |
OTP Bank Trading Date Momentum on March 7, 2024
| On March 08 2024 OTP Bank Nyrt was traded for 16,573 at the closing time. The highest price during the trading period was 16,976 and the lowest recorded bid was listed for 16,510 . The volume for the day was 512 K. This history from March 8, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.96% . The trading delta at closing time to the current price is 2.61% . |
OTP Bank Nyrt Fundamentals Correlations and Trends
By evaluating OTP Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among OTP Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OTP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OTP Bank Stock history
OTP Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for OTP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OTP Bank Nyrt will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing OTP Bank stock prices may prove useful in developing a viable investing in OTP Bank
OTP Bank Stock Technical Analysis
OTP Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
OTP Bank Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
OTP Bank Nyrt cannot be verified against its exchange. Please verify the symbol is currently traded on Budapest Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
OTP Bank November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how OTP Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OTP Bank shares will generate the highest return on investment. By undertsting and applying OTP Bank stock market strength indicators, traders can identify OTP Bank Nyrt entry and exit signals to maximize returns
OTP Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OTP Bank's price direction in advance. Along with the technical and fundamental analysis of OTP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OTP to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1818 | |||
| Jensen Alpha | 0.1858 | |||
| Total Risk Alpha | 0.0772 | |||
| Sortino Ratio | 0.1395 | |||
| Treynor Ratio | 0.4239 |
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| Volume Indicators |
Complementary Tools for OTP Stock analysis
When running OTP Bank's price analysis, check to measure OTP Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OTP Bank is operating at the current time. Most of OTP Bank's value examination focuses on studying past and present price action to predict the probability of OTP Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OTP Bank's price. Additionally, you may evaluate how the addition of OTP Bank to your portfolios can decrease your overall portfolio volatility.
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