Sydbank (UK) Market Value
| 0MGE Stock | 351.60 1.00 0.28% |
| Symbol | Sydbank |
Sydbank '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 Sydbank'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 Sydbank.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Sydbank on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sydbank or generate 0.0% return on investment in Sydbank over 30 days. Sydbank is related to or competes with Tyson Foods, Batm Advanced, GlobalData PLC, Universal Display, Monster Beverage, Zoom Video, and Verizon Communications. Sydbank is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Sydbank 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 Sydbank'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 Sydbank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.63 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.18 |
Sydbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sydbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sydbank's standard deviation. In reality, there are many statistical measures that can use Sydbank historical prices to predict the future Sydbank's volatility.| Risk Adjusted Performance | 0.0314 | |||
| Jensen Alpha | 0.0156 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.206 |
Sydbank Backtested Returns
Currently, Sydbank is very steady. Sydbank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.054, which indicates the firm had a 0.054% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sydbank, which you can use to evaluate the volatility of the company. Please validate Sydbank's Coefficient Of Variation of 2836.48, semi deviation of 1.32, and Risk Adjusted Performance of 0.0314 to confirm if the risk estimate we provide is consistent with the expected return of 0.0708%. Sydbank has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sydbank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sydbank is expected to be smaller as well. Sydbank right now has a risk of 1.31%. Please validate Sydbank downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Sydbank will be following its existing price patterns.
Auto-correlation | 0.65 |
Good predictability
Sydbank has good predictability. Overlapping area represents the amount of predictability between Sydbank time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 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 Sydbank price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Sydbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 15.18 |
Sydbank lagged returns against current returns
Autocorrelation, which is Sydbank 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 Sydbank's stock expected returns. We can calculate the autocorrelation of Sydbank returns to help us make a trade decision. For example, suppose you find that Sydbank 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 |
Sydbank 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 Sydbank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sydbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sydbank stock over time.
Current vs Lagged Prices |
| Timeline |
Sydbank Lagged Returns
When evaluating Sydbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sydbank stock have on its future price. Sydbank 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, Sydbank autocorrelation shows the relationship between Sydbank stock current value and its past values and can show if there is a momentum factor associated with investing in Sydbank.
Regressed Prices |
| Timeline |
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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.Additional Tools for Sydbank Stock Analysis
When running Sydbank's price analysis, check to measure Sydbank'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 Sydbank is operating at the current time. Most of Sydbank's value examination focuses on studying past and present price action to predict the probability of Sydbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sydbank's price. Additionally, you may evaluate how the addition of Sydbank to your portfolios can decrease your overall portfolio volatility.