BNP Paribas (Germany) Market Value

Symbol

BNP

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 BNP Paribas' fund 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 BNP Paribas.

BNP Paribas Upside/Downside Indicators

BNP Paribas Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BNP Paribas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BNP Paribas' standard deviation. In reality, there are many statistical measures that can use BNP Paribas historical prices to predict the future BNP Paribas' volatility.

Autocorrelation, which is BNP Paribas fund'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 BNP Paribas' fund expected returns. We can calculate the autocorrelation of BNP Paribas returns to help us make a trade decision. For example, suppose you find that BNP Paribas has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If BNP Paribas fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BNP Paribas fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BNP Paribas fund over time.

When evaluating BNP Paribas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BNP Paribas fund have on its future price. BNP Paribas 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, BNP Paribas autocorrelation shows the relationship between BNP Paribas fund current value and its past values and can show if there is a momentum factor associated with investing in BNP Paribas Midcap.

BNP Paribas financial ratios help investors to determine whether BNP Fund 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 BNP with respect to the benefits of owning BNP Paribas security.