ALIOR BANK (Germany) Market Value
| A6O Stock | EUR 21.06 0.37 1.79% |
| Symbol | ALIOR |
ALIOR 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 ALIOR 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 ALIOR BANK.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in ALIOR BANK on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding ALIOR BANK or generate 0.0% return on investment in ALIOR BANK over 30 days. ALIOR BANK is related to or competes with Japan Medical, MEDICAL FACILITIES, SWISS WATER, National Retail, MARKET VECTR, and Diamyd Medical. More
ALIOR 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 ALIOR 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 ALIOR BANK upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 12.35 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 4.62 |
ALIOR BANK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALIOR BANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ALIOR BANK's standard deviation. In reality, there are many statistical measures that can use ALIOR BANK historical prices to predict the future ALIOR BANK's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.14) |
ALIOR BANK Backtested Returns
ALIOR BANK secures Sharpe Ratio (or Efficiency) of -0.0564, which signifies that the company had a -0.0564% return per unit of return volatility over the last 3 months. ALIOR BANK exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALIOR BANK's Mean Deviation of 1.91, risk adjusted performance of (0.03), and Coefficient Of Variation of (1,819) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.11, which signifies a somewhat significant risk relative to the market. ALIOR BANK returns are very sensitive to returns on the market. As the market goes up or down, ALIOR BANK is expected to follow. At this point, ALIOR BANK has a negative expected return of -0.15%. Please make sure to confirm ALIOR BANK's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if ALIOR BANK performance from the past will be repeated in the future.
Auto-correlation | 0.44 |
Average predictability
ALIOR BANK has average predictability. Overlapping area represents the amount of predictability between ALIOR BANK time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 ALIOR BANK price movement. The serial correlation of 0.44 indicates that just about 44.0% of current ALIOR BANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
ALIOR BANK lagged returns against current returns
Autocorrelation, which is ALIOR 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 ALIOR BANK's stock expected returns. We can calculate the autocorrelation of ALIOR BANK returns to help us make a trade decision. For example, suppose you find that ALIOR 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 |
ALIOR 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 ALIOR BANK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ALIOR BANK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ALIOR BANK stock over time.
Current vs Lagged Prices |
| Timeline |
ALIOR BANK Lagged Returns
When evaluating ALIOR BANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ALIOR BANK stock have on its future price. ALIOR 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, ALIOR BANK autocorrelation shows the relationship between ALIOR BANK stock current value and its past values and can show if there is a momentum factor associated with investing in ALIOR BANK.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in ALIOR Stock
ALIOR BANK financial ratios help investors to determine whether ALIOR 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 ALIOR with respect to the benefits of owning ALIOR BANK security.