Arion Banki's market value is the price at which a share of Arion Banki trades on a public exchange. It measures the collective expectations of Arion banki hf investors about its performance. Arion Banki is trading at 1.14 as of the 6th of February 2025. This is a 1.79 percent increase since the beginning of the trading day. The stock's lowest day price was 1.12. With this module, you can estimate the performance of a buy and hold strategy of Arion banki hf and determine expected loss or profit from investing in Arion Banki over a given investment horizon. Check out Arion Banki Correlation, Arion Banki Volatility and Arion Banki Alpha and Beta module to complement your research on Arion Banki.
Please note, there is a significant difference between Arion Banki's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arion Banki is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arion Banki's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Arion Banki '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 Arion Banki'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 Arion Banki.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Arion Banki'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 Arion banki hf upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arion Banki's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arion Banki's standard deviation. In reality, there are many statistical measures that can use Arion Banki historical prices to predict the future Arion Banki's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Arion Banki. Your research has to be compared to or analyzed against Arion Banki's peers to derive any actionable benefits. When done correctly, Arion Banki's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Arion banki hf.
Arion banki hf Backtested Returns
Arion Banki appears to be very risky, given 3 months investment horizon. Arion banki hf secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Arion banki hf, which you can use to evaluate the volatility of the firm. Please makes use of Arion Banki's Risk Adjusted Performance of 0.0922, downside deviation of 2.64, and Mean Deviation of 1.54 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arion Banki holds a performance score of 10. The firm shows a Beta (market volatility) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arion Banki's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arion Banki is expected to be smaller as well. Please check Arion Banki's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Arion Banki's price patterns will revert.
Auto-correlation
-0.49
Modest reverse predictability
Arion banki hf has modest reverse predictability. Overlapping area represents the amount of predictability between Arion Banki time series from 7th of January 2025 to 22nd of January 2025 and 22nd of January 2025 to 6th of February 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 Arion banki hf price movement. The serial correlation of -0.49 indicates that about 49.0% of current Arion Banki price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.49
Spearman Rank Test
-0.02
Residual Average
0.0
Price Variance
0.0
Arion banki hf lagged returns against current returns
Autocorrelation, which is Arion Banki 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 Arion Banki's stock expected returns. We can calculate the autocorrelation of Arion Banki returns to help us make a trade decision. For example, suppose you find that Arion Banki 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
Arion Banki 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 Arion Banki stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arion Banki stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arion Banki stock over time.
Current vs Lagged Prices
Timeline
Arion Banki Lagged Returns
When evaluating Arion Banki's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arion Banki stock have on its future price. Arion Banki 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, Arion Banki autocorrelation shows the relationship between Arion Banki stock current value and its past values and can show if there is a momentum factor associated with investing in Arion banki hf.
Arion Banki financial ratios help investors to determine whether Arion 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 Arion with respect to the benefits of owning Arion Banki security.