Banimmo SA (Belgium) Market Value
| BANI Stock | EUR 2.90 0.04 1.36% |
| Symbol | Banimmo |
Banimmo SA '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 Banimmo SA'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 Banimmo SA.
| 12/17/2023 |
| 12/11/2024 |
If you would invest 0.00 in Banimmo SA on December 17, 2023 and sell it all today you would earn a total of 0.00 from holding Banimmo SA or generate 0.0% return on investment in Banimmo SA over 360 days. Banimmo SA is related to or competes with Atenor SA, Immobel, EVS Broadcast, and Home Invest. Banimmo SA engages in the redevelopment of various buildings in Belgium, France, and Luxembourg More
Banimmo SA 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 Banimmo SA'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 Banimmo SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 5.82 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 1.35 |
Banimmo SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banimmo SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banimmo SA's standard deviation. In reality, there are many statistical measures that can use Banimmo SA historical prices to predict the future Banimmo SA's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.8302 |
Banimmo SA Backtested Returns
Banimmo SA secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Banimmo SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banimmo SA's Mean Deviation of 0.8094, standard deviation of 1.14, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Banimmo SA are expected to decrease at a much lower rate. During the bear market, Banimmo SA is likely to outperform the market. At this point, Banimmo SA has a negative expected return of -0.18%. Please make sure to confirm Banimmo SA's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Banimmo SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Banimmo SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Banimmo SA time series from 17th of December 2023 to 14th of June 2024 and 14th of June 2024 to 11th 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 Banimmo SA price movement. The serial correlation of -0.2 indicates that over 20.0% of current Banimmo SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Banimmo SA lagged returns against current returns
Autocorrelation, which is Banimmo SA 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 Banimmo SA's stock expected returns. We can calculate the autocorrelation of Banimmo SA returns to help us make a trade decision. For example, suppose you find that Banimmo SA 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 |
Banimmo SA 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 Banimmo SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banimmo SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banimmo SA stock over time.
Current vs Lagged Prices |
| Timeline |
Banimmo SA Lagged Returns
When evaluating Banimmo SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banimmo SA stock have on its future price. Banimmo SA 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, Banimmo SA autocorrelation shows the relationship between Banimmo SA stock current value and its past values and can show if there is a momentum factor associated with investing in Banimmo SA.
Regressed Prices |
| Timeline |
Pair Trading with Banimmo SA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banimmo SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banimmo SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Banimmo Stock
The ability to find closely correlated positions to Banimmo SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banimmo SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banimmo SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banimmo SA to buy it.
The correlation of Banimmo SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banimmo SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banimmo SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banimmo SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Banimmo Stock Analysis
When running Banimmo SA's price analysis, check to measure Banimmo SA'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 Banimmo SA is operating at the current time. Most of Banimmo SA's value examination focuses on studying past and present price action to predict the probability of Banimmo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banimmo SA's price. Additionally, you may evaluate how the addition of Banimmo SA to your portfolios can decrease your overall portfolio volatility.