BAWAG Group (Austria) Market Value
| BG Stock | EUR 74.10 0.65 0.88% |
| Symbol | BAWAG |
BAWAG Group '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 BAWAG Group'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 BAWAG Group.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in BAWAG Group on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding BAWAG Group AG or generate 0.0% return on investment in BAWAG Group over 30 days. BAWAG Group is related to or competes with Raiffeisen Bank, Wiener Privatbank. BAWAG Group AG operates as a holding company for BAWAG P.S.K More
BAWAG Group 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 BAWAG Group'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 BAWAG Group AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.21 |
BAWAG Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BAWAG Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BAWAG Group's standard deviation. In reality, there are many statistical measures that can use BAWAG Group historical prices to predict the future BAWAG Group's volatility.| Risk Adjusted Performance | 0.0639 | |||
| Jensen Alpha | 0.0453 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2203 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BAWAG Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BAWAG Group AG Backtested Returns
BAWAG Group is very steady at the moment. BAWAG Group AG secures Sharpe Ratio (or Efficiency) of 0.0917, which signifies that the company had a 0.0917% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for BAWAG Group AG, which you can use to evaluate the volatility of the entity. Please confirm BAWAG Group's Mean Deviation of 1.08, coefficient of variation of 1292.93, and Market Risk Adjusted Performance of 0.2303 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. BAWAG Group has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BAWAG Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding BAWAG Group is expected to be smaller as well. BAWAG Group AG now shows a risk of 1.43%. Please confirm BAWAG Group AG expected short fall, and the relationship between the value at risk and daily balance of power , to decide if BAWAG Group AG will be following its price patterns.
Auto-correlation | 0.75 |
Good predictability
BAWAG Group AG has good predictability. Overlapping area represents the amount of predictability between BAWAG Group 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 BAWAG Group AG price movement. The serial correlation of 0.75 indicates that around 75.0% of current BAWAG Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.66 |
BAWAG Group AG lagged returns against current returns
Autocorrelation, which is BAWAG Group 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 BAWAG Group's stock expected returns. We can calculate the autocorrelation of BAWAG Group returns to help us make a trade decision. For example, suppose you find that BAWAG Group 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 |
BAWAG Group 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 BAWAG Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BAWAG Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BAWAG Group stock over time.
Current vs Lagged Prices |
| Timeline |
BAWAG Group Lagged Returns
When evaluating BAWAG Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BAWAG Group stock have on its future price. BAWAG Group 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, BAWAG Group autocorrelation shows the relationship between BAWAG Group stock current value and its past values and can show if there is a momentum factor associated with investing in BAWAG Group AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BAWAG Stock
BAWAG Group financial ratios help investors to determine whether BAWAG 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 BAWAG with respect to the benefits of owning BAWAG Group security.