Bangkok Bank (Germany) Market Value
| BKKF Stock | EUR 4.00 0.02 0.50% |
| Symbol | Bangkok |
Bangkok 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 Bangkok 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 Bangkok Bank.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Bangkok Bank on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Bangkok Bank Public or generate 0.0% return on investment in Bangkok Bank over 30 days. Bangkok Bank is related to or competes with China Merchants, PT Bank, and State Bank. Bangkok Bank Public Company Limited provides various commercial banking products and services primarily in Thailand More
Bangkok 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 Bangkok 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 Bangkok Bank Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.9 | |||
| Information Ratio | 0.1285 | |||
| Maximum Drawdown | 118.74 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 7.5 |
Bangkok Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bangkok Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bangkok Bank's standard deviation. In reality, there are many statistical measures that can use Bangkok Bank historical prices to predict the future Bangkok Bank's volatility.| Risk Adjusted Performance | 0.1151 | |||
| Jensen Alpha | 2.06 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.4641 | |||
| Treynor Ratio | (1.99) |
Bangkok Bank Public Backtested Returns
Bangkok Bank is extremely dangerous given 3 months investment horizon. Bangkok Bank Public secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We were able to collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.01% are justified by taking the suggested risk. Use Bangkok Bank Risk Adjusted Performance of 0.1151, mean deviation of 4.49, and Downside Deviation of 3.9 to evaluate company specific risk that cannot be diversified away. Bangkok Bank holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.97, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Bangkok Bank are expected to decrease slowly. On the other hand, during market turmoil, Bangkok Bank is expected to outperform it slightly. Use Bangkok Bank total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on Bangkok Bank.
Auto-correlation | -0.21 |
Weak reverse predictability
Bangkok Bank Public has weak reverse predictability. Overlapping area represents the amount of predictability between Bangkok Bank time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Bangkok Bank Public price movement. The serial correlation of -0.21 indicates that over 21.0% of current Bangkok Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bangkok Bank Public lagged returns against current returns
Autocorrelation, which is Bangkok 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 Bangkok Bank's stock expected returns. We can calculate the autocorrelation of Bangkok Bank returns to help us make a trade decision. For example, suppose you find that Bangkok 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 |
Bangkok 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 Bangkok Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bangkok Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bangkok Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Bangkok Bank Lagged Returns
When evaluating Bangkok Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bangkok Bank stock have on its future price. Bangkok 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, Bangkok Bank autocorrelation shows the relationship between Bangkok Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Bangkok Bank Public.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bangkok Stock
Bangkok Bank financial ratios help investors to determine whether Bangkok 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 Bangkok with respect to the benefits of owning Bangkok Bank security.