Bank of Ireland's market value is the price at which a share of Bank of Ireland trades on a public exchange. It measures the collective expectations of Bank of Ireland investors about its performance. Bank of Ireland is trading at 9.02 as of the 12th of January 2025. This is a 0.78 percent increase since the beginning of the trading day. The stock's lowest day price was 8.95. With this module, you can estimate the performance of a buy and hold strategy of Bank of Ireland and determine expected loss or profit from investing in Bank of Ireland over a given investment horizon. Check out Bank of Ireland Correlation, Bank of Ireland Volatility and Bank of Ireland Alpha and Beta module to complement your research on Bank of Ireland.
Please note, there is a significant difference between Bank of Ireland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Ireland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Ireland'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.
Bank of Ireland '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 Bank of Ireland's pink sheet 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 Bank of Ireland.
0.00
10/14/2024
No Change 0.00
0.0
In 3 months and 1 day
01/12/2025
0.00
If you would invest 0.00 in Bank of Ireland on October 14, 2024 and sell it all today you would earn a total of 0.00 from holding Bank of Ireland or generate 0.0% return on investment in Bank of Ireland over 90 days. Bank of Ireland is related to or competes with Alpha Bank, National Bank, Piraeus Bank, United Bancorp, WesBanco, United Bankshares, and First Capital. Bank of Ireland Group plc provides various banking and financial products and services More
Bank of Ireland 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 Bank of Ireland's pink sheet 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 Bank of Ireland 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 Bank of Ireland's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank of Ireland's standard deviation. In reality, there are many statistical measures that can use Bank of Ireland historical prices to predict the future Bank of Ireland's volatility.
Bank of Ireland secures Sharpe Ratio (or Efficiency) of -0.0983, which signifies that the company had a -0.0983% return per unit of risk over the last 3 months. Bank of Ireland exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank of Ireland's Mean Deviation of 1.78, risk adjusted performance of (0.03), and Standard Deviation of 2.8 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank of Ireland are expected to decrease at a much lower rate. During the bear market, Bank of Ireland is likely to outperform the market. At this point, Bank of Ireland has a negative expected return of -0.2%. Please make sure to confirm Bank of Ireland's accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Bank of Ireland performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.21
Weak reverse predictability
Bank of Ireland has weak reverse predictability. Overlapping area represents the amount of predictability between Bank of Ireland time series from 14th of October 2024 to 28th of November 2024 and 28th of November 2024 to 12th of January 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 Bank of Ireland price movement. The serial correlation of -0.21 indicates that over 21.0% of current Bank of Ireland price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.21
Spearman Rank Test
-0.22
Residual Average
0.0
Price Variance
0.03
Bank of Ireland lagged returns against current returns
Autocorrelation, which is Bank of Ireland pink sheet'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 Bank of Ireland's pink sheet expected returns. We can calculate the autocorrelation of Bank of Ireland returns to help us make a trade decision. For example, suppose you find that Bank of Ireland has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Bank of Ireland 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 Bank of Ireland pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank of Ireland pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank of Ireland pink sheet over time.
Current vs Lagged Prices
Timeline
Bank of Ireland Lagged Returns
When evaluating Bank of Ireland's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank of Ireland pink sheet have on its future price. Bank of Ireland 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, Bank of Ireland autocorrelation shows the relationship between Bank of Ireland pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bank of Ireland.
Bank of Ireland financial ratios help investors to determine whether Bank Pink Sheet 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 Bank with respect to the benefits of owning Bank of Ireland security.