BNP Paribas (Germany) Market Value

BNP Stock  EUR 57.26  0.50  0.87%   
BNP Paribas' market value is the price at which a share of BNP Paribas trades on a public exchange. It measures the collective expectations of BNP Paribas SA investors about its performance. BNP Paribas is trading at 57.26 as of the 24th of December 2024. This is a 0.87% down since the beginning of the trading day. The stock's lowest day price was 57.16.
With this module, you can estimate the performance of a buy and hold strategy of BNP Paribas SA and determine expected loss or profit from investing in BNP Paribas over a given investment horizon. Check out BNP Paribas Correlation, BNP Paribas Volatility and BNP Paribas Alpha and Beta module to complement your research on BNP Paribas.
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Please note, there is a significant difference between BNP Paribas' value and its price as these two are different measures arrived at by different means. Investors typically determine if BNP Paribas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNP Paribas' 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.

BNP Paribas '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 BNP Paribas' 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 BNP Paribas.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in BNP Paribas on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding BNP Paribas SA or generate 0.0% return on investment in BNP Paribas over 30 days. BNP Paribas is related to or competes with BNP PARIBAS, Intesa Sanpaolo, Lloyds Banking, Lloyds Banking, UniCredit SpA, and Crdit Agricole. BNP Paribas SA provides a range of banking and financial services in France and internationally More

BNP Paribas 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 BNP Paribas' 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 BNP Paribas SA upside and downside potential and time the market with a certain degree of confidence.

BNP Paribas Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BNP Paribas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BNP Paribas' standard deviation. In reality, there are many statistical measures that can use BNP Paribas historical prices to predict the future BNP Paribas' volatility.
Hype
Prediction
LowEstimatedHigh
55.9357.2658.59
Details
Intrinsic
Valuation
LowRealHigh
49.5450.8762.99
Details

BNP Paribas SA Backtested Returns

BNP Paribas SA secures Sharpe Ratio (or Efficiency) of -0.0877, which signifies that the company had a -0.0877% return per unit of risk over the last 3 months. BNP Paribas SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BNP Paribas' mean deviation of 1.01, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0577, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BNP Paribas are expected to decrease at a much lower rate. During the bear market, BNP Paribas is likely to outperform the market. At this point, BNP Paribas SA has a negative expected return of -0.12%. Please make sure to confirm BNP Paribas' treynor ratio, skewness, rate of daily change, as well as the relationship between the value at risk and accumulation distribution , to decide if BNP Paribas SA performance from the past will be repeated in the future.

Auto-correlation

    
  -0.65  

Very good reverse predictability

BNP Paribas SA has very good reverse predictability. Overlapping area represents the amount of predictability between BNP Paribas time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 BNP Paribas SA price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current BNP Paribas price fluctuation can be explain by its past prices.
Correlation Coefficient-0.65
Spearman Rank Test-0.55
Residual Average0.0
Price Variance0.77

BNP Paribas SA lagged returns against current returns

Autocorrelation, which is BNP Paribas 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 BNP Paribas' stock expected returns. We can calculate the autocorrelation of BNP Paribas returns to help us make a trade decision. For example, suppose you find that BNP Paribas 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  

BNP Paribas 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 BNP Paribas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BNP Paribas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BNP Paribas stock over time.
   Current vs Lagged Prices   
       Timeline  

BNP Paribas Lagged Returns

When evaluating BNP Paribas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BNP Paribas stock have on its future price. BNP Paribas 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, BNP Paribas autocorrelation shows the relationship between BNP Paribas stock current value and its past values and can show if there is a momentum factor associated with investing in BNP Paribas SA.
   Regressed Prices   
       Timeline  

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Other Information on Investing in BNP Stock

BNP Paribas financial ratios help investors to determine whether BNP 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 BNP with respect to the benefits of owning BNP Paribas security.