Piraeus Bank Sa Stock Market Value
| BPIRY Stock | USD 3.76 0.08 2.17% |
| Symbol | Piraeus |
Piraeus 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 Piraeus Bank'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 Piraeus Bank.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Piraeus Bank on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Piraeus Bank SA or generate 0.0% return on investment in Piraeus Bank over 30 days. Piraeus Bank is related to or competes with PSB Holdings, and United Overseas. Piraeus Financial Holdings S.A. provides banking products and services in Greece and internationally More
Piraeus 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 Piraeus Bank'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 Piraeus Bank SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.96 | |||
| Value At Risk | (4.02) | |||
| Potential Upside | 3.61 |
Piraeus Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Piraeus Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Piraeus Bank's standard deviation. In reality, there are many statistical measures that can use Piraeus Bank historical prices to predict the future Piraeus Bank's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.27) |
Piraeus Bank SA Backtested Returns
Piraeus Bank SA maintains Sharpe Ratio (i.e., Efficiency) of -0.0575, which implies the firm had a -0.0575% return per unit of risk over the last 3 months. Piraeus Bank SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Piraeus Bank's Variance of 6.12, coefficient of variation of (1,347), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The company holds a Beta of 0.73, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Piraeus Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Piraeus Bank is expected to be smaller as well. At this point, Piraeus Bank SA has a negative expected return of -0.14%. Please make sure to check Piraeus Bank's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Piraeus Bank SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Piraeus Bank SA has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Piraeus Bank time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Piraeus Bank SA price movement. The serial correlation of -0.76 indicates that around 76.0% of current Piraeus Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Piraeus Bank SA lagged returns against current returns
Autocorrelation, which is Piraeus Bank 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 Piraeus Bank's pink sheet expected returns. We can calculate the autocorrelation of Piraeus Bank returns to help us make a trade decision. For example, suppose you find that Piraeus Bank 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 |
Piraeus 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 Piraeus Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Piraeus Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Piraeus Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Piraeus Bank Lagged Returns
When evaluating Piraeus Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Piraeus Bank pink sheet have on its future price. Piraeus 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, Piraeus Bank autocorrelation shows the relationship between Piraeus Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Piraeus Bank SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Piraeus Pink Sheet Analysis
When running Piraeus Bank's price analysis, check to measure Piraeus Bank'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 Piraeus Bank is operating at the current time. Most of Piraeus Bank's value examination focuses on studying past and present price action to predict the probability of Piraeus Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piraeus Bank's price. Additionally, you may evaluate how the addition of Piraeus Bank to your portfolios can decrease your overall portfolio volatility.