Eurobank Ergasias Services Stock Market Value
| EGFEF Stock | USD 2.39 0.07 3.02% |
| Symbol | Eurobank |
Eurobank Ergasias '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 Eurobank Ergasias' 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 Eurobank Ergasias.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Eurobank Ergasias on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Eurobank Ergasias Services or generate 0.0% return on investment in Eurobank Ergasias over 30 days. Eurobank Ergasias is related to or competes with National Beverage, Vita Coco, Meliá Hotels, Willamette Valley, Suntory Beverage, and Fomento Economico. Eurobank Ergasias Services and Holdings S.A., together with its subsidiaries, provides retail banking, corporate and pri... More
Eurobank Ergasias 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 Eurobank Ergasias' 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 Eurobank Ergasias Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1022 | |||
| Maximum Drawdown | 10.51 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 1.89 |
Eurobank Ergasias Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eurobank Ergasias' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eurobank Ergasias' standard deviation. In reality, there are many statistical measures that can use Eurobank Ergasias historical prices to predict the future Eurobank Ergasias' volatility.| Risk Adjusted Performance | 0.1075 | |||
| Jensen Alpha | 0.1641 | |||
| Total Risk Alpha | 0.1272 | |||
| Treynor Ratio | (0.67) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eurobank Ergasias' 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.
Eurobank Ergasias Backtested Returns
At this point, Eurobank Ergasias is slightly risky. Eurobank Ergasias secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Eurobank Ergasias Services, which you can use to evaluate the volatility of the firm. Please confirm Eurobank Ergasias' Variance of 1.87, mean deviation of 0.5553, and Standard Deviation of 1.37 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Eurobank Ergasias has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eurobank Ergasias are expected to decrease at a much lower rate. During the bear market, Eurobank Ergasias is likely to outperform the market. Eurobank Ergasias right now shows a risk of 1.43%. Please confirm Eurobank Ergasias kurtosis, and the relationship between the treynor ratio and day median price , to decide if Eurobank Ergasias will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Eurobank Ergasias Services has no correlation between past and present. Overlapping area represents the amount of predictability between Eurobank Ergasias time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 Eurobank Ergasias price movement. The serial correlation of 0.0 indicates that just 0.0% of current Eurobank Ergasias price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eurobank Ergasias lagged returns against current returns
Autocorrelation, which is Eurobank Ergasias 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 Eurobank Ergasias' pink sheet expected returns. We can calculate the autocorrelation of Eurobank Ergasias returns to help us make a trade decision. For example, suppose you find that Eurobank Ergasias 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 |
Eurobank Ergasias 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 Eurobank Ergasias pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eurobank Ergasias pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eurobank Ergasias pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eurobank Ergasias Lagged Returns
When evaluating Eurobank Ergasias' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eurobank Ergasias pink sheet have on its future price. Eurobank Ergasias 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, Eurobank Ergasias autocorrelation shows the relationship between Eurobank Ergasias pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eurobank Ergasias Services.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Eurobank Pink Sheet
Eurobank Ergasias financial ratios help investors to determine whether Eurobank 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 Eurobank with respect to the benefits of owning Eurobank Ergasias security.