East West (Philippines) Market Value
| EW Stock | 9.76 0.02 0.21% |
| Symbol | East |
East West '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 East West'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 East West.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in East West on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding East West Banking or generate 0.0% return on investment in East West over 30 days. East West is related to or competes with Metropolitan Bank, Prime Media, Metro Retail, Jollibee Foods, Union Bank, Philex Mining, and Concepcion Industrial. More
East West 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 East West'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 East West Banking upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.001 | |||
| Maximum Drawdown | 6.41 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.52 |
East West Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for East West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as East West's standard deviation. In reality, there are many statistical measures that can use East West historical prices to predict the future East West's volatility.| Risk Adjusted Performance | 0.071 | |||
| Jensen Alpha | 0.1316 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0012 | |||
| Treynor Ratio | (0.33) |
East West Banking Backtested Returns
At this point, East West is not too volatile. East West Banking secures Sharpe Ratio (or Efficiency) of 0.0995, which denotes the company had a 0.0995% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for East West Banking, which you can use to evaluate the volatility of the firm. Please confirm East West's Mean Deviation of 0.8901, downside deviation of 1.05, and Coefficient Of Variation of 1138.05 to check if the risk estimate we provide is consistent with the expected return of 0.13%. East West has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning East West are expected to decrease at a much lower rate. During the bear market, East West is likely to outperform the market. East West Banking right now shows a risk of 1.29%. Please confirm East West Banking value at risk, as well as the relationship between the skewness and day median price , to decide if East West Banking will be following its price patterns.
Auto-correlation | -0.29 |
Weak reverse predictability
East West Banking has weak reverse predictability. Overlapping area represents the amount of predictability between East West time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 East West Banking price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current East West price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
East West Banking lagged returns against current returns
Autocorrelation, which is East West 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 East West's stock expected returns. We can calculate the autocorrelation of East West returns to help us make a trade decision. For example, suppose you find that East West 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 |
East West 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 East West stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if East West stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in East West stock over time.
Current vs Lagged Prices |
| Timeline |
East West Lagged Returns
When evaluating East West's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of East West stock have on its future price. East West 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, East West autocorrelation shows the relationship between East West stock current value and its past values and can show if there is a momentum factor associated with investing in East West Banking.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in East Stock
East West financial ratios help investors to determine whether East 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 East with respect to the benefits of owning East West security.