Export Development's market value is the price at which a share of Export Development trades on a public exchange. It measures the collective expectations of Export Development Bank investors about its performance. Export Development is trading at 18.81 as of the 25th of November 2024. This is a 0.86 percent up since the beginning of the trading day. The stock's lowest day price was 18.51. With this module, you can estimate the performance of a buy and hold strategy of Export Development Bank and determine expected loss or profit from investing in Export Development over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Export
Export Development '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 Export Development'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 Export Development.
0.00
06/04/2023
No Change 0.00
0.0
In 1 year 5 months and 25 days
11/25/2024
0.00
If you would invest 0.00 in Export Development on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Export Development Bank or generate 0.0% return on investment in Export Development over 540 days.
Export Development 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 Export Development'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 Export Development Bank 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 Export Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Export Development's standard deviation. In reality, there are many statistical measures that can use Export Development historical prices to predict the future Export Development's volatility.
Export Development appears to be not too volatile, given 3 months investment horizon. Export Development Bank secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Export Development Bank, which you can use to evaluate the volatility of the firm. Please utilize Export Development's Variance of 17.68, standard deviation of 4.2, and Mean Deviation of 2.09 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Export Development holds a performance score of 12. The firm shows a Beta (market volatility) of -0.0986, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Export Development are expected to decrease at a much lower rate. During the bear market, Export Development is likely to outperform the market. Please check Export Development's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Export Development's price patterns will revert.
Auto-correlation
-0.63
Very good reverse predictability
Export Development Bank has very good reverse predictability. Overlapping area represents the amount of predictability between Export Development time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 Export Development Bank price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Export Development price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.63
Spearman Rank Test
-0.75
Residual Average
0.0
Price Variance
8.75
Export Development Bank lagged returns against current returns
Autocorrelation, which is Export Development 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 Export Development's stock expected returns. We can calculate the autocorrelation of Export Development returns to help us make a trade decision. For example, suppose you find that Export Development 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
Export Development 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 Export Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Export Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Export Development stock over time.
Current vs Lagged Prices
Timeline
Export Development Lagged Returns
When evaluating Export Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Export Development stock have on its future price. Export Development 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, Export Development autocorrelation shows the relationship between Export Development stock current value and its past values and can show if there is a momentum factor associated with investing in Export Development Bank.
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.