Finecobank Banca Fineco Stock Market Value
| FCBBF Stock | USD 14.48 0.00 0.00% |
| Symbol | FinecoBank |
FinecoBank Banca '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 FinecoBank Banca's otc 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 FinecoBank Banca.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in FinecoBank Banca on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding FinecoBank Banca Fineco or generate 0.0% return on investment in FinecoBank Banca over 480 days. FinecoBank Banca is related to or competes with Alpha Bank, Deutsche Bank, Western Alliance, KBC Groep, Swedbank, Nordea Bank, and DBS Group. FinecoBank Banca Fineco S.p.A. provides banking and investment products and services More
FinecoBank Banca 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 FinecoBank Banca's otc 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 FinecoBank Banca Fineco upside and downside potential and time the market with a certain degree of confidence.
FinecoBank Banca Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FinecoBank Banca's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FinecoBank Banca's standard deviation. In reality, there are many statistical measures that can use FinecoBank Banca historical prices to predict the future FinecoBank Banca's volatility.FinecoBank Banca Fineco Backtested Returns
We have found three technical indicators for FinecoBank Banca Fineco, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and FinecoBank Banca are completely uncorrelated.
Auto-correlation | -0.55 |
Good reverse predictability
FinecoBank Banca Fineco has good reverse predictability. Overlapping area represents the amount of predictability between FinecoBank Banca time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 FinecoBank Banca Fineco price movement. The serial correlation of -0.55 indicates that about 55.0% of current FinecoBank Banca price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
FinecoBank Banca Fineco lagged returns against current returns
Autocorrelation, which is FinecoBank Banca otc 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 FinecoBank Banca's otc stock expected returns. We can calculate the autocorrelation of FinecoBank Banca returns to help us make a trade decision. For example, suppose you find that FinecoBank Banca has exhibited high autocorrelation historically, and you observe that the otc 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 |
FinecoBank Banca 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 FinecoBank Banca otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FinecoBank Banca otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FinecoBank Banca otc stock over time.
Current vs Lagged Prices |
| Timeline |
FinecoBank Banca Lagged Returns
When evaluating FinecoBank Banca's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FinecoBank Banca otc stock have on its future price. FinecoBank Banca 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, FinecoBank Banca autocorrelation shows the relationship between FinecoBank Banca otc stock current value and its past values and can show if there is a momentum factor associated with investing in FinecoBank Banca Fineco.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FinecoBank OTC Stock
FinecoBank Banca financial ratios help investors to determine whether FinecoBank OTC 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 FinecoBank with respect to the benefits of owning FinecoBank Banca security.