Instabank ASA (Norway) Market Value
| INSTA Stock | NOK 1.90 0.05 2.70% |
| Symbol | Instabank |
Instabank ASA '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 Instabank ASA'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 Instabank ASA.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Instabank ASA on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Instabank ASA or generate 0.0% return on investment in Instabank ASA over 390 days. Instabank ASA is related to or competes with Xplora Technologies, Odfjell Technology, SpareBank, Sogn Sparebank, Grong Sparebank, and Romerike Sparebank. Instabank ASA provides various banking products and services in Norway More
Instabank ASA 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 Instabank ASA'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 Instabank ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.12 |
Instabank ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Instabank ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Instabank ASA's standard deviation. In reality, there are many statistical measures that can use Instabank ASA historical prices to predict the future Instabank ASA's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.7136 |
Instabank ASA Backtested Returns
Instabank ASA holds Efficiency (Sharpe) Ratio of -0.0105, which attests that the entity had a -0.0105% return per unit of risk over the last 3 months. Instabank ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Instabank ASA's Risk Adjusted Performance of (0.01), standard deviation of 1.38, and Market Risk Adjusted Performance of 0.7236 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.045, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Instabank ASA are expected to decrease at a much lower rate. During the bear market, Instabank ASA is likely to outperform the market. At this point, Instabank ASA has a negative expected return of -0.0146%. Please make sure to check out Instabank ASA's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Instabank ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Instabank ASA has good predictability. Overlapping area represents the amount of predictability between Instabank ASA time series from 30th of October 2023 to 12th of May 2024 and 12th of May 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 Instabank ASA price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Instabank ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Instabank ASA lagged returns against current returns
Autocorrelation, which is Instabank ASA 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 Instabank ASA's stock expected returns. We can calculate the autocorrelation of Instabank ASA returns to help us make a trade decision. For example, suppose you find that Instabank ASA 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 |
Instabank ASA 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 Instabank ASA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Instabank ASA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Instabank ASA stock over time.
Current vs Lagged Prices |
| Timeline |
Instabank ASA Lagged Returns
When evaluating Instabank ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Instabank ASA stock have on its future price. Instabank ASA 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, Instabank ASA autocorrelation shows the relationship between Instabank ASA stock current value and its past values and can show if there is a momentum factor associated with investing in Instabank ASA.
Regressed Prices |
| Timeline |
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Instabank ASA financial ratios help investors to determine whether Instabank 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 Instabank with respect to the benefits of owning Instabank ASA security.