OTP Bank (Hungary) Market Value
| OTP Stock | 21,600 90.00 0.42% |
| Symbol | OTP |
OTP Bank '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 OTP Bank'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 OTP Bank.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in OTP Bank on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding OTP Bank Nyrt or generate 0.0% return on investment in OTP Bank over 720 days. OTP Bank is related to or competes with OPUS GLOBAL, Appeninn Nyrt, and MOL Nyrt. More
OTP Bank 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 OTP Bank'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 OTP Bank Nyrt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9968 | |||
| Information Ratio | 0.1731 | |||
| Maximum Drawdown | 7.07 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.99 |
OTP Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OTP Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OTP Bank's standard deviation. In reality, there are many statistical measures that can use OTP Bank historical prices to predict the future OTP Bank's volatility.| Risk Adjusted Performance | 0.1941 | |||
| Jensen Alpha | 0.2427 | |||
| Total Risk Alpha | 0.157 | |||
| Sortino Ratio | 0.2081 | |||
| Treynor Ratio | 0.4983 |
OTP Bank Nyrt Backtested Returns
OTP Bank appears to be very steady, given 3 months investment horizon. OTP Bank Nyrt maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of volatility over the last 3 months. We have found thirty technical indicators for OTP Bank Nyrt, which you can use to evaluate the volatility of the company. Please evaluate OTP Bank's semi deviation of 0.6941, and Risk Adjusted Performance of 0.1941 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OTP Bank holds a performance score of 18. The company holds a Beta of 0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, OTP Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding OTP Bank is expected to be smaller as well. Please check OTP Bank's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether OTP Bank's historical price patterns will revert.
Auto-correlation | 0.78 |
Good predictability
OTP Bank Nyrt has good predictability. Overlapping area represents the amount of predictability between OTP Bank time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 OTP Bank Nyrt price movement. The serial correlation of 0.78 indicates that around 78.0% of current OTP Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 2.1 M |
OTP Bank Nyrt lagged returns against current returns
Autocorrelation, which is OTP Bank 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 OTP Bank's stock expected returns. We can calculate the autocorrelation of OTP Bank returns to help us make a trade decision. For example, suppose you find that OTP Bank 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 |
OTP Bank 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 OTP Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OTP Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OTP Bank stock over time.
Current vs Lagged Prices |
| Timeline |
OTP Bank Lagged Returns
When evaluating OTP Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OTP Bank stock have on its future price. OTP Bank 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, OTP Bank autocorrelation shows the relationship between OTP Bank stock current value and its past values and can show if there is a momentum factor associated with investing in OTP Bank Nyrt.
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 OTP Stock
OTP Bank financial ratios help investors to determine whether OTP 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 OTP with respect to the benefits of owning OTP Bank security.