Banco De (Spain) Market Value
| SAB Stock | EUR 1.83 0.02 1.10% |
| Symbol | Banco |
Banco De '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 Banco De'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 Banco De.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Banco De on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Banco de Sabadell or generate 0.0% return on investment in Banco De over 30 days. Banco De is related to or competes with Caixabank, Bankinter, Banco Santander, Mapfre, and Repsol. Banco de Sabadell, S.A. provides banking products and services to personal, business, and private customers in Spain and... More
Banco De 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 Banco De'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 Banco de Sabadell upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.53 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 2.82 |
Banco De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco De's standard deviation. In reality, there are many statistical measures that can use Banco De historical prices to predict the future Banco De's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.73) |
Banco de Sabadell Backtested Returns
Banco de Sabadell secures Sharpe Ratio (or Efficiency) of -0.0036, which signifies that the company had a -0.0036% return per unit of risk over the last 3 months. Banco de Sabadell exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco De's Mean Deviation of 1.3, standard deviation of 1.89, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0459, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Banco De's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banco De is expected to be smaller as well. At this point, Banco de Sabadell has a negative expected return of -0.0069%. Please make sure to confirm Banco De's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Banco de Sabadell performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.18 |
Very weak predictability
Banco de Sabadell has very weak predictability. Overlapping area represents the amount of predictability between Banco De time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Banco de Sabadell price movement. The serial correlation of 0.18 indicates that over 18.0% of current Banco De price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Banco de Sabadell lagged returns against current returns
Autocorrelation, which is Banco De 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 Banco De's stock expected returns. We can calculate the autocorrelation of Banco De returns to help us make a trade decision. For example, suppose you find that Banco De 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 |
Banco De 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 Banco De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco De stock over time.
Current vs Lagged Prices |
| Timeline |
Banco De Lagged Returns
When evaluating Banco De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco De stock have on its future price. Banco De 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, Banco De autocorrelation shows the relationship between Banco De stock current value and its past values and can show if there is a momentum factor associated with investing in Banco de Sabadell.
Regressed Prices |
| Timeline |
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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 Banco Stock
Banco De financial ratios help investors to determine whether Banco 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 Banco with respect to the benefits of owning Banco De security.