STANBIC BANK (Uganda) Market Value
| SBU Stock | 48.72 0.24 0.49% |
| Symbol | STANBIC |
STANBIC 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 STANBIC 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 STANBIC BANK.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in STANBIC BANK on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding STANBIC BANK HOLDINGS or generate 0.0% return on investment in STANBIC BANK over 90 days.
STANBIC 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 STANBIC 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 STANBIC BANK HOLDINGS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | 0.1513 | |||
| Maximum Drawdown | 9.52 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 3.65 |
STANBIC BANK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for STANBIC BANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STANBIC BANK's standard deviation. In reality, there are many statistical measures that can use STANBIC BANK historical prices to predict the future STANBIC BANK's volatility.| Risk Adjusted Performance | 0.1904 | |||
| Jensen Alpha | 0.3473 | |||
| Total Risk Alpha | 0.1163 | |||
| Sortino Ratio | 0.1434 | |||
| Treynor Ratio | (1.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of STANBIC BANK's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
STANBIC BANK HOLDINGS Backtested Returns
STANBIC BANK appears to be very steady, given 3 months investment horizon. STANBIC BANK HOLDINGS retains Efficiency (Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for STANBIC BANK, which you can use to evaluate the volatility of the company. Please review STANBIC BANK's downside deviation of 1.44, and Risk Adjusted Performance of 0.1904 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, STANBIC BANK holds a performance score of 19. The entity owns a Beta (Systematic Risk) of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning STANBIC BANK are expected to decrease at a much lower rate. During the bear market, STANBIC BANK is likely to outperform the market. Please check STANBIC BANK's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether STANBIC BANK's current price history will revert.
Auto-correlation | -0.64 |
Very good reverse predictability
STANBIC BANK HOLDINGS has very good reverse predictability. Overlapping area represents the amount of predictability between STANBIC BANK time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 STANBIC BANK HOLDINGS price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current STANBIC BANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
STANBIC BANK HOLDINGS lagged returns against current returns
Autocorrelation, which is STANBIC 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 STANBIC BANK's stock expected returns. We can calculate the autocorrelation of STANBIC BANK returns to help us make a trade decision. For example, suppose you find that STANBIC 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 |
STANBIC 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 STANBIC BANK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STANBIC BANK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STANBIC BANK stock over time.
Current vs Lagged Prices |
| Timeline |
STANBIC BANK Lagged Returns
When evaluating STANBIC BANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STANBIC BANK stock have on its future price. STANBIC 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, STANBIC BANK autocorrelation shows the relationship between STANBIC BANK stock current value and its past values and can show if there is a momentum factor associated with investing in STANBIC BANK HOLDINGS.
Regressed Prices |
| Timeline |