STANDARD CHARTERED's market value is the price at which a share of STANDARD CHARTERED trades on a public exchange. It measures the collective expectations of STANDARD CHARTERED BANK investors about its performance. STANDARD CHARTERED is trading at 23.00 as of the 1st of December 2024, a No Change since the beginning of the trading day. The stock's lowest day price was 23.0. With this module, you can estimate the performance of a buy and hold strategy of STANDARD CHARTERED BANK and determine expected loss or profit from investing in STANDARD CHARTERED over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Symbol
STANDARD
STANDARD CHARTERED '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 STANDARD CHARTERED'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 STANDARD CHARTERED.
0.00
11/01/2024
No Change 0.00
0.0
In 31 days
12/01/2024
0.00
If you would invest 0.00 in STANDARD CHARTERED on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding STANDARD CHARTERED BANK or generate 0.0% return on investment in STANDARD CHARTERED over 30 days.
STANDARD CHARTERED 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 STANDARD CHARTERED'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 STANDARD CHARTERED BANK upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for STANDARD CHARTERED's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STANDARD CHARTERED's standard deviation. In reality, there are many statistical measures that can use STANDARD CHARTERED historical prices to predict the future STANDARD CHARTERED's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as STANDARD CHARTERED. Your research has to be compared to or analyzed against STANDARD CHARTERED's peers to derive any actionable benefits. When done correctly, STANDARD CHARTERED's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in STANDARD CHARTERED BANK.
STANDARD CHARTERED BANK Backtested Returns
STANDARD CHARTERED appears to be very steady, given 3 months investment horizon. STANDARD CHARTERED BANK retains Efficiency (Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found seventeen technical indicators for STANDARD CHARTERED, which you can use to evaluate the volatility of the company. Please review STANDARD CHARTERED's risk adjusted performance of 0.1276, and Standard Deviation of 1.32 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, STANDARD CHARTERED holds a performance score of 12. The entity owns a Beta (Systematic Risk) of -0.0517, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning STANDARD CHARTERED are expected to decrease at a much lower rate. During the bear market, STANDARD CHARTERED is likely to outperform the market. Please check STANDARD CHARTERED's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to make a quick decision on whether STANDARD CHARTERED's current price history will revert.
Auto-correlation
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No correlation between past and present
STANDARD CHARTERED BANK has no correlation between past and present. Overlapping area represents the amount of predictability between STANDARD CHARTERED time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 STANDARD CHARTERED BANK price movement. The serial correlation of 0.0 indicates that just 0.0% of current STANDARD CHARTERED price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
1.0
Residual Average
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Price Variance
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STANDARD CHARTERED BANK lagged returns against current returns
Autocorrelation, which is STANDARD CHARTERED 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 STANDARD CHARTERED's stock expected returns. We can calculate the autocorrelation of STANDARD CHARTERED returns to help us make a trade decision. For example, suppose you find that STANDARD CHARTERED 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
STANDARD CHARTERED 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 STANDARD CHARTERED stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STANDARD CHARTERED stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STANDARD CHARTERED stock over time.
Current vs Lagged Prices
Timeline
STANDARD CHARTERED Lagged Returns
When evaluating STANDARD CHARTERED's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STANDARD CHARTERED stock have on its future price. STANDARD CHARTERED 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, STANDARD CHARTERED autocorrelation shows the relationship between STANDARD CHARTERED stock current value and its past values and can show if there is a momentum factor associated with investing in STANDARD CHARTERED BANK.
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.