Sydbank A/S (Germany) Market Value
| TM2 Stock | EUR 47.16 0.38 0.80% |
| Symbol | Sydbank |
Sydbank A/S '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 Sydbank A/S'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 Sydbank A/S.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Sydbank A/S on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Sydbank AS or generate 0.0% return on investment in Sydbank A/S over 390 days. Sydbank A/S is related to or competes with INDOFOOD AGRI, AIR LIQUIDE, TreeHouse Foods, Major Drilling, MYFAIR GOLD, SHELF DRILLING, and Cal-Maine Foods. Sydbank AS, together with its subsidiaries, provides various banking products and services to corporate and retail custo... More
Sydbank A/S 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 Sydbank A/S'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 Sydbank AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.05 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.54 |
Sydbank A/S Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sydbank A/S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sydbank A/S's standard deviation. In reality, there are many statistical measures that can use Sydbank A/S historical prices to predict the future Sydbank A/S's volatility.| Risk Adjusted Performance | 0.0392 | |||
| Jensen Alpha | 0.0381 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2781 |
Sydbank A/S Backtested Returns
At this point, Sydbank A/S is very steady. Sydbank A/S owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0241, which indicates the firm had a 0.0241% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sydbank AS, which you can use to evaluate the volatility of the company. Please validate Sydbank A/S's Coefficient Of Variation of 2233.75, semi deviation of 1.3, and Risk Adjusted Performance of 0.0392 to confirm if the risk estimate we provide is consistent with the expected return of 0.0375%. Sydbank A/S has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sydbank A/S's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sydbank A/S is expected to be smaller as well. Sydbank A/S right now has a risk of 1.56%. Please validate Sydbank A/S downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Sydbank A/S will be following its existing price patterns.
Auto-correlation | -0.59 |
Good reverse predictability
Sydbank AS has good reverse predictability. Overlapping area represents the amount of predictability between Sydbank A/S time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Sydbank A/S price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Sydbank A/S price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 4.74 |
Sydbank A/S lagged returns against current returns
Autocorrelation, which is Sydbank A/S 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 Sydbank A/S's stock expected returns. We can calculate the autocorrelation of Sydbank A/S returns to help us make a trade decision. For example, suppose you find that Sydbank A/S 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 |
Sydbank A/S 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 Sydbank A/S stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sydbank A/S stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sydbank A/S stock over time.
Current vs Lagged Prices |
| Timeline |
Sydbank A/S Lagged Returns
When evaluating Sydbank A/S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sydbank A/S stock have on its future price. Sydbank A/S 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, Sydbank A/S autocorrelation shows the relationship between Sydbank A/S stock current value and its past values and can show if there is a momentum factor associated with investing in Sydbank AS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sydbank Stock
Sydbank A/S financial ratios help investors to determine whether Sydbank 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 Sydbank with respect to the benefits of owning Sydbank A/S security.