ING GROEP NV Market Value
| 456837AV5 | 88.04 7.62 7.97% |
| Symbol | 456837AV5 |
456837AV5 '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 456837AV5's bond 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 456837AV5.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in 456837AV5 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding ING GROEP NV or generate 0.0% return on investment in 456837AV5 over 30 days. 456837AV5 is related to or competes with Delek Logistics, Hooker Furniture, Apogee Enterprises, NiSource, NorthWestern, Pure Cycle, and Cheniere Energy. More
456837AV5 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 456837AV5's bond 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 ING GROEP NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 10.3 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 0.2839 |
456837AV5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 456837AV5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 456837AV5's standard deviation. In reality, there are many statistical measures that can use 456837AV5 historical prices to predict the future 456837AV5's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.63) |
ING GROEP NV Backtested Returns
ING GROEP NV secures Sharpe Ratio (or Efficiency) of -0.0307, which signifies that the bond had a -0.0307% return per unit of price deviation over the last 3 months. ING GROEP NV exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 456837AV5's Coefficient Of Variation of (1,220), mean deviation of 0.4378, and Information Ratio of (0.18) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 456837AV5's returns are expected to increase less than the market. However, during the bear market, the loss of holding 456837AV5 is expected to be smaller as well.
Auto-correlation | -0.86 |
Excellent reverse predictability
ING GROEP NV has excellent reverse predictability. Overlapping area represents the amount of predictability between 456837AV5 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 ING GROEP NV price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current 456837AV5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 5.58 |
ING GROEP NV lagged returns against current returns
Autocorrelation, which is 456837AV5 bond'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 456837AV5's bond expected returns. We can calculate the autocorrelation of 456837AV5 returns to help us make a trade decision. For example, suppose you find that 456837AV5 has exhibited high autocorrelation historically, and you observe that the bond 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 |
456837AV5 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 456837AV5 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 456837AV5 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 456837AV5 bond over time.
Current vs Lagged Prices |
| Timeline |
456837AV5 Lagged Returns
When evaluating 456837AV5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 456837AV5 bond have on its future price. 456837AV5 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, 456837AV5 autocorrelation shows the relationship between 456837AV5 bond current value and its past values and can show if there is a momentum factor associated with investing in ING GROEP NV.
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 456837AV5 Bond
456837AV5 financial ratios help investors to determine whether 456837AV5 Bond 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 456837AV5 with respect to the benefits of owning 456837AV5 security.