BANK OF CHINA (Germany) Market Value
| W8V Stock | EUR 0.49 0.01 2.08% |
| Symbol | BANK |
BANK OF CHINA '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 BANK OF CHINA'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 BANK OF CHINA.
| 01/20/2023 |
| 01/09/2025 |
If you would invest 0.00 in BANK OF CHINA on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding BANK OF CHINA or generate 0.0% return on investment in BANK OF CHINA over 720 days. BANK OF CHINA is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
BANK OF CHINA 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 BANK OF CHINA'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 BANK OF CHINA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.7 | |||
| Information Ratio | 0.0798 | |||
| Maximum Drawdown | 9.1 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.33 |
BANK OF CHINA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BANK OF CHINA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BANK OF CHINA's standard deviation. In reality, there are many statistical measures that can use BANK OF CHINA historical prices to predict the future BANK OF CHINA's volatility.| Risk Adjusted Performance | 0.0808 | |||
| Jensen Alpha | 0.1787 | |||
| Total Risk Alpha | 0.1291 | |||
| Sortino Ratio | 0.057 | |||
| Treynor Ratio | (0.42) |
BANK OF CHINA Backtested Returns
BANK OF CHINA appears to be extremely dangerous, given 3 months investment horizon. BANK OF CHINA secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for BANK OF CHINA, which you can use to evaluate the volatility of the entity. Please makes use of BANK OF CHINA's Coefficient Of Variation of 1063.79, mean deviation of 1.39, and Semi Deviation of 1.43 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BANK OF CHINA holds a performance score of 9. The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BANK OF CHINA are expected to decrease at a much lower rate. During the bear market, BANK OF CHINA is likely to outperform the market. Please check BANK OF CHINA's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether BANK OF CHINA's price patterns will revert.
Auto-correlation | -0.62 |
Very good reverse predictability
BANK OF CHINA has very good reverse predictability. Overlapping area represents the amount of predictability between BANK OF CHINA time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BANK OF CHINA price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current BANK OF CHINA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
BANK OF CHINA lagged returns against current returns
Autocorrelation, which is BANK OF CHINA 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 BANK OF CHINA's stock expected returns. We can calculate the autocorrelation of BANK OF CHINA returns to help us make a trade decision. For example, suppose you find that BANK OF CHINA 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 |
BANK OF CHINA 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 BANK OF CHINA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BANK OF CHINA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BANK OF CHINA stock over time.
Current vs Lagged Prices |
| Timeline |
BANK OF CHINA Lagged Returns
When evaluating BANK OF CHINA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BANK OF CHINA stock have on its future price. BANK OF CHINA 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, BANK OF CHINA autocorrelation shows the relationship between BANK OF CHINA stock current value and its past values and can show if there is a momentum factor associated with investing in BANK OF CHINA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BANK Stock Analysis
When running BANK OF CHINA's price analysis, check to measure BANK OF CHINA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BANK OF CHINA is operating at the current time. Most of BANK OF CHINA's value examination focuses on studying past and present price action to predict the probability of BANK OF CHINA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BANK OF CHINA's price. Additionally, you may evaluate how the addition of BANK OF CHINA to your portfolios can decrease your overall portfolio volatility.