OTP Bank (UK) Market Value
| 0M69 Stock | 12,590 4,865 27.87% |
| Symbol | OTP |
OTP 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 OTP 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 OTP Bank.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in OTP Bank on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding OTP Bank Nyrt or generate 0.0% return on investment in OTP Bank over 360 days. OTP Bank is related to or competes with AMG Advanced, Panther Metals, G5 Entertainment, Everyman Media, Liberty Media, One Media, and Flutter Entertainment. OTP Bank is entity of United Kingdom. It is traded as Stock on LSE exchange. More
OTP 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 OTP 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 OTP Bank Nyrt upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0657 | |||
| Maximum Drawdown | 107.82 | |||
| Value At Risk | (30.69) | |||
| Potential Upside | 44.28 |
OTP Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OTP Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OTP Bank's standard deviation. In reality, there are many statistical measures that can use OTP Bank historical prices to predict the future OTP Bank's volatility.| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | (1.55) | |||
| Treynor Ratio | 0.7807 |
OTP Bank Nyrt Backtested Returns
OTP Bank is very steady given 3 months investment horizon. OTP Bank Nyrt maintains Sharpe Ratio (i.e., Efficiency) of 0.0746, which implies the firm had a 0.0746% return per unit of volatility over the last 3 months. We are able to interpolate and collect twenty-three different technical indicators, which can help you to evaluate if expected returns of 1.24% are justified by taking the suggested risk. Use OTP Bank risk adjusted performance of 0.0661, and Coefficient Of Variation of 1351.2 to evaluate company specific risk that cannot be diversified away. OTP Bank holds a performance score of 5 on a scale of zero to a hundred. The company holds a Beta of 1.56, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, OTP Bank will likely underperform. Use OTP Bank standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to analyze future returns on OTP Bank.
Auto-correlation | 0.15 |
Insignificant predictability
OTP Bank Nyrt has insignificant predictability. Overlapping area represents the amount of predictability between OTP Bank time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 OTP Bank Nyrt price movement. The serial correlation of 0.15 indicates that less than 15.0% of current OTP Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 1.9 M |
OTP Bank Nyrt lagged returns against current returns
Autocorrelation, which is OTP 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 OTP Bank's stock expected returns. We can calculate the autocorrelation of OTP Bank returns to help us make a trade decision. For example, suppose you find that OTP 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 |
OTP 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 OTP Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OTP Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OTP Bank stock over time.
Current vs Lagged Prices |
| Timeline |
OTP Bank Lagged Returns
When evaluating OTP Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OTP Bank stock have on its future price. OTP 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, OTP Bank autocorrelation shows the relationship between OTP Bank stock current value and its past values and can show if there is a momentum factor associated with investing in OTP Bank Nyrt.
Regressed Prices |
| Timeline |
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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.Additional Tools for OTP Stock Analysis
When running OTP Bank's price analysis, check to measure OTP Bank'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 OTP Bank is operating at the current time. Most of OTP Bank's value examination focuses on studying past and present price action to predict the probability of OTP Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OTP Bank's price. Additionally, you may evaluate how the addition of OTP Bank to your portfolios can decrease your overall portfolio volatility.