BNP PARIBAS (Germany) Market Value
| BNPH Stock | EUR 29.60 0.60 2.07% |
| Symbol | BNP |
BNP PARIBAS '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 BNP PARIBAS'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 BNP PARIBAS.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in BNP PARIBAS on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding BNP PARIBAS ADR or generate 0.0% return on investment in BNP PARIBAS over 30 days. BNP PARIBAS is related to or competes with Clean Energy, URBAN OUTFITTERS, Commonwealth Bank, CVW CLEANTECH, and G III. BNP Paribas SA provides a range of banking and financial services in France and internationally More
BNP PARIBAS 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 BNP PARIBAS'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 BNP PARIBAS ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.05 |
BNP PARIBAS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BNP PARIBAS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BNP PARIBAS's standard deviation. In reality, there are many statistical measures that can use BNP PARIBAS historical prices to predict the future BNP PARIBAS's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.2586 |
BNP PARIBAS ADR Backtested Returns
BNP PARIBAS ADR secures Sharpe Ratio (or Efficiency) of -0.045, which signifies that the company had a -0.045% return per unit of risk over the last 3 months. BNP PARIBAS ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BNP PARIBAS's mean deviation of 1.12, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BNP PARIBAS are expected to decrease at a much lower rate. During the bear market, BNP PARIBAS is likely to outperform the market. At this point, BNP PARIBAS ADR has a negative expected return of -0.0702%. Please make sure to confirm BNP PARIBAS's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if BNP PARIBAS ADR performance from the past will be repeated in the future.
Auto-correlation | -0.86 |
Excellent reverse predictability
BNP PARIBAS ADR has excellent reverse predictability. Overlapping area represents the amount of predictability between BNP PARIBAS time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 BNP PARIBAS ADR price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current BNP PARIBAS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
BNP PARIBAS ADR lagged returns against current returns
Autocorrelation, which is BNP PARIBAS 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 BNP PARIBAS's stock expected returns. We can calculate the autocorrelation of BNP PARIBAS returns to help us make a trade decision. For example, suppose you find that BNP PARIBAS 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 |
BNP PARIBAS 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 BNP PARIBAS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BNP PARIBAS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BNP PARIBAS stock over time.
Current vs Lagged Prices |
| Timeline |
BNP PARIBAS Lagged Returns
When evaluating BNP PARIBAS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BNP PARIBAS stock have on its future price. BNP PARIBAS 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, BNP PARIBAS autocorrelation shows the relationship between BNP PARIBAS stock current value and its past values and can show if there is a momentum factor associated with investing in BNP PARIBAS ADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BNP Stock
BNP PARIBAS financial ratios help investors to determine whether BNP 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 BNP with respect to the benefits of owning BNP PARIBAS security.