CHIBA BANK (Germany) Market Value
| CBR Stock | EUR 8.10 0.30 3.85% |
| Symbol | CHIBA |
CHIBA 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 CHIBA 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 CHIBA BANK.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in CHIBA BANK on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding CHIBA BANK or generate 0.0% return on investment in CHIBA BANK over 360 days. CHIBA BANK is related to or competes with SEALED AIR, Dave Busters, Live Nation, Universal Entertainment, DELTA AIR, and Ryanair Holdings. More
CHIBA 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 CHIBA 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 CHIBA BANK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.21 | |||
| Information Ratio | 0.0069 | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 3.85 |
CHIBA BANK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHIBA BANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHIBA BANK's standard deviation. In reality, there are many statistical measures that can use CHIBA BANK historical prices to predict the future CHIBA BANK's volatility.| Risk Adjusted Performance | 0.0562 | |||
| Jensen Alpha | 0.0231 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0067 | |||
| Treynor Ratio | 0.1391 |
CHIBA BANK Backtested Returns
At this point, CHIBA BANK is somewhat reliable. CHIBA BANK secures Sharpe Ratio (or Efficiency) of 0.0939, which signifies that the company had a 0.0939% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for CHIBA BANK, which you can use to evaluate the volatility of the firm. Please confirm CHIBA BANK's Mean Deviation of 1.65, semi deviation of 1.87, and Risk Adjusted Performance of 0.0562 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. CHIBA BANK has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.93, which signifies possible diversification benefits within a given portfolio. CHIBA BANK returns are very sensitive to returns on the market. As the market goes up or down, CHIBA BANK is expected to follow. CHIBA BANK at this time shows a risk of 2.03%. Please confirm CHIBA BANK downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if CHIBA BANK will be following its price patterns.
Auto-correlation | -0.58 |
Good reverse predictability
CHIBA BANK has good reverse predictability. Overlapping area represents the amount of predictability between CHIBA BANK time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 CHIBA BANK price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current CHIBA BANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
CHIBA BANK lagged returns against current returns
Autocorrelation, which is CHIBA 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 CHIBA BANK's stock expected returns. We can calculate the autocorrelation of CHIBA BANK returns to help us make a trade decision. For example, suppose you find that CHIBA 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 |
CHIBA 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 CHIBA BANK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHIBA BANK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHIBA BANK stock over time.
Current vs Lagged Prices |
| Timeline |
CHIBA BANK Lagged Returns
When evaluating CHIBA BANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHIBA BANK stock have on its future price. CHIBA 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, CHIBA BANK autocorrelation shows the relationship between CHIBA BANK stock current value and its past values and can show if there is a momentum factor associated with investing in CHIBA BANK.
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 CHIBA Stock
CHIBA BANK financial ratios help investors to determine whether CHIBA 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 CHIBA with respect to the benefits of owning CHIBA BANK security.