ING Groep (Netherlands) Market Value
| INGA Stock | EUR 14.56 0.10 0.68% |
| Symbol | ING |
ING Groep '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 ING Groep'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 ING Groep.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in ING Groep on December 14, 2022 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 ING Groep over 720 days. ING Groep is related to or competes with Aegon NV, ABN Amro, Koninklijke Philips, Unilever PLC, and Koninklijke Ahold. ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium... More
ING Groep 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 ING Groep'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 ING Groep NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 4.78 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.21 |
ING Groep Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ING Groep's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ING Groep's standard deviation. In reality, there are many statistical measures that can use ING Groep historical prices to predict the future ING Groep's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.913 |
ING Groep NV Backtested Returns
ING Groep NV holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. ING Groep NV exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ING Groep's Market Risk Adjusted Performance of 0.923, coefficient of variation of (596.09), and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ING Groep are expected to decrease at a much lower rate. During the bear market, ING Groep is likely to outperform the market. At this point, ING Groep NV has a negative expected return of -0.15%. Please make sure to check out ING Groep's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if ING Groep NV performance from the past will be repeated in the future.
Auto-correlation | 0.36 |
Below average predictability
ING Groep NV has below average predictability. Overlapping area represents the amount of predictability between ING Groep time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 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 ING Groep NV price movement. The serial correlation of 0.36 indicates that just about 36.0% of current ING Groep price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 2.82 |
ING Groep NV lagged returns against current returns
Autocorrelation, which is ING Groep 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 ING Groep's stock expected returns. We can calculate the autocorrelation of ING Groep returns to help us make a trade decision. For example, suppose you find that ING Groep 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 |
ING Groep 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 ING Groep stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ING Groep stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ING Groep stock over time.
Current vs Lagged Prices |
| Timeline |
ING Groep Lagged Returns
When evaluating ING Groep's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ING Groep stock have on its future price. ING Groep 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, ING Groep autocorrelation shows the relationship between ING Groep stock 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 |
Thematic Opportunities
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Additional Tools for ING Stock Analysis
When running ING Groep's price analysis, check to measure ING Groep'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 ING Groep is operating at the current time. Most of ING Groep's value examination focuses on studying past and present price action to predict the probability of ING Groep's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ING Groep's price. Additionally, you may evaluate how the addition of ING Groep to your portfolios can decrease your overall portfolio volatility.