Komercn Banka (Germany) Market Value
| KONN Stock | EUR 33.38 0.54 1.59% |
| Symbol | Komercn |
Komercn Banka '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 Komercn Banka'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 Komercn Banka.
| 09/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in Komercn Banka on September 23, 2024 and sell it all today you would earn a total of 0.00 from holding Komercn banka as or generate 0.0% return on investment in Komercn Banka over 90 days. Komercn Banka is related to or competes with BNP Paribas, DNB BANK, Deutsche Bank, Socit Gnrale, Commerzbank, Commerzbank, and AIB Group. Komercn banka, a.s., together with its subsidiaries, provides a range of retail, corporate, and investment banking servi... More
Komercn Banka 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 Komercn Banka'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 Komercn banka as upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.0907 | |||
| Maximum Drawdown | 5.49 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 2.29 |
Komercn Banka Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Komercn Banka's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Komercn Banka's standard deviation. In reality, there are many statistical measures that can use Komercn Banka historical prices to predict the future Komercn Banka's volatility.| Risk Adjusted Performance | 0.097 | |||
| Jensen Alpha | 0.1281 | |||
| Total Risk Alpha | 0.0949 | |||
| Sortino Ratio | 0.0958 | |||
| Treynor Ratio | (4.49) |
Komercn banka as Backtested Returns
At this point, Komercn Banka is very steady. Komercn banka as has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Komercn Banka, which you can use to evaluate the volatility of the firm. Please verify Komercn Banka's Mean Deviation of 0.8506, risk adjusted performance of 0.097, and Downside Deviation of 1.1 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. Komercn Banka has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0284, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Komercn Banka are expected to decrease at a much lower rate. During the bear market, Komercn Banka is likely to outperform the market. Komercn banka as right now secures a risk of 1.16%. Please verify Komercn banka as total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Komercn banka as will be following its current price movements.
Auto-correlation | 0.82 |
Very good predictability
Komercn banka as has very good predictability. Overlapping area represents the amount of predictability between Komercn Banka time series from 23rd of September 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Komercn banka as price movement. The serial correlation of 0.82 indicates that around 82.0% of current Komercn Banka price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Komercn banka as lagged returns against current returns
Autocorrelation, which is Komercn Banka 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 Komercn Banka's stock expected returns. We can calculate the autocorrelation of Komercn Banka returns to help us make a trade decision. For example, suppose you find that Komercn Banka 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 |
Komercn Banka 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 Komercn Banka stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Komercn Banka stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Komercn Banka stock over time.
Current vs Lagged Prices |
| Timeline |
Komercn Banka Lagged Returns
When evaluating Komercn Banka's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Komercn Banka stock have on its future price. Komercn Banka 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, Komercn Banka autocorrelation shows the relationship between Komercn Banka stock current value and its past values and can show if there is a momentum factor associated with investing in Komercn banka as.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Komercn Stock
Komercn Banka financial ratios help investors to determine whether Komercn 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 Komercn with respect to the benefits of owning Komercn Banka security.