Bank Polska (Poland) Market Value
| PEO Stock | 139.65 0.95 0.68% |
| Symbol | Bank |
Bank Polska '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 Bank Polska'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 Bank Polska.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Bank Polska on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Bank Polska Kasa or generate 0.0% return on investment in Bank Polska over 720 days. Bank Polska is related to or competes with UniCredit SpA, Santander Bank, ING Bank, MBank SA, Bank Handlowy, and BNP Paribas. More
Bank Polska 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 Bank Polska'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 Bank Polska Kasa upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.84 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 3.31 |
Bank Polska Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Polska's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Polska's standard deviation. In reality, there are many statistical measures that can use Bank Polska historical prices to predict the future Bank Polska's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Polska's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bank Polska Kasa Backtested Returns
Bank Polska Kasa secures Sharpe Ratio (or Efficiency) of -0.0542, which signifies that the company had a -0.0542% return per unit of risk over the last 3 months. Bank Polska Kasa exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Polska's Risk Adjusted Performance of (0.04), mean deviation of 1.57, and Standard Deviation of 2.14 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bank Polska's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Polska is expected to be smaller as well. At this point, Bank Polska Kasa has a negative expected return of -0.12%. Please make sure to confirm Bank Polska's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Bank Polska Kasa performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Bank Polska Kasa has weak reverse predictability. Overlapping area represents the amount of predictability between Bank Polska time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Bank Polska Kasa price movement. The serial correlation of -0.25 indicates that over 25.0% of current Bank Polska price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 121.8 |
Bank Polska Kasa lagged returns against current returns
Autocorrelation, which is Bank Polska 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 Bank Polska's stock expected returns. We can calculate the autocorrelation of Bank Polska returns to help us make a trade decision. For example, suppose you find that Bank Polska 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 |
Bank Polska 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 Bank Polska stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Polska stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Polska stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Polska Lagged Returns
When evaluating Bank Polska's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Polska stock have on its future price. Bank Polska 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, Bank Polska autocorrelation shows the relationship between Bank Polska stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Polska Kasa.
Regressed Prices |
| Timeline |
Pair Trading with Bank Polska
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank Polska position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank Polska will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
Moving against Bank Stock
The ability to find closely correlated positions to Bank Polska could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Polska when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank Polska - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Polska Kasa to buy it.
The correlation of Bank Polska is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Polska moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Polska Kasa moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank Polska can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bank Stock Analysis
When running Bank Polska's price analysis, check to measure Bank Polska'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 Bank Polska is operating at the current time. Most of Bank Polska's value examination focuses on studying past and present price action to predict the probability of Bank Polska's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Polska's price. Additionally, you may evaluate how the addition of Bank Polska to your portfolios can decrease your overall portfolio volatility.