Standard Bank Group Stock Market Value
| SGBLY Stock | USD 13.05 0.14 1.06% |
| Symbol | Standard |
Standard 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 Standard Bank's pink sheet 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 Standard Bank.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Standard Bank on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Standard Bank Group or generate 0.0% return on investment in Standard Bank over 720 days. Standard Bank is related to or competes with Bank Central, Nedbank, Kasikornbank Public, KBC Groep, Bank Mandiri, Bank Rakyat, and Eurobank Ergasias. Standard Bank Group Limited provides banking and financial products and services in Africa and internationally More
Standard 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 Standard Bank's pink sheet 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 Standard Bank Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.37 |
Standard Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Standard Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Standard Bank's standard deviation. In reality, there are many statistical measures that can use Standard Bank historical prices to predict the future Standard Bank's volatility.| Risk Adjusted Performance | 0.0039 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.08) |
Standard Bank Group Backtested Returns
At this stage we consider Standard Pink Sheet to be not too volatile. Standard Bank Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.025, which indicates the firm had a 0.025% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Standard Bank Group, which you can use to evaluate the volatility of the company. Please validate Standard Bank's Risk Adjusted Performance of 0.0039, coefficient of variation of (46,339), and Variance of 3.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.0422%. Standard Bank has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Standard Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Standard Bank is expected to be smaller as well. Standard Bank Group right now has a risk of 1.69%. Please validate Standard Bank maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Standard Bank will be following its existing price patterns.
Auto-correlation | 0.70 |
Good predictability
Standard Bank Group has good predictability. Overlapping area represents the amount of predictability between Standard Bank time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Standard Bank Group price movement. The serial correlation of 0.7 indicates that around 70.0% of current Standard Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 3.13 |
Standard Bank Group lagged returns against current returns
Autocorrelation, which is Standard Bank pink sheet'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 Standard Bank's pink sheet expected returns. We can calculate the autocorrelation of Standard Bank returns to help us make a trade decision. For example, suppose you find that Standard Bank has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Standard 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 Standard Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Standard Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Standard Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Standard Bank Lagged Returns
When evaluating Standard Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Standard Bank pink sheet have on its future price. Standard 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, Standard Bank autocorrelation shows the relationship between Standard Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Standard Bank Group.
Regressed Prices |
| Timeline |
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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.Additional Tools for Standard Pink Sheet Analysis
When running Standard Bank's price analysis, check to measure Standard Bank'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 Standard Bank is operating at the current time. Most of Standard Bank's value examination focuses on studying past and present price action to predict the probability of Standard Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard Bank's price. Additionally, you may evaluate how the addition of Standard Bank to your portfolios can decrease your overall portfolio volatility.