Bank of Greece (Greece) Market Value
| TELL Stock | EUR 13.20 0.10 0.76% |
| Symbol | Bank |
Bank of Greece '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 of Greece'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 of Greece.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Bank of Greece on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Bank of Greece or generate 0.0% return on investment in Bank of Greece over 720 days. Bank of Greece is related to or competes with Profile Systems, Lampsa Hellenic, Hellenic Telecommunicatio, Interlife General, Eurobank Ergasias, National Bank, and Logismos Information. It participates in the formulation and implementation of the single monetary policy in the euro area manages part of the... More
Bank of Greece 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 of Greece'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 of Greece upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.89 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.48 |
Bank of Greece Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of Greece's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank of Greece's standard deviation. In reality, there are many statistical measures that can use Bank of Greece historical prices to predict the future Bank of Greece's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.3759 |
Bank of Greece Backtested Returns
Bank of Greece secures Sharpe Ratio (or Efficiency) of -0.0518, which signifies that the company had a -0.0518% return per unit of risk over the last 3 months. Bank of Greece exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank of Greece's Risk Adjusted Performance of (0.03), mean deviation of 0.5889, and Standard Deviation of 0.8474 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank of Greece are expected to decrease at a much lower rate. During the bear market, Bank of Greece is likely to outperform the market. At this point, Bank of Greece has a negative expected return of -0.0432%. Please make sure to confirm Bank of Greece's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Bank of Greece performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Bank of Greece has below average predictability. Overlapping area represents the amount of predictability between Bank of Greece 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 Bank of Greece price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Bank of Greece price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Bank of Greece lagged returns against current returns
Autocorrelation, which is Bank of Greece 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 of Greece's stock expected returns. We can calculate the autocorrelation of Bank of Greece returns to help us make a trade decision. For example, suppose you find that Bank of Greece 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 of Greece 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 of Greece stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank of Greece stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank of Greece stock over time.
Current vs Lagged Prices |
| Timeline |
Bank of Greece Lagged Returns
When evaluating Bank of Greece's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank of Greece stock have on its future price. Bank of Greece 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 of Greece autocorrelation shows the relationship between Bank of Greece stock current value and its past values and can show if there is a momentum factor associated with investing in Bank of Greece.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bank Stock Analysis
When running Bank of Greece's price analysis, check to measure Bank of Greece'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 of Greece is operating at the current time. Most of Bank of Greece's value examination focuses on studying past and present price action to predict the probability of Bank of Greece'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 of Greece's price. Additionally, you may evaluate how the addition of Bank of Greece to your portfolios can decrease your overall portfolio volatility.