Wiener Privatbank (Austria) Market Value
| WPB Stock | EUR 7.65 0.00 0.00% |
| Symbol | Wiener |
Wiener Privatbank '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 Wiener Privatbank'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 Wiener Privatbank.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Wiener Privatbank on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Wiener Privatbank SE or generate 0.0% return on investment in Wiener Privatbank over 180 days. Wiener Privatbank is related to or competes with Vienna Insurance, AGRANA Beteiligungs, Voestalpine, BKS Bank, and Mayr Melnhof. Wiener Privatbank SE provides various financial products and services to family offices, private investors, institutions... More
Wiener Privatbank 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 Wiener Privatbank'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 Wiener Privatbank SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.3 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 1.39 |
Wiener Privatbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wiener Privatbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wiener Privatbank's standard deviation. In reality, there are many statistical measures that can use Wiener Privatbank historical prices to predict the future Wiener Privatbank's volatility.| Risk Adjusted Performance | 0.1222 | |||
| Jensen Alpha | 0.1129 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (1.85) |
Wiener Privatbank Backtested Returns
Wiener Privatbank is very steady at the moment. Wiener Privatbank shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Wiener Privatbank, which you can use to evaluate the volatility of the company. Please check out Wiener Privatbank's Mean Deviation of 0.3734, market risk adjusted performance of (1.84), and Downside Deviation of 1.17 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Wiener Privatbank has a performance score of 11 on a scale of 0 to 100. The firm maintains a market beta of -0.0571, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wiener Privatbank are expected to decrease at a much lower rate. During the bear market, Wiener Privatbank is likely to outperform the market. Wiener Privatbank right now maintains a risk of 0.72%. Please check out Wiener Privatbank value at risk, and the relationship between the total risk alpha and expected short fall , to decide if Wiener Privatbank will be following its historical returns.
Auto-correlation | -0.45 |
Modest reverse predictability
Wiener Privatbank SE has modest reverse predictability. Overlapping area represents the amount of predictability between Wiener Privatbank time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Wiener Privatbank price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Wiener Privatbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Wiener Privatbank lagged returns against current returns
Autocorrelation, which is Wiener Privatbank 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 Wiener Privatbank's stock expected returns. We can calculate the autocorrelation of Wiener Privatbank returns to help us make a trade decision. For example, suppose you find that Wiener Privatbank 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 |
Wiener Privatbank 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 Wiener Privatbank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wiener Privatbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wiener Privatbank stock over time.
Current vs Lagged Prices |
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Wiener Privatbank Lagged Returns
When evaluating Wiener Privatbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wiener Privatbank stock have on its future price. Wiener Privatbank 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, Wiener Privatbank autocorrelation shows the relationship between Wiener Privatbank stock current value and its past values and can show if there is a momentum factor associated with investing in Wiener Privatbank SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Wiener Stock
Wiener Privatbank financial ratios help investors to determine whether Wiener 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 Wiener with respect to the benefits of owning Wiener Privatbank security.