Ing Group Nv Stock Market Value

ING Stock  USD 16.49  0.23  1.41%   
ING Group's market value is the price at which a share of ING Group trades on a public exchange. It measures the collective expectations of ING Group NV investors about its performance. ING Group is trading at 16.49 as of the 29th of March 2024. This is a 1.41 percent up since the beginning of the trading day. The stock's lowest day price was 16.4.
With this module, you can estimate the performance of a buy and hold strategy of ING Group NV and determine expected loss or profit from investing in ING Group over a given investment horizon. Check out ING Group Correlation, ING Group Volatility and ING Group Alpha and Beta module to complement your research on ING Group.
Symbol

ING Group NV Price To Book Ratio

Is ING Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ING Group. If investors know ING will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ING Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Dividend Share
1.106
Earnings Share
2.21
Revenue Per Share
4.947
Quarterly Revenue Growth
(0.95)
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ING Group's market value can be influenced by many factors that don't directly affect ING Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

ING Group '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 ING Group'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 ING Group.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in ING Group on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding ING Group NV or generate 0.0% return on investment in ING Group over 30 days. ING Group is related to or competes with Disney, General Electric, McDonalds, International Business, HP, Boeing, and Verizon Communications. ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Ger... More

ING Group 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 ING Group'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 ING Group NV upside and downside potential and time the market with a certain degree of confidence.

ING Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ING Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ING Group's standard deviation. In reality, there are many statistical measures that can use ING Group historical prices to predict the future ING Group's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ING Group'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.
Hype
Prediction
LowEstimatedHigh
15.5916.4917.39
Details
Intrinsic
Valuation
LowRealHigh
14.8418.8319.73
Details
2 Analysts
Consensus
LowTargetHigh
17.0918.7820.85
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.530.530.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ING Group. Your research has to be compared to or analyzed against ING Group's peers to derive any actionable benefits. When done correctly, ING Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ING Group NV.

ING Group NV Backtested Returns

We consider ING Group very steady. ING Group NV holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ING Group NV, which you can use to evaluate the volatility of the firm. Please check out ING Group's Risk Adjusted Performance of 0.0675, market risk adjusted performance of 0.2482, and Semi Deviation of 1.43 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. ING Group has a performance score of 10 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.59, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, ING Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding ING Group is expected to be smaller as well. ING Group NV now retains a risk of 1.37%. Please check out ING Group jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if ING Group will be following its current trending patterns.

Auto-correlation

    
  0.96  

Excellent predictability

ING Group NV has excellent predictability. Overlapping area represents the amount of predictability between ING Group time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 ING Group NV price movement. The serial correlation of 0.96 indicates that 96.0% of current ING Group price fluctuation can be explain by its past prices.
Correlation Coefficient0.96
Spearman Rank Test0.98
Residual Average0.0
Price Variance0.12

ING Group NV lagged returns against current returns

Autocorrelation, which is ING Group 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 ING Group's stock expected returns. We can calculate the autocorrelation of ING Group returns to help us make a trade decision. For example, suppose you find that ING Group 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  

ING Group 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 ING Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ING Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ING Group stock over time.
   Current vs Lagged Prices   
       Timeline  

ING Group Lagged Returns

When evaluating ING Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ING Group stock have on its future price. ING Group 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, ING Group autocorrelation shows the relationship between ING Group stock current value and its past values and can show if there is a momentum factor associated with investing in ING Group NV.
   Regressed Prices   
       Timeline  

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When determining whether ING Group NV is a strong investment it is important to analyze ING Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ING Group's future performance. For an informed investment choice regarding ING Stock, refer to the following important reports:
Check out ING Group Correlation, ING Group Volatility and ING Group Alpha and Beta module to complement your research on ING Group.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for ING Stock analysis

When running ING Group's price analysis, check to measure ING Group'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 ING Group is operating at the current time. Most of ING Group's value examination focuses on studying past and present price action to predict the probability of ING Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ING Group's price. Additionally, you may evaluate how the addition of ING Group to your portfolios can decrease your overall portfolio volatility.
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ING Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ING Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ING Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...