BKS Bank (Austria) Market Value
| BKS Stock | EUR 16.10 0.15 0.94% |
| Symbol | BKS |
BKS 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 BKS Bank'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 BKS Bank.
| 04/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in BKS Bank on April 23, 2024 and sell it all today you would earn a total of 0.00 from holding BKS Bank AG or generate 0.0% return on investment in BKS Bank over 30 days. BKS Bank is related to or competes with RATH Aktiengesellscha, AT S, BAWAG Group, Semperit Aktiengesellscha, Telekom Austria, and Oesterr Post. BKS Bank AG, together with its subsidiaries, provides various banking products and services More
BKS 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 BKS Bank'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 BKS Bank AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 3.99 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.6211 |
BKS Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BKS Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BKS Bank's standard deviation. In reality, there are many statistical measures that can use BKS Bank historical prices to predict the future BKS Bank's volatility.| Risk Adjusted Performance | 0.0329 | |||
| Jensen Alpha | 0.0298 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BKS Bank'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.
BKS Bank AG Backtested Returns
We consider BKS Bank very steady. BKS Bank AG secures Sharpe Ratio (or Efficiency) of 0.0233, which signifies that the company had a 0.0233% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for BKS Bank AG, which you can use to evaluate the volatility of the firm. Please confirm BKS Bank's risk adjusted performance of 0.0329, and Mean Deviation of 0.2423 to double-check if the risk estimate we provide is consistent with the expected return of 0.0114%. BKS Bank has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BKS Bank are expected to decrease at a much lower rate. During the bear market, BKS Bank is likely to outperform the market. BKS Bank AG now shows a risk of 0.49%. Please confirm BKS Bank AG downside variance, and the relationship between the treynor ratio and kurtosis , to decide if BKS Bank AG will be following its price patterns.
Auto-correlation | -0.03 |
Very weak reverse predictability
BKS Bank AG has very weak reverse predictability. Overlapping area represents the amount of predictability between BKS Bank time series from 23rd of April 2024 to 8th of May 2024 and 8th of May 2024 to 23rd of May 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 BKS Bank AG price movement. The serial correlation of -0.03 indicates that only 3.0% of current BKS Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BKS Bank AG lagged returns against current returns
Autocorrelation, which is BKS Bank 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 BKS Bank's stock expected returns. We can calculate the autocorrelation of BKS Bank returns to help us make a trade decision. For example, suppose you find that BKS Bank 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 |
BKS 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 BKS Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BKS Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BKS Bank stock over time.
Current vs Lagged Prices |
| Timeline |
BKS Bank Lagged Returns
When evaluating BKS Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BKS Bank stock have on its future price. BKS 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, BKS Bank autocorrelation shows the relationship between BKS Bank stock current value and its past values and can show if there is a momentum factor associated with investing in BKS Bank AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out BKS Bank Correlation, BKS Bank Volatility and BKS Bank Alpha and Beta module to complement your research on BKS Bank. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for BKS Stock analysis
When running BKS Bank's price analysis, check to measure BKS 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 BKS Bank is operating at the current time. Most of BKS Bank's value examination focuses on studying past and present price action to predict the probability of BKS 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 BKS Bank's price. Additionally, you may evaluate how the addition of BKS Bank to your portfolios can decrease your overall portfolio volatility.
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BKS Bank 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.