Bankinter (Spain) Market Value
| BKT Stock | EUR 7.70 0.11 1.45% |
| Symbol | Bankinter |
Bankinter '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 Bankinter'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 Bankinter.
| 08/06/2024 |
| 10/05/2024 |
If you would invest 0.00 in Bankinter on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding Bankinter or generate 0.0% return on investment in Bankinter over 60 days. Bankinter is related to or competes with Banco De, Banco Santander, Repsol. Bankinter, S.A. provides various banking products and services to individuals and corporate customers, and small- and me... More
Bankinter 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 Bankinter'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 Bankinter upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.24 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.25 |
Bankinter Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bankinter's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bankinter's standard deviation. In reality, there are many statistical measures that can use Bankinter historical prices to predict the future Bankinter's volatility.| Risk Adjusted Performance | 0.0172 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0253 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bankinter'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.
Bankinter Backtested Returns
At this point, Bankinter is not too volatile. Bankinter secures Sharpe Ratio (or Efficiency) of 0.0231, which signifies that the company had a 0.0231% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bankinter, which you can use to evaluate the volatility of the firm. Please confirm Bankinter's Mean Deviation of 1.0, downside deviation of 1.8, and Risk Adjusted Performance of 0.0172 to double-check if the risk estimate we provide is consistent with the expected return of 0.0355%. Bankinter has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bankinter's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bankinter is expected to be smaller as well. Bankinter right now shows a risk of 1.54%. Please confirm Bankinter total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Bankinter will be following its price patterns.
Auto-correlation | -0.46 |
Modest reverse predictability
Bankinter has modest reverse predictability. Overlapping area represents the amount of predictability between Bankinter time series from 6th of August 2024 to 5th of September 2024 and 5th of September 2024 to 5th of October 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 Bankinter price movement. The serial correlation of -0.46 indicates that about 46.0% of current Bankinter price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Bankinter lagged returns against current returns
Autocorrelation, which is Bankinter 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 Bankinter's stock expected returns. We can calculate the autocorrelation of Bankinter returns to help us make a trade decision. For example, suppose you find that Bankinter 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 |
Bankinter 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 Bankinter stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bankinter stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bankinter stock over time.
Current vs Lagged Prices |
| Timeline |
Bankinter Lagged Returns
When evaluating Bankinter's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bankinter stock have on its future price. Bankinter 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, Bankinter autocorrelation shows the relationship between Bankinter stock current value and its past values and can show if there is a momentum factor associated with investing in Bankinter.
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.Other Information on Investing in Bankinter Stock
Bankinter financial ratios help investors to determine whether Bankinter 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 Bankinter with respect to the benefits of owning Bankinter security.