Foreign Trade Bank Stock Market Value
| BLX Stock | USD 29.59 0.03 0.10% |
| Symbol | Foreign |
Foreign Trade Bank Price To Book Ratio
Is Foreign Trade'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 Foreign Trade. If investors know Foreign 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 Foreign Trade 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 0.378 | Dividend Share 1.5 | Earnings Share 4.55 | Revenue Per Share 6.988 | Quarterly Revenue Growth 0.316 |
The market value of Foreign Trade Bank is measured differently than its book value, which is the value of Foreign that is recorded on the company's balance sheet. Investors also form their own opinion of Foreign Trade's value that differs from its market value or its book value, called intrinsic value, which is Foreign Trade'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 Foreign Trade's market value can be influenced by many factors that don't directly affect Foreign Trade'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 Foreign Trade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foreign Trade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foreign Trade'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.
Foreign Trade '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 Foreign Trade'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 Foreign Trade.
| 03/23/2024 |
| 04/22/2024 |
If you would invest 0.00 in Foreign Trade on March 23, 2024 and sell it all today you would earn a total of 0.00 from holding Foreign Trade Bank or generate 0.0% return on investment in Foreign Trade over 30 days. Foreign Trade is related to or competes with Consumer Portfolio, Atlanticus Holdings, Nelnet, Senmiao Technology, Enova International, Orix Corp, and World Acceptance. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean More
Foreign Trade 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 Foreign Trade'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 Foreign Trade Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.13 | |||
| Maximum Drawdown | 13.11 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 2.08 |
Foreign Trade Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foreign Trade's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foreign Trade's standard deviation. In reality, there are many statistical measures that can use Foreign Trade historical prices to predict the future Foreign Trade's volatility.| Risk Adjusted Performance | 0.1141 | |||
| Jensen Alpha | 0.2544 | |||
| Total Risk Alpha | 0.0883 | |||
| Sortino Ratio | 0.161 | |||
| Treynor Ratio | 0.3698 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foreign Trade'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.
Foreign Trade Bank Backtested Returns
Foreign Trade appears to be very steady, given 3 months investment horizon. Foreign Trade Bank secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Foreign Trade Bank, which you can use to evaluate the volatility of the firm. Please utilize Foreign Trade's Downside Deviation of 1.52, mean deviation of 1.11, and Coefficient Of Variation of 569.78 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Foreign Trade holds a performance score of 12. The firm shows a Beta (market volatility) of 0.86, which means possible diversification benefits within a given portfolio. Foreign Trade returns are very sensitive to returns on the market. As the market goes up or down, Foreign Trade is expected to follow. Please check Foreign Trade's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Foreign Trade's price patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Foreign Trade Bank has weak reverse predictability. Overlapping area represents the amount of predictability between Foreign Trade time series from 23rd of March 2024 to 7th of April 2024 and 7th of April 2024 to 22nd of April 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 Foreign Trade Bank price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Foreign Trade price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Foreign Trade Bank lagged returns against current returns
Autocorrelation, which is Foreign Trade 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 Foreign Trade's stock expected returns. We can calculate the autocorrelation of Foreign Trade returns to help us make a trade decision. For example, suppose you find that Foreign Trade 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 |
Foreign Trade 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 Foreign Trade stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foreign Trade stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foreign Trade stock over time.
Current vs Lagged Prices |
| Timeline |
Foreign Trade Lagged Returns
When evaluating Foreign Trade's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foreign Trade stock have on its future price. Foreign Trade 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, Foreign Trade autocorrelation shows the relationship between Foreign Trade stock current value and its past values and can show if there is a momentum factor associated with investing in Foreign Trade Bank.
Regressed Prices |
| Timeline |
Pair Trading with Foreign Trade
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Foreign Trade position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Foreign Trade will appreciate offsetting losses from the drop in the long position's value.Moving together with Foreign Stock
| 0.64 | DIST | Distoken Acquisition | PairCorr |
| 0.65 | AB | AllianceBernstein Earnings Call This Week | PairCorr |
Moving against Foreign Stock
| 0.81 | PX | P10 Inc Financial Report 20th of May 2024 | PairCorr |
| 0.53 | DHIL | Diamond Hill Investment | PairCorr |
| 0.52 | AC | Associated Capital | PairCorr |
| 0.45 | RC | Ready Capital Corp Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to Foreign Trade could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Foreign Trade when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Foreign Trade - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Foreign Trade Bank to buy it.
The correlation of Foreign Trade is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Foreign Trade moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Foreign Trade Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Foreign Trade can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Foreign Trade Correlation, Foreign Trade Volatility and Foreign Trade Alpha and Beta module to complement your research on Foreign Trade. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Foreign Stock analysis
When running Foreign Trade's price analysis, check to measure Foreign Trade'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 Foreign Trade is operating at the current time. Most of Foreign Trade's value examination focuses on studying past and present price action to predict the probability of Foreign Trade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foreign Trade's price. Additionally, you may evaluate how the addition of Foreign Trade to your portfolios can decrease your overall portfolio volatility.
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Foreign Trade 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.