Ing Groep Nv Stock Market Value

INGVF Stock  USD 16.05  0.30  1.90%   
ING Groep's market value is the price at which a share of ING Groep trades on a public exchange. It measures the collective expectations of ING Groep NV investors about its performance. ING Groep is trading at 16.05 as of the 28th of March 2024. This is a 1.90 percent up since the beginning of the trading day. The stock's lowest day price was 16.05.
With this module, you can estimate the performance of a buy and hold strategy of ING Groep NV and determine expected loss or profit from investing in ING Groep over a given investment horizon. Check out ING Groep Correlation, ING Groep Volatility and ING Groep Alpha and Beta module to complement your research on ING Groep.
Symbol

Please note, there is a significant difference between ING Groep's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Groep is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Groep'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 Groep '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 Groep's pink sheet 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 Groep.
0.00
03/04/2023
No Change 0.00  0.0 
In 1 year and 26 days
03/28/2024
0.00
If you would invest  0.00  in ING Groep on March 4, 2023 and sell it all today you would earn a total of 0.00 from holding ING Groep NV or generate 0.0% return on investment in ING Groep over 390 days. ING Groep is related to or competes with JPMorgan Chase, Bank of America, Bank Of America, Bank Of America, Wells Fargo, Wells Fargo, and Palantir TechnologiesInc. ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Ger... More

ING Groep 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 Groep's pink sheet 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 Groep NV upside and downside potential and time the market with a certain degree of confidence.

ING Groep Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ING Groep's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ING Groep's standard deviation. In reality, there are many statistical measures that can use ING Groep historical prices to predict the future ING Groep'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 Groep'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
14.3416.0517.76
Details
Intrinsic
Valuation
LowRealHigh
11.1312.8417.66
Details
Naive
Forecast
LowNextHigh
14.1215.8317.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.6715.9516.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ING Groep. Your research has to be compared to or analyzed against ING Groep's peers to derive any actionable benefits. When done correctly, ING Groep'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 Groep NV.

ING Groep NV Backtested Returns

We consider ING Groep not too volatile. ING Groep NV holds Efficiency (Sharpe) Ratio of 0.0701, which attests that the entity had a 0.0701% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ING Groep NV, which you can use to evaluate the volatility of the firm. Please check out ING Groep's Semi Deviation of 1.07, market risk adjusted performance of 1.57, and Risk Adjusted Performance of 0.0475 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. ING Groep has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0709, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ING Groep's returns are expected to increase less than the market. However, during the bear market, the loss of holding ING Groep is expected to be smaller as well. ING Groep NV now retains a risk of 1.71%. Please check out ING Groep jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to decide if ING Groep will be following its current trending patterns.

Auto-correlation

    
  0.31  

Below average predictability

ING Groep NV has below average predictability. Overlapping area represents the amount of predictability between ING Groep time series from 4th of March 2023 to 15th of September 2023 and 15th of September 2023 to 28th 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 Groep NV price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current ING Groep price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test0.38
Residual Average0.0
Price Variance0.71

ING Groep NV lagged returns against current returns

Autocorrelation, which is ING Groep pink sheet'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 Groep's pink sheet expected returns. We can calculate the autocorrelation of ING Groep returns to help us make a trade decision. For example, suppose you find that ING Groep has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Groep 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 Groep pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ING Groep pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ING Groep pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

ING Groep Lagged Returns

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

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Check out ING Groep Correlation, ING Groep Volatility and ING Groep Alpha and Beta module to complement your research on ING Groep.
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ING Groep technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of ING Groep technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ING Groep 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...