STANBIC IBTC's market value is the price at which a share of STANBIC IBTC trades on a public exchange. It measures the collective expectations of STANBIC IBTC ETF investors about its performance. STANBIC IBTC is trading at 499.00 as of the 1st of August 2025, a 1.84% up since the beginning of the trading day. The etf's open price was 489.99. With this module, you can estimate the performance of a buy and hold strategy of STANBIC IBTC ETF and determine expected loss or profit from investing in STANBIC IBTC over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Symbol
STANBIC
STANBIC IBTC '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 STANBIC IBTC's etf 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 STANBIC IBTC.
0.00
05/03/2025
No Change 0.00
0.0
In 3 months and 1 day
08/01/2025
0.00
If you would invest 0.00 in STANBIC IBTC on May 3, 2025 and sell it all today you would earn a total of 0.00 from holding STANBIC IBTC ETF or generate 0.0% return on investment in STANBIC IBTC over 90 days.
STANBIC IBTC 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 STANBIC IBTC's etf 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 STANBIC IBTC ETF upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for STANBIC IBTC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STANBIC IBTC's standard deviation. In reality, there are many statistical measures that can use STANBIC IBTC historical prices to predict the future STANBIC IBTC's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as STANBIC IBTC. Your research has to be compared to or analyzed against STANBIC IBTC's peers to derive any actionable benefits. When done correctly, STANBIC IBTC'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 STANBIC IBTC ETF.
STANBIC IBTC ETF Backtested Returns
STANBIC IBTC appears to be very steady, given 3 months investment horizon. STANBIC IBTC ETF retains Efficiency (Sharpe Ratio) of 0.17, which indicates the etf had a 0.17 % return per unit of risk over the last 3 months. By inspecting STANBIC IBTC's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please review STANBIC IBTC's risk adjusted performance of 0.1414, and Downside Deviation of 5.64 to confirm if our risk estimates are consistent with your expectations. The entity owns a Beta (Systematic Risk) of 1.31, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, STANBIC IBTC will likely underperform.
Auto-correlation
-0.56
Good reverse predictability
STANBIC IBTC ETF has good reverse predictability. Overlapping area represents the amount of predictability between STANBIC IBTC time series from 3rd of May 2025 to 17th of June 2025 and 17th of June 2025 to 1st of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of STANBIC IBTC ETF price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current STANBIC IBTC price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.56
Spearman Rank Test
-0.13
Residual Average
0.0
Price Variance
4893.27
STANBIC IBTC ETF lagged returns against current returns
Autocorrelation, which is STANBIC IBTC etf'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 STANBIC IBTC's etf expected returns. We can calculate the autocorrelation of STANBIC IBTC returns to help us make a trade decision. For example, suppose you find that STANBIC IBTC has exhibited high autocorrelation historically, and you observe that the etf 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
STANBIC IBTC 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 STANBIC IBTC etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STANBIC IBTC etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STANBIC IBTC etf over time.
Current vs Lagged Prices
Timeline
STANBIC IBTC Lagged Returns
When evaluating STANBIC IBTC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STANBIC IBTC etf have on its future price. STANBIC IBTC 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, STANBIC IBTC autocorrelation shows the relationship between STANBIC IBTC etf current value and its past values and can show if there is a momentum factor associated with investing in STANBIC IBTC ETF.
Regressed Prices
Timeline
Also Currently Popular
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.