Bankfirst Capital Stock Market Value
| BFCC Stock | USD 42.00 0.01 0.02% |
| Symbol | BankFirst |
BankFirst Capital '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 BankFirst Capital's otc 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 BankFirst Capital.
| 04/21/2024 |
| 12/17/2024 |
If you would invest 0.00 in BankFirst Capital on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding BankFirst Capital or generate 0.0% return on investment in BankFirst Capital over 240 days. BankFirst Capital is related to or competes with Morningstar Unconstrained, Bondbloxx ETF, Spring Valley, Bondbloxx ETF, First Physicians, CarMax, and SEI Investments. BankFirst Capital Corporation operates as the bank holding company for BankFirst Financial Services that provides bankin... More
BankFirst Capital 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 BankFirst Capital's otc 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 BankFirst Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.37 | |||
| Information Ratio | 0.1192 | |||
| Maximum Drawdown | 9.39 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 2.97 |
BankFirst Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BankFirst Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BankFirst Capital's standard deviation. In reality, there are many statistical measures that can use BankFirst Capital historical prices to predict the future BankFirst Capital's volatility.| Risk Adjusted Performance | 0.1332 | |||
| Jensen Alpha | 0.2523 | |||
| Total Risk Alpha | 0.0972 | |||
| Sortino Ratio | 0.0738 | |||
| Treynor Ratio | (8.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BankFirst Capital'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.
BankFirst Capital Backtested Returns
At this point, BankFirst Capital is very steady. BankFirst Capital secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BankFirst Capital, which you can use to evaluate the volatility of the firm. Please confirm BankFirst Capital's Risk Adjusted Performance of 0.1332, mean deviation of 0.827, and Downside Deviation of 2.37 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. BankFirst Capital has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0304, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BankFirst Capital are expected to decrease at a much lower rate. During the bear market, BankFirst Capital is likely to outperform the market. BankFirst Capital right now shows a risk of 1.45%. Please confirm BankFirst Capital jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if BankFirst Capital will be following its price patterns.
Auto-correlation | 0.80 |
Very good predictability
BankFirst Capital has very good predictability. Overlapping area represents the amount of predictability between BankFirst Capital time series from 21st of April 2024 to 19th of August 2024 and 19th of August 2024 to 17th of December 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 BankFirst Capital price movement. The serial correlation of 0.8 indicates that around 80.0% of current BankFirst Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 4.34 |
BankFirst Capital lagged returns against current returns
Autocorrelation, which is BankFirst Capital otc 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 BankFirst Capital's otc stock expected returns. We can calculate the autocorrelation of BankFirst Capital returns to help us make a trade decision. For example, suppose you find that BankFirst Capital has exhibited high autocorrelation historically, and you observe that the otc 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 |
BankFirst Capital 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 BankFirst Capital otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BankFirst Capital otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BankFirst Capital otc stock over time.
Current vs Lagged Prices |
| Timeline |
BankFirst Capital Lagged Returns
When evaluating BankFirst Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BankFirst Capital otc stock have on its future price. BankFirst Capital 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, BankFirst Capital autocorrelation shows the relationship between BankFirst Capital otc stock current value and its past values and can show if there is a momentum factor associated with investing in BankFirst Capital.
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.Other Information on Investing in BankFirst OTC Stock
BankFirst Capital financial ratios help investors to determine whether BankFirst OTC 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 BankFirst with respect to the benefits of owning BankFirst Capital security.