Bank Of San Stock Market Value
| BSFO Stock | USD 30.15 0.00 0.00% |
| Symbol | Bank |
Bank of San '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 Bank of San'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 Bank of San.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Bank of San on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Bank of San or generate 0.0% return on investment in Bank of San over 30 days. Bank of San is related to or competes with First Hawaiian, Central Pacific, Territorial Bancorp, Comerica, Bank of Hawaii, Lloyds Banking, and Zions Bancorporation. Bank of San Francisco provides various banking products and services to businesses, nonprofits, entrepreneurs, professio... More
Bank of San 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 Bank of San'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 Bank of San upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.06 | |||
| Potential Upside | 1.03 |
Bank of San Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of San's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank of San's standard deviation. In reality, there are many statistical measures that can use Bank of San historical prices to predict the future Bank of San's volatility.| Risk Adjusted Performance | 0.0791 | |||
| Jensen Alpha | 0.0362 | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.4511 |
Bank of San Backtested Returns
As of now, Bank OTC Stock is very steady. Bank of San secures Sharpe Ratio (or Efficiency) of 0.0673, which signifies that the company had a 0.0673% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Bank of San, which you can use to evaluate the volatility of the firm. Please confirm Bank of San's Standard Deviation of 0.5587, risk adjusted performance of 0.0791, and Mean Deviation of 0.2284 to double-check if the risk estimate we provide is consistent with the expected return of 0.0354%. Bank of San has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank of San's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of San is expected to be smaller as well. Bank of San right now shows a risk of 0.53%. Please confirm Bank of San variance and skewness , to decide if Bank of San will be following its price patterns.
Auto-correlation | 0.09 |
Virtually no predictability
Bank of San has virtually no predictability. Overlapping area represents the amount of predictability between Bank of San time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Bank of San price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Bank of San price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bank of San lagged returns against current returns
Autocorrelation, which is Bank of San 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 Bank of San's otc stock expected returns. We can calculate the autocorrelation of Bank of San returns to help us make a trade decision. For example, suppose you find that Bank of San 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 |
Bank of San 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 Bank of San otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank of San otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank of San otc stock over time.
Current vs Lagged Prices |
| Timeline |
Bank of San Lagged Returns
When evaluating Bank of San's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank of San otc stock have on its future price. Bank of San 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, Bank of San autocorrelation shows the relationship between Bank of San otc stock current value and its past values and can show if there is a momentum factor associated with investing in Bank of San.
Regressed Prices |
| Timeline |
Pair Trading with Bank of San
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 Bank of San 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 Bank of San will appreciate offsetting losses from the drop in the long position's value.Moving against Bank OTC Stock
| 0.66 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.64 | BNPQY | BNP Paribas SA | PairCorr |
| 0.54 | CVI | CVR Energy | PairCorr |
| 0.41 | BBAS3 | Banco do Brasil | PairCorr |
The ability to find closely correlated positions to Bank of San could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of San 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 Bank of San - 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 Bank of San to buy it.
The correlation of Bank of San 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 Bank of San moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of San 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 Bank of San 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.Other Information on Investing in Bank OTC Stock
Bank of San financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of San security.