Chino Commercial Bancorp Stock Market Value
| CCBC Stock | USD 13.50 0.30 2.27% |
| Symbol | Chino |
Chino Commercial '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 Chino Commercial'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 Chino Commercial.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Chino Commercial on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Chino Commercial Bancorp or generate 0.0% return on investment in Chino Commercial over 720 days. Chino Commercial is related to or competes with Pioneer Bankcorp, Summit Bancshares, Liberty Northwest, Coeur DAlene, First CommunityPFD, Glacier Bancorp, and Capitol Federal. Chino Commercial Bancorp operates as the bank holding company for Chino Commercial Bank, N.A More
Chino Commercial 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 Chino Commercial'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 Chino Commercial Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0178 | |||
| Maximum Drawdown | 9.89 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 2.13 |
Chino Commercial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chino Commercial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chino Commercial's standard deviation. In reality, there are many statistical measures that can use Chino Commercial historical prices to predict the future Chino Commercial's volatility.| Risk Adjusted Performance | 0.1018 | |||
| Jensen Alpha | 0.1599 | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.92) |
Chino Commercial Bancorp Backtested Returns
At this point, Chino Commercial is not too volatile. Chino Commercial Bancorp secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Chino Commercial Bancorp, which you can use to evaluate the volatility of the firm. Please confirm Chino Commercial's Mean Deviation of 0.5562, standard deviation of 1.18, and Risk Adjusted Performance of 0.1018 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Chino Commercial has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Chino Commercial are expected to decrease at a much lower rate. During the bear market, Chino Commercial is likely to outperform the market. Chino Commercial Bancorp right now shows a risk of 1.23%. Please confirm Chino Commercial Bancorp variance, treynor ratio, daily balance of power, as well as the relationship between the jensen alpha and skewness , to decide if Chino Commercial Bancorp will be following its price patterns.
Auto-correlation | -0.53 |
Good reverse predictability
Chino Commercial Bancorp has good reverse predictability. Overlapping area represents the amount of predictability between Chino Commercial time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 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 Chino Commercial Bancorp price movement. The serial correlation of -0.53 indicates that about 53.0% of current Chino Commercial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
Chino Commercial Bancorp lagged returns against current returns
Autocorrelation, which is Chino Commercial 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 Chino Commercial's pink sheet expected returns. We can calculate the autocorrelation of Chino Commercial returns to help us make a trade decision. For example, suppose you find that Chino Commercial 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 |
Chino Commercial 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 Chino Commercial pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chino Commercial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chino Commercial pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Chino Commercial Lagged Returns
When evaluating Chino Commercial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chino Commercial pink sheet have on its future price. Chino Commercial 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, Chino Commercial autocorrelation shows the relationship between Chino Commercial pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Chino Commercial Bancorp.
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 Chino Pink Sheet
Chino Commercial financial ratios help investors to determine whether Chino Pink Sheet 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 Chino with respect to the benefits of owning Chino Commercial security.