Community Bancorp Stock Market Value
| CMTV Stock | USD 16.40 0.00 0.00% |
| Symbol | Community |
Community Bancorp '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 Community Bancorp'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 Community Bancorp.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Community Bancorp on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Community Bancorp or generate 0.0% return on investment in Community Bancorp over 30 days. Community Bancorp is related to or competes with Eastern Michigan, Commercial National, Mifflinburg Bancorp, Apollo Bancorp, Community Bankers, Farmers Bank, and Bank of Utica. Community Bancorp. operates as the bank holding company for Community National Bank that provides a range of retail bank... More
Community Bancorp 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 Community Bancorp'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 Community Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 14.15 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.47 |
Community Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Community Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Community Bancorp's standard deviation. In reality, there are many statistical measures that can use Community Bancorp historical prices to predict the future Community Bancorp's volatility.| Risk Adjusted Performance | 0.0233 | |||
| Jensen Alpha | 0.0192 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.24 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Community Bancorp'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.
Community Bancorp Backtested Returns
Community Bancorp secures Sharpe Ratio (or Efficiency) of -0.0208, which signifies that the company had a -0.0208% return per unit of risk over the last 3 months. Community Bancorp exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Community Bancorp's Risk Adjusted Performance of 0.0233, downside deviation of 2.51, and Mean Deviation of 1.27 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Community Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Community Bancorp is expected to be smaller as well. At this point, Community Bancorp has a negative expected return of -0.0373%. Please make sure to confirm Community Bancorp's treynor ratio, as well as the relationship between the expected short fall and relative strength index , to decide if Community Bancorp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Community Bancorp has modest reverse predictability. Overlapping area represents the amount of predictability between Community Bancorp time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Community Bancorp price movement. The serial correlation of -0.48 indicates that about 48.0% of current Community Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Community Bancorp lagged returns against current returns
Autocorrelation, which is Community Bancorp 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 Community Bancorp's otc stock expected returns. We can calculate the autocorrelation of Community Bancorp returns to help us make a trade decision. For example, suppose you find that Community Bancorp 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 |
Community Bancorp 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 Community Bancorp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Community Bancorp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Community Bancorp otc stock over time.
Current vs Lagged Prices |
| Timeline |
Community Bancorp Lagged Returns
When evaluating Community Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Community Bancorp otc stock have on its future price. Community Bancorp 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, Community Bancorp autocorrelation shows the relationship between Community Bancorp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Community Bancorp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Community OTC Stock Analysis
When running Community Bancorp's price analysis, check to measure Community Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Community Bancorp is operating at the current time. Most of Community Bancorp's value examination focuses on studying past and present price action to predict the probability of Community Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Bancorp's price. Additionally, you may evaluate how the addition of Community Bancorp to your portfolios can decrease your overall portfolio volatility.