Farmers Bancorp Stock Market Value
| FABP Stock | USD 38.48 0.48 1.26% |
| Symbol | Farmers |
Farmers 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 Farmers Bancorp'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 Farmers Bancorp.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in Farmers Bancorp on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Farmers Bancorp or generate 0.0% return on investment in Farmers Bancorp over 390 days. Farmers Bancorp is related to or competes with Banco Bradesco, Itau Unibanco, Lloyds Banking, Deutsche Bank, and Banco Santander. Farmers Bancorp operates as the holding company of The Farmers Bank that provides a range of banking products and servic... More
Farmers 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 Farmers Bancorp'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 Farmers Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.1386 | |||
| Maximum Drawdown | 6.83 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 2.71 |
Farmers Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Farmers Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Farmers Bancorp's standard deviation. In reality, there are many statistical measures that can use Farmers Bancorp historical prices to predict the future Farmers Bancorp's volatility.| Risk Adjusted Performance | 0.1332 | |||
| Jensen Alpha | 0.2007 | |||
| Total Risk Alpha | 0.1672 | |||
| Sortino Ratio | 0.1607 | |||
| Treynor Ratio | 1.39 |
Farmers Bancorp Backtested Returns
Farmers Bancorp appears to be very steady, given 3 months investment horizon. Farmers Bancorp secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Farmers Bancorp, which you can use to evaluate the volatility of the firm. Please utilize Farmers Bancorp's Downside Deviation of 1.13, mean deviation of 0.763, and Coefficient Of Variation of 613.12 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Farmers Bancorp holds a performance score of 14. The firm shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Farmers Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Farmers Bancorp is expected to be smaller as well. Please check Farmers Bancorp's semi variance, and the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Farmers Bancorp's price patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Farmers Bancorp has weak reverse predictability. Overlapping area represents the amount of predictability between Farmers Bancorp time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 Farmers Bancorp price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Farmers Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 2.35 |
Farmers Bancorp lagged returns against current returns
Autocorrelation, which is Farmers Bancorp 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 Farmers Bancorp's pink sheet expected returns. We can calculate the autocorrelation of Farmers Bancorp returns to help us make a trade decision. For example, suppose you find that Farmers Bancorp 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 |
Farmers 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 Farmers Bancorp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Farmers Bancorp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Farmers Bancorp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Farmers Bancorp Lagged Returns
When evaluating Farmers Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Farmers Bancorp pink sheet have on its future price. Farmers 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, Farmers Bancorp autocorrelation shows the relationship between Farmers Bancorp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Farmers Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with Farmers Bancorp
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 Farmers Bancorp 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 Farmers Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Farmers Pink Sheet
| 0.61 | HDB | HDFC Bank Limited Sell-off Trend | PairCorr |
Moving against Farmers Pink Sheet
| 0.92 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.84 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.81 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.78 | BNPQF | BNP Paribas SA | PairCorr |
| 0.78 | BKRKY | Bank Rakyat | PairCorr |
The ability to find closely correlated positions to Farmers Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Farmers Bancorp 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 Farmers Bancorp - 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 Farmers Bancorp to buy it.
The correlation of Farmers Bancorp 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 Farmers Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Farmers Bancorp 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 Farmers Bancorp 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.Additional Tools for Farmers Pink Sheet Analysis
When running Farmers Bancorp's price analysis, check to measure Farmers 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 Farmers Bancorp is operating at the current time. Most of Farmers Bancorp's value examination focuses on studying past and present price action to predict the probability of Farmers 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 Farmers Bancorp's price. Additionally, you may evaluate how the addition of Farmers Bancorp to your portfolios can decrease your overall portfolio volatility.