Bank Ozk Preferred Preferred Stock Market Value
| OZKAP Preferred Stock | USD 17.64 0.40 2.32% |
| Symbol | Bank |
Bank Ozk '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 Ozk's preferred 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 Ozk.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Bank Ozk on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Ozk Preferred or generate 0.0% return on investment in Bank Ozk over 90 days. Bank Ozk is related to or competes with Capital One, Bank of America, KeyCorp, HUMANA, Barloworld, Morningstar Unconstrained, and High-yield Municipal. Bank OZK provides various retail and commercial banking services More
Bank Ozk 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 Ozk's preferred 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 Ozk Preferred upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.53 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 1.77 |
Bank Ozk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Ozk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Ozk's standard deviation. In reality, there are many statistical measures that can use Bank Ozk historical prices to predict the future Bank Ozk's volatility.| Risk Adjusted Performance | 0.0281 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0911 |
Bank Ozk Preferred Backtested Returns
Currently, Bank Ozk Preferred is very steady. Bank Ozk Preferred secures Sharpe Ratio (or Efficiency) of 0.0643, which signifies that the company had a 0.0643% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank Ozk Preferred, which you can use to evaluate the volatility of the firm. Please confirm Bank Ozk's Risk Adjusted Performance of 0.0281, downside deviation of 1.35, and Mean Deviation of 0.9373 to double-check if the risk estimate we provide is consistent with the expected return of 0.0745%. Bank Ozk has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bank Ozk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Ozk is expected to be smaller as well. Bank Ozk Preferred right now shows a risk of 1.16%. Please confirm Bank Ozk Preferred expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Bank Ozk Preferred will be following its price patterns.
Auto-correlation | -0.87 |
Excellent reverse predictability
Bank Ozk Preferred has excellent reverse predictability. Overlapping area represents the amount of predictability between Bank Ozk time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 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 Ozk Preferred price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Bank Ozk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Bank Ozk Preferred lagged returns against current returns
Autocorrelation, which is Bank Ozk preferred 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 Ozk's preferred stock expected returns. We can calculate the autocorrelation of Bank Ozk returns to help us make a trade decision. For example, suppose you find that Bank Ozk has exhibited high autocorrelation historically, and you observe that the preferred 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 Ozk 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 Ozk preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Ozk preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Ozk preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Ozk Lagged Returns
When evaluating Bank Ozk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Ozk preferred stock have on its future price. Bank Ozk 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 Ozk autocorrelation shows the relationship between Bank Ozk preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Ozk Preferred.
Regressed Prices |
| Timeline |
Pair Trading with Bank Ozk
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 Ozk 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 Ozk will appreciate offsetting losses from the drop in the long position's value.Moving against Bank Preferred Stock
| 0.44 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.4 | AX | Axos Financial | PairCorr |
| 0.39 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.34 | WABC | Westamerica Bancorporation Fiscal Year End 16th of January 2025 | PairCorr |
| 0.32 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
The ability to find closely correlated positions to Bank Ozk 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 Ozk 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 Ozk - 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 Ozk Preferred to buy it.
The correlation of Bank Ozk 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 Ozk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Ozk Preferred 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 Ozk 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 Bank Preferred Stock Analysis
When running Bank Ozk's price analysis, check to measure Bank Ozk'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 Bank Ozk is operating at the current time. Most of Bank Ozk's value examination focuses on studying past and present price action to predict the probability of Bank Ozk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Ozk's price. Additionally, you may evaluate how the addition of Bank Ozk to your portfolios can decrease your overall portfolio volatility.