Pioneer Bankshares Stock Market Value
| PNBI Stock | USD 27.00 0.40 1.46% |
| Symbol | Pioneer |
Pioneer Bankshares '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 Pioneer Bankshares' 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 Pioneer Bankshares.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Pioneer Bankshares on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Pioneer Bankshares or generate 0.0% return on investment in Pioneer Bankshares over 30 days. Pioneer Bankshares is related to or competes with Morningstar Unconstrained, Bondbloxx ETF, Spring Valley, Bondbloxx ETF, First Physicians, CarMax, and SEI Investments. Pioneer Bankshares, Inc. operates as the bank holding company for Pioneer Bank, Inc More
Pioneer Bankshares 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 Pioneer Bankshares' 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 Pioneer Bankshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.1584 | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 3.13 |
Pioneer Bankshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Bankshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Bankshares' standard deviation. In reality, there are many statistical measures that can use Pioneer Bankshares historical prices to predict the future Pioneer Bankshares' volatility.| Risk Adjusted Performance | 0.1461 | |||
| Jensen Alpha | 0.265 | |||
| Total Risk Alpha | 0.2194 | |||
| Sortino Ratio | 0.1133 | |||
| Treynor Ratio | (0.50) |
Pioneer Bankshares Backtested Returns
Pioneer Bankshares appears to be very steady, given 3 months investment horizon. Pioneer Bankshares maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pioneer Bankshares, which you can use to evaluate the volatility of the company. Please evaluate Pioneer Bankshares' Risk Adjusted Performance of 0.1461, coefficient of variation of 562.14, and Semi Deviation of 0.6617 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pioneer Bankshares holds a performance score of 15. The company holds a Beta of -0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pioneer Bankshares are expected to decrease at a much lower rate. During the bear market, Pioneer Bankshares is likely to outperform the market. Please check Pioneer Bankshares' semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Pioneer Bankshares' historical price patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Pioneer Bankshares has very good reverse predictability. Overlapping area represents the amount of predictability between Pioneer Bankshares time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Pioneer Bankshares price movement. The serial correlation of -0.69 indicates that around 69.0% of current Pioneer Bankshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.84 |
Pioneer Bankshares lagged returns against current returns
Autocorrelation, which is Pioneer Bankshares 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 Pioneer Bankshares' pink sheet expected returns. We can calculate the autocorrelation of Pioneer Bankshares returns to help us make a trade decision. For example, suppose you find that Pioneer Bankshares 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 |
Pioneer Bankshares 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 Pioneer Bankshares pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneer Bankshares pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pioneer Bankshares pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Pioneer Bankshares Lagged Returns
When evaluating Pioneer Bankshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneer Bankshares pink sheet have on its future price. Pioneer Bankshares 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, Pioneer Bankshares autocorrelation shows the relationship between Pioneer Bankshares pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Pioneer Bankshares.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Pioneer Pink Sheet
Pioneer Bankshares financial ratios help investors to determine whether Pioneer 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 Pioneer with respect to the benefits of owning Pioneer Bankshares security.