Postal Savings Bank Stock Market Value

PSBKF Stock  USD 0.60  0.00  0.00%   
Postal Savings' market value is the price at which a share of Postal Savings trades on a public exchange. It measures the collective expectations of Postal Savings Bank investors about its performance. Postal Savings is trading at 0.6 as of the 11th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.6.
With this module, you can estimate the performance of a buy and hold strategy of Postal Savings Bank and determine expected loss or profit from investing in Postal Savings over a given investment horizon. Check out Postal Savings Correlation, Postal Savings Volatility and Postal Savings Alpha and Beta module to complement your research on Postal Savings.
Symbol

Please note, there is a significant difference between Postal Savings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Postal Savings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Postal Savings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Postal Savings '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 Postal Savings' 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 Postal Savings.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in Postal Savings on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Postal Savings Bank or generate 0.0% return on investment in Postal Savings over 30 days. Postal Savings is related to or competes with China Merchants, China Merchants, Community West, China Everbright, China Citic, and Bangkok Bank. Postal Savings Bank of China Co., Ltd., together with its subsidiaries, provides various banking products and services f... More

Postal Savings 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 Postal Savings' 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 Postal Savings Bank upside and downside potential and time the market with a certain degree of confidence.

Postal Savings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Postal Savings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Postal Savings' standard deviation. In reality, there are many statistical measures that can use Postal Savings historical prices to predict the future Postal Savings' volatility.
Hype
Prediction
LowEstimatedHigh
0.030.602.82
Details
Intrinsic
Valuation
LowRealHigh
0.020.492.71
Details
Naive
Forecast
LowNextHigh
0.010.582.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.600.600.60
Details

Postal Savings Bank Backtested Returns

Postal Savings appears to be extremely dangerous, given 3 months investment horizon. Postal Savings Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Postal Savings Bank, which you can use to evaluate the volatility of the company. Please evaluate Postal Savings' Variance of 4.72, risk adjusted performance of 0.0956, and Coefficient Of Variation of 812.4 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Postal Savings holds a performance score of 9. The company holds a Beta of -0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Postal Savings are expected to decrease at a much lower rate. During the bear market, Postal Savings is likely to outperform the market. Please check Postal Savings' standard deviation, as well as the relationship between the maximum drawdown and day median price , to make a quick decision on whether Postal Savings' historical price patterns will revert.

Auto-correlation

    
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No correlation between past and present

Postal Savings Bank has no correlation between past and present. Overlapping area represents the amount of predictability between Postal Savings time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Postal Savings Bank price movement. The serial correlation of 0.0 indicates that just 0.0% of current Postal Savings price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Postal Savings Bank lagged returns against current returns

Autocorrelation, which is Postal Savings 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 Postal Savings' pink sheet expected returns. We can calculate the autocorrelation of Postal Savings returns to help us make a trade decision. For example, suppose you find that Postal Savings 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  

Postal Savings 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 Postal Savings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Postal Savings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Postal Savings pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Postal Savings Lagged Returns

When evaluating Postal Savings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Postal Savings pink sheet have on its future price. Postal Savings 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, Postal Savings autocorrelation shows the relationship between Postal Savings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Postal Savings Bank.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Postal Pink Sheet

Postal Savings financial ratios help investors to determine whether Postal 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 Postal with respect to the benefits of owning Postal Savings security.