Potomac Bancshares Stock Market Value
| PTBS Stock | USD 16.50 1.33 8.77% |
| Symbol | Potomac |
Potomac Bancshares '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 Potomac Bancshares' 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 Potomac Bancshares.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Potomac Bancshares on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Potomac Bancshares or generate 0.0% return on investment in Potomac Bancshares over 360 days. Potomac Bancshares is related to or competes with Apollo Bancorp, Farmers Bank, Community Bankers, CCSB Financial, Bank of Utica, Delhi Bank, and River Financial. Potomac Bancshares, Inc. operates as the bank holding company for Bank of Charles Town that provides various banking pro... More
Potomac Bancshares 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 Potomac Bancshares' 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 Potomac Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.0382 | |||
| Maximum Drawdown | 12.61 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.35 |
Potomac Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Potomac Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Potomac Bancshares' standard deviation. In reality, there are many statistical measures that can use Potomac Bancshares historical prices to predict the future Potomac Bancshares' volatility.| Risk Adjusted Performance | 0.0845 | |||
| Jensen Alpha | 0.1363 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0316 | |||
| Treynor Ratio | 0.3642 |
Potomac Bancshares Backtested Returns
Potomac Bancshares appears to be not too volatile, given 3 months investment horizon. Potomac Bancshares 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 twenty-nine technical indicators for Potomac Bancshares, which you can use to evaluate the volatility of the company. Please evaluate Potomac Bancshares' Semi Deviation of 1.67, coefficient of variation of 980.04, and Risk Adjusted Performance of 0.0845 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Potomac Bancshares holds a performance score of 9. The company holds a Beta of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Potomac Bancshares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Potomac Bancshares is expected to be smaller as well. Please check Potomac Bancshares' downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Potomac Bancshares' historical price patterns will revert.
Auto-correlation | 0.08 |
Virtually no predictability
Potomac Bancshares has virtually no predictability. Overlapping area represents the amount of predictability between Potomac Bancshares time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Potomac Bancshares price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Potomac Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Potomac Bancshares lagged returns against current returns
Autocorrelation, which is Potomac Bancshares 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 Potomac Bancshares' pink sheet expected returns. We can calculate the autocorrelation of Potomac Bancshares returns to help us make a trade decision. For example, suppose you find that Potomac Bancshares 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 |
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Potomac Bancshares 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 Potomac Bancshares pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Potomac Bancshares pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Potomac Bancshares pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Potomac Bancshares Lagged Returns
When evaluating Potomac Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Potomac Bancshares pink sheet have on its future price. Potomac Bancshares 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, Potomac Bancshares autocorrelation shows the relationship between Potomac Bancshares pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Potomac Bancshares.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Potomac Pink Sheet Analysis
When running Potomac Bancshares' price analysis, check to measure Potomac Bancshares' 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 Potomac Bancshares is operating at the current time. Most of Potomac Bancshares' value examination focuses on studying past and present price action to predict the probability of Potomac Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Potomac Bancshares' price. Additionally, you may evaluate how the addition of Potomac Bancshares to your portfolios can decrease your overall portfolio volatility.