Alpine Banks Of Stock Market Value
| ALPIB Stock | USD 32.98 0.32 0.96% |
| Symbol | Alpine |
Alpine Banks '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 Alpine Banks' otc 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 Alpine Banks.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Alpine Banks on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Alpine Banks of or generate 0.0% return on investment in Alpine Banks over 60 days. Alpine Banks is related to or competes with PSB Holdings, United Overseas, and Turkiye Garanti. Alpine Banks of Colorado operates as the bank holding company for Alpine Bank that provides various banking products and... More
Alpine Banks 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 Alpine Banks' otc 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 Alpine Banks of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.0267 | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 2.04 |
Alpine Banks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpine Banks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpine Banks' standard deviation. In reality, there are many statistical measures that can use Alpine Banks historical prices to predict the future Alpine Banks' volatility.| Risk Adjusted Performance | 0.1144 | |||
| Jensen Alpha | 0.1903 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.016 | |||
| Treynor Ratio | (0.45) |
Alpine Banks Backtested Returns
At this point, Alpine Banks is very steady. Alpine Banks secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Alpine Banks of, which you can use to evaluate the volatility of the firm. Please confirm Alpine Banks' Mean Deviation of 0.5821, risk adjusted performance of 0.1144, and Downside Deviation of 1.84 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Alpine Banks has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Alpine Banks are expected to decrease at a much lower rate. During the bear market, Alpine Banks is likely to outperform the market. Alpine Banks right now shows a risk of 1.11%. Please confirm Alpine Banks total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Alpine Banks will be following its price patterns.
Auto-correlation | 0.61 |
Good predictability
Alpine Banks of has good predictability. Overlapping area represents the amount of predictability between Alpine Banks time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th of November 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 Alpine Banks price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Alpine Banks price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 2.05 |
Alpine Banks lagged returns against current returns
Autocorrelation, which is Alpine Banks otc 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 Alpine Banks' otc stock expected returns. We can calculate the autocorrelation of Alpine Banks returns to help us make a trade decision. For example, suppose you find that Alpine Banks has exhibited high autocorrelation historically, and you observe that the otc 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 |
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Alpine Banks 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 Alpine Banks otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpine Banks otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpine Banks otc stock over time.
Current vs Lagged Prices |
| Timeline |
Alpine Banks Lagged Returns
When evaluating Alpine Banks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpine Banks otc stock have on its future price. Alpine Banks 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, Alpine Banks autocorrelation shows the relationship between Alpine Banks otc stock current value and its past values and can show if there is a momentum factor associated with investing in Alpine Banks of.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Alpine OTC Stock
Alpine Banks financial ratios help investors to determine whether Alpine OTC Stock 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 Alpine with respect to the benefits of owning Alpine Banks security.