American Business Bk Stock Market Value
AMBZ Stock | USD 44.50 0.01 0.02% |
Symbol | American |
American Business '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 American Business' 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 American Business.
08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in American Business on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding American Business Bk or generate 0.0% return on investment in American Business over 90 days. American Business is related to or competes with Private Bancorp, Avidbank Holdings, Century Next, American Riviera, Southern California, North Dallas, and Citizens Bancorp. American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized fi... More
American Business 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 American Business' 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 American Business Bk upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.8458 | |||
Information Ratio | 0.1988 | |||
Maximum Drawdown | 4.78 | |||
Value At Risk | (1.03) | |||
Potential Upside | 1.92 |
American Business Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Business' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Business' standard deviation. In reality, there are many statistical measures that can use American Business historical prices to predict the future American Business' volatility.Risk Adjusted Performance | 0.2528 | |||
Jensen Alpha | 0.2777 | |||
Total Risk Alpha | 0.1622 | |||
Sortino Ratio | 0.2382 | |||
Treynor Ratio | 0.8779 |
American Business Backtested Returns
American Business appears to be very steady, given 3 months investment horizon. American Business secures Sharpe Ratio (or Efficiency) of 0.32, which signifies that the company had a 0.32% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for American Business Bk, which you can use to evaluate the volatility of the firm. Please makes use of American Business' mean deviation of 0.6898, and Risk Adjusted Performance of 0.2528 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American Business holds a performance score of 25. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Business' returns are expected to increase less than the market. However, during the bear market, the loss of holding American Business is expected to be smaller as well. Please check American Business' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether American Business' price patterns will revert.
Auto-correlation | 0.87 |
Very good predictability
American Business Bk has very good predictability. Overlapping area represents the amount of predictability between American Business time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 American Business price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current American Business price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.87 | |
Spearman Rank Test | 0.88 | |
Residual Average | 0.0 | |
Price Variance | 4.45 |
American Business lagged returns against current returns
Autocorrelation, which is American Business 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 American Business' otc stock expected returns. We can calculate the autocorrelation of American Business returns to help us make a trade decision. For example, suppose you find that American Business 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 |
Timeline |
American Business 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 American Business otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Business otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Business otc stock over time.
Current vs Lagged Prices |
Timeline |
American Business Lagged Returns
When evaluating American Business' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Business otc stock have on its future price. American Business 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, American Business autocorrelation shows the relationship between American Business otc stock current value and its past values and can show if there is a momentum factor associated with investing in American Business Bk.
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.Additional Tools for American OTC Stock Analysis
When running American Business' price analysis, check to measure American Business' 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 American Business is operating at the current time. Most of American Business' value examination focuses on studying past and present price action to predict the probability of American Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Business' price. Additionally, you may evaluate how the addition of American Business to your portfolios can decrease your overall portfolio volatility.