Associated Banc Corp Preferred Stock Market Value
| ASB-PE Preferred Stock | USD 22.40 0.10 0.44% |
| Symbol | Associated |
Associated Banc '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 Associated Banc's preferred 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 Associated Banc.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Associated Banc on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Associated Banc Corp or generate 0.0% return on investment in Associated Banc over 30 days. Associated Banc is related to or competes with Andover Bancorp, Aozora Bank, and Absa Group. Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and busine... More
Associated Banc 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 Associated Banc's preferred 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 Associated Banc Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8091 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 4.24 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.31 |
Associated Banc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Associated Banc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Associated Banc's standard deviation. In reality, there are many statistical measures that can use Associated Banc historical prices to predict the future Associated Banc's volatility.| Risk Adjusted Performance | 0.0488 | |||
| Jensen Alpha | 0.0197 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.2272 |
Associated Banc Corp Backtested Returns
At this point, Associated Banc is very steady. Associated Banc Corp secures Sharpe Ratio (or Efficiency) of 0.038, which signifies that the company had a 0.038% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Associated Banc Corp, which you can use to evaluate the volatility of the firm. Please confirm Associated Banc's Risk Adjusted Performance of 0.0488, downside deviation of 0.8091, and Mean Deviation of 0.6546 to double-check if the risk estimate we provide is consistent with the expected return of 0.0316%. Associated Banc has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Associated Banc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Associated Banc is expected to be smaller as well. Associated Banc Corp right now shows a risk of 0.83%. Please confirm Associated Banc Corp value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Associated Banc Corp will be following its price patterns.
Auto-correlation | 0.48 |
Average predictability
Associated Banc Corp has average predictability. Overlapping area represents the amount of predictability between Associated Banc time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Associated Banc Corp price movement. The serial correlation of 0.48 indicates that about 48.0% of current Associated Banc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Associated Banc Corp lagged returns against current returns
Autocorrelation, which is Associated Banc preferred 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 Associated Banc's preferred stock expected returns. We can calculate the autocorrelation of Associated Banc returns to help us make a trade decision. For example, suppose you find that Associated Banc has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Associated Banc 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 Associated Banc preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Associated Banc preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Associated Banc preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Associated Banc Lagged Returns
When evaluating Associated Banc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Associated Banc preferred stock have on its future price. Associated Banc 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, Associated Banc autocorrelation shows the relationship between Associated Banc preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Associated Banc Corp.
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 Associated Preferred Stock
Associated Banc financial ratios help investors to determine whether Associated Preferred 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 Associated with respect to the benefits of owning Associated Banc security.