Bank Utica Ny Stock Market Value
| BKUTK Stock | USD 475.00 0.01 0% |
| Symbol | Bank |
Bank Utica '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 Bank Utica's 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 Bank Utica.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Bank Utica on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Utica Ny or generate 0.0% return on investment in Bank Utica over 30 days. Bank Utica is related to or competes with PSB Holdings, and United Overseas. Bank of Utica, together with its subsidiary, provides commercial banking products and services in Utica, New York More
Bank Utica 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 Bank Utica's 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 Bank Utica Ny upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.1554 | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 3.45 |
Bank Utica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Utica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Utica's standard deviation. In reality, there are many statistical measures that can use Bank Utica historical prices to predict the future Bank Utica's volatility.| Risk Adjusted Performance | 0.1849 | |||
| Jensen Alpha | 0.3548 | |||
| Total Risk Alpha | 0.1189 | |||
| Sortino Ratio | 0.118 | |||
| Treynor Ratio | 2.94 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Utica's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bank Utica Ny Backtested Returns
Bank Utica appears to be very steady, given 3 months investment horizon. Bank Utica Ny secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bank Utica Ny, which you can use to evaluate the volatility of the firm. Please makes use of Bank Utica's Risk Adjusted Performance of 0.1849, downside deviation of 2.13, and Mean Deviation of 1.11 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Utica holds a performance score of 15. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Utica's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Utica is expected to be smaller as well. Please check Bank Utica's treynor ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Bank Utica's price patterns will revert.
Auto-correlation | 0.05 |
Virtually no predictability
Bank Utica Ny has virtually no predictability. Overlapping area represents the amount of predictability between Bank Utica time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Bank Utica Ny price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Bank Utica price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 80.72 |
Bank Utica Ny lagged returns against current returns
Autocorrelation, which is Bank Utica 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 Bank Utica's pink sheet expected returns. We can calculate the autocorrelation of Bank Utica returns to help us make a trade decision. For example, suppose you find that Bank Utica 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 |
Bank Utica 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 Bank Utica pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Utica pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Utica pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bank Utica Lagged Returns
When evaluating Bank Utica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Utica pink sheet have on its future price. Bank Utica 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, Bank Utica autocorrelation shows the relationship between Bank Utica pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bank Utica Ny.
Regressed Prices |
| Timeline |
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Bank Utica financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank Utica security.