Bank Of Idaho Stock Market Value
| BOID Stock | USD 33.35 0.10 0.30% |
| Symbol | Bank |
Bank of Idaho Holding '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 of Idaho Holding's 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 Bank of Idaho Holding.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Bank of Idaho Holding on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Bank of Idaho or generate 0.0% return on investment in Bank of Idaho Holding over 540 days. Bank of Idaho Holding is related to or competes with Washington Business, National Capital, Citizens Financial, Community Heritage, Lewis Clark, First Community, and North Dallas. Bank of Idaho Holding Company operates as the holding company for Bank of Idaho that provides personal and business bank... More
Bank of Idaho Holding 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 of Idaho Holding's 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 Bank of Idaho upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0165 | |||
| Maximum Drawdown | 6.38 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 1.54 |
Bank of Idaho Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of Idaho Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank of Idaho Holding's standard deviation. In reality, there are many statistical measures that can use Bank of Idaho Holding historical prices to predict the future Bank of Idaho Holding's volatility.| Risk Adjusted Performance | 0.1334 | |||
| Jensen Alpha | 0.1032 | |||
| Total Risk Alpha | 0.0083 | |||
| Treynor Ratio | 0.5861 |
Bank of Idaho Holding Backtested Returns
At this point, Bank of Idaho Holding is very steady. Bank of Idaho Holding secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Bank of Idaho, which you can use to evaluate the volatility of the firm. Please confirm Bank of Idaho Holding's Standard Deviation of 0.7982, mean deviation of 0.387, and Risk Adjusted Performance of 0.1334 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Bank of Idaho Holding has a performance score of 15 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank of Idaho Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of Idaho Holding is expected to be smaller as well. Bank of Idaho Holding right now shows a risk of 0.8%. Please confirm Bank of Idaho Holding maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Bank of Idaho Holding will be following its price patterns.
Auto-correlation | 0.55 |
Modest predictability
Bank of Idaho has modest predictability. Overlapping area represents the amount of predictability between Bank of Idaho Holding time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 of Idaho Holding price movement. The serial correlation of 0.55 indicates that about 55.0% of current Bank of Idaho Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 3.21 |
Bank of Idaho Holding lagged returns against current returns
Autocorrelation, which is Bank of Idaho Holding 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 Bank of Idaho Holding's otc stock expected returns. We can calculate the autocorrelation of Bank of Idaho Holding returns to help us make a trade decision. For example, suppose you find that Bank of Idaho Holding 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 |
Bank of Idaho Holding 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 of Idaho Holding otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank of Idaho Holding otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank of Idaho Holding otc stock over time.
Current vs Lagged Prices |
| Timeline |
Bank of Idaho Holding Lagged Returns
When evaluating Bank of Idaho Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank of Idaho Holding otc stock have on its future price. Bank of Idaho Holding 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 of Idaho Holding autocorrelation shows the relationship between Bank of Idaho Holding otc stock current value and its past values and can show if there is a momentum factor associated with investing in Bank of Idaho.
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 Bank OTC Stock
Bank of Idaho Holding financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of Idaho Holding security.