Bank Of Botetourt Stock Market Value
| BORT Stock | USD 32.14 0.14 0.44% |
| Symbol | Bank |
Bank of Botetourt '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 Botetourt'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 of Botetourt.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Bank of Botetourt on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bank of Botetourt or generate 0.0% return on investment in Bank of Botetourt over 270 days. Bank of Botetourt is related to or competes with Century Financial, FS Bancorp, Lyons Bancorp, Solvay Bank, Eastern Michigan, Grand River, and QNB Corp. Bank of Botetourt provides various banking products and services in Virginia More
Bank of Botetourt 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 Botetourt'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 of Botetourt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.78 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.2 |
Bank of Botetourt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of Botetourt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank of Botetourt's standard deviation. In reality, there are many statistical measures that can use Bank of Botetourt historical prices to predict the future Bank of Botetourt's volatility.| Risk Adjusted Performance | 0.0588 | |||
| Jensen Alpha | 0.0324 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.3264 |
Bank of Botetourt Backtested Returns
Currently, Bank of Botetourt is very steady. Bank of Botetourt secures Sharpe Ratio (or Efficiency) of 0.0431, which signifies that the company had a 0.0431% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank of Botetourt, which you can use to evaluate the volatility of the firm. Please confirm Bank of Botetourt's Risk Adjusted Performance of 0.0588, mean deviation of 0.4859, and Downside Deviation of 1.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.0346%. Bank of Botetourt has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank of Botetourt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of Botetourt is expected to be smaller as well. Bank of Botetourt right now shows a risk of 0.8%. Please confirm Bank of Botetourt maximum drawdown, as well as the relationship between the skewness and price action indicator , to decide if Bank of Botetourt will be following its price patterns.
Auto-correlation | 0.63 |
Good predictability
Bank of Botetourt has good predictability. Overlapping area represents the amount of predictability between Bank of Botetourt time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Botetourt price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Bank of Botetourt price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
Bank of Botetourt lagged returns against current returns
Autocorrelation, which is Bank of Botetourt 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 of Botetourt's pink sheet expected returns. We can calculate the autocorrelation of Bank of Botetourt returns to help us make a trade decision. For example, suppose you find that Bank of Botetourt 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 of Botetourt 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 Botetourt pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank of Botetourt 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 of Botetourt pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bank of Botetourt Lagged Returns
When evaluating Bank of Botetourt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank of Botetourt pink sheet have on its future price. Bank of Botetourt 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 Botetourt autocorrelation shows the relationship between Bank of Botetourt pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bank of Botetourt.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bank Pink Sheet Analysis
When running Bank of Botetourt's price analysis, check to measure Bank of Botetourt's 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 Bank of Botetourt is operating at the current time. Most of Bank of Botetourt's value examination focuses on studying past and present price action to predict the probability of Bank of Botetourt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Botetourt's price. Additionally, you may evaluate how the addition of Bank of Botetourt to your portfolios can decrease your overall portfolio volatility.