Bridgewater Bancshares Depositary Preferred Stock Market Value
| BWBBP Preferred Stock | USD 18.60 0.10 0.54% |
| Symbol | Bridgewater |
Bridgewater Bancshares '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 Bridgewater Bancshares' 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 Bridgewater Bancshares.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Bridgewater Bancshares on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Bridgewater Bancshares Depositary or generate 0.0% return on investment in Bridgewater Bancshares over 720 days. Bridgewater Bancshares is related to or competes with CNB Financial, First Guaranty, Dime Community, Brighthouse Financial, and Fulton Financial. Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products an... More
Bridgewater Bancshares 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 Bridgewater Bancshares' 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 Bridgewater Bancshares Depositary upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.03 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 3.91 |
Bridgewater Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bridgewater Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bridgewater Bancshares' standard deviation. In reality, there are many statistical measures that can use Bridgewater Bancshares historical prices to predict the future Bridgewater Bancshares' volatility.| Risk Adjusted Performance | 0.0088 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.01) |
Bridgewater Bancshares Backtested Returns
Currently, Bridgewater Bancshares Depositary is not too volatile. Bridgewater Bancshares secures Sharpe Ratio (or Efficiency) of 0.0118, which signifies that the company had a 0.0118% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bridgewater Bancshares Depositary, which you can use to evaluate the volatility of the firm. Please confirm Bridgewater Bancshares' Risk Adjusted Performance of 0.0088, downside deviation of 1.86, and Mean Deviation of 1.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.023%. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bridgewater Bancshares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bridgewater Bancshares is expected to be smaller as well. Bridgewater Bancshares right now shows a risk of 1.96%. Please confirm Bridgewater Bancshares semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to decide if Bridgewater Bancshares will be following its price patterns.
Auto-correlation | -0.35 |
Poor reverse predictability
Bridgewater Bancshares Depositary has poor reverse predictability. Overlapping area represents the amount of predictability between Bridgewater Bancshares time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 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 Bridgewater Bancshares price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Bridgewater Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 1.29 |
Bridgewater Bancshares lagged returns against current returns
Autocorrelation, which is Bridgewater Bancshares 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 Bridgewater Bancshares' preferred stock expected returns. We can calculate the autocorrelation of Bridgewater Bancshares returns to help us make a trade decision. For example, suppose you find that Bridgewater Bancshares 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 |
Bridgewater Bancshares 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 Bridgewater Bancshares preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bridgewater Bancshares preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bridgewater Bancshares preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Bridgewater Bancshares Lagged Returns
When evaluating Bridgewater Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bridgewater Bancshares preferred stock have on its future price. Bridgewater Bancshares 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, Bridgewater Bancshares autocorrelation shows the relationship between Bridgewater Bancshares preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Bridgewater Bancshares Depositary.
Regressed Prices |
| Timeline |
Pair Trading with Bridgewater Bancshares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bridgewater Bancshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bridgewater Bancshares will appreciate offsetting losses from the drop in the long position's value.Moving against Bridgewater Preferred Stock
The ability to find closely correlated positions to Bridgewater Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgewater Bancshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bridgewater Bancshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bridgewater Bancshares Depositary to buy it.
The correlation of Bridgewater Bancshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bridgewater Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgewater Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bridgewater Bancshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bridgewater Preferred Stock Analysis
When running Bridgewater Bancshares' price analysis, check to measure Bridgewater Bancshares' 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 Bridgewater Bancshares is operating at the current time. Most of Bridgewater Bancshares' value examination focuses on studying past and present price action to predict the probability of Bridgewater Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgewater Bancshares' price. Additionally, you may evaluate how the addition of Bridgewater Bancshares to your portfolios can decrease your overall portfolio volatility.