Cadence Bank Preferred Stock Market Value
| CADE-PA Preferred Stock | USD 21.04 0.16 0.75% |
| Symbol | Cadence |
Cadence Bank '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 Cadence Bank'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 Cadence Bank.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Cadence Bank on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Cadence Bank or generate 0.0% return on investment in Cadence Bank over 30 days. Cadence Bank is related to or competes with Bank of Hawaii, Associated Banc, Citizens Financial, CullenFrost Bankers, and Dime Community. Cadence Bank provides commercial banking and financial services in the United States More
Cadence Bank 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 Cadence Bank'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 Cadence Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.28 |
Cadence Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cadence Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cadence Bank's standard deviation. In reality, there are many statistical measures that can use Cadence Bank historical prices to predict the future Cadence Bank's volatility.| Risk Adjusted Performance | 0.0638 | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.3501 |
Cadence Bank Backtested Returns
At this point, Cadence Bank is very steady. Cadence Bank secures Sharpe Ratio (or Efficiency) of 0.0309, which signifies that the company had a 0.0309% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Cadence Bank, which you can use to evaluate the volatility of the firm. Please confirm Cadence Bank's risk adjusted performance of 0.0638, and Mean Deviation of 0.6472 to double-check if the risk estimate we provide is consistent with the expected return of 0.0267%. Cadence Bank 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, Cadence Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cadence Bank is expected to be smaller as well. Cadence Bank right now shows a risk of 0.87%. Please confirm Cadence Bank mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Cadence Bank will be following its price patterns.
Auto-correlation | 0.32 |
Below average predictability
Cadence Bank has below average predictability. Overlapping area represents the amount of predictability between Cadence Bank time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Cadence Bank price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Cadence Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Cadence Bank lagged returns against current returns
Autocorrelation, which is Cadence Bank 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 Cadence Bank's preferred stock expected returns. We can calculate the autocorrelation of Cadence Bank returns to help us make a trade decision. For example, suppose you find that Cadence Bank 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 |
Cadence Bank 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 Cadence Bank preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cadence Bank preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cadence Bank preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Cadence Bank Lagged Returns
When evaluating Cadence Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cadence Bank preferred stock have on its future price. Cadence Bank 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, Cadence Bank autocorrelation shows the relationship between Cadence Bank preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Cadence Bank.
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 Cadence Preferred Stock
Cadence Bank financial ratios help investors to determine whether Cadence 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 Cadence with respect to the benefits of owning Cadence Bank security.