CO OPERATIVE's market value is the price at which a share of CO OPERATIVE trades on a public exchange. It measures the collective expectations of CO OPERATIVE BANK OF investors about its performance. CO OPERATIVE is selling at 14.00 as of the 26th of November 2024; that is 0.36 percent decrease since the beginning of the trading day. The stock's open price was 14.05. With this module, you can estimate the performance of a buy and hold strategy of CO OPERATIVE BANK OF and determine expected loss or profit from investing in CO OPERATIVE over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
CBKL
CO OPERATIVE '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 CO OPERATIVE's 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 CO OPERATIVE.
0.00
10/27/2024
No Change 0.00
0.0
In 30 days
11/26/2024
0.00
If you would invest 0.00 in CO OPERATIVE on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding CO OPERATIVE BANK OF or generate 0.0% return on investment in CO OPERATIVE over 30 days.
CO OPERATIVE 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 CO OPERATIVE's 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 CO OPERATIVE BANK OF upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for CO OPERATIVE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CO OPERATIVE's standard deviation. In reality, there are many statistical measures that can use CO OPERATIVE historical prices to predict the future CO OPERATIVE's volatility.
As of now, CBKL Stock is very steady. CO OPERATIVE BANK retains Efficiency (Sharpe Ratio) of 0.0593, which signifies that the company had a 0.0593% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for CO OPERATIVE, which you can use to evaluate the volatility of the firm. Please confirm CO OPERATIVE's Coefficient Of Variation of 711.78, standard deviation of 0.8644, and Market Risk Adjusted Performance of 18.9 to double-check if the risk estimate we provide is consistent with the expected return of 0.0512%. CO OPERATIVE has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.0059, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CO OPERATIVE's returns are expected to increase less than the market. However, during the bear market, the loss of holding CO OPERATIVE is expected to be smaller as well. CO OPERATIVE BANK today owns a risk of 0.86%. Please confirm CO OPERATIVE BANK OF semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if CO OPERATIVE BANK OF will be following its current price history.
Auto-correlation
-0.64
Very good reverse predictability
CO OPERATIVE BANK OF has very good reverse predictability. Overlapping area represents the amount of predictability between CO OPERATIVE 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 CO OPERATIVE BANK price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current CO OPERATIVE price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.64
Spearman Rank Test
-0.49
Residual Average
0.0
Price Variance
0.05
CO OPERATIVE BANK lagged returns against current returns
Autocorrelation, which is CO OPERATIVE 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 CO OPERATIVE's stock expected returns. We can calculate the autocorrelation of CO OPERATIVE returns to help us make a trade decision. For example, suppose you find that CO OPERATIVE has exhibited high autocorrelation historically, and you observe that the 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
CO OPERATIVE 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 CO OPERATIVE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CO OPERATIVE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CO OPERATIVE stock over time.
Current vs Lagged Prices
Timeline
CO OPERATIVE Lagged Returns
When evaluating CO OPERATIVE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CO OPERATIVE stock have on its future price. CO OPERATIVE 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, CO OPERATIVE autocorrelation shows the relationship between CO OPERATIVE stock current value and its past values and can show if there is a momentum factor associated with investing in CO OPERATIVE BANK OF.