Chiba Bank's market value is the price at which a share of Chiba Bank trades on a public exchange. It measures the collective expectations of Chiba Bank investors about its performance. Chiba Bank is trading at 7.35 as of the 26th of November 2024. This is a 0.68 percent increase since the beginning of the trading day. The stock's lowest day price was 7.35. With this module, you can estimate the performance of a buy and hold strategy of Chiba Bank and determine expected loss or profit from investing in Chiba Bank over a given investment horizon. Check out Chiba Bank Correlation, Chiba Bank Volatility and Chiba Bank Alpha and Beta module to complement your research on Chiba Bank.
Please note, there is a significant difference between Chiba Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chiba Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chiba Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Chiba 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 Chiba Bank'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 Chiba Bank.
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 Chiba Bank on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Chiba Bank or generate 0.0% return on investment in Chiba Bank over 30 days. Chiba Bank is related to or competes with Apple, Apple, Apple, Microsoft, and Microsoft. More
Chiba 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 Chiba Bank'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 Chiba Bank 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 Chiba Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chiba Bank's standard deviation. In reality, there are many statistical measures that can use Chiba Bank historical prices to predict the future Chiba Bank's volatility.
Chiba Bank secures Sharpe Ratio (or Efficiency) of -3.0E-4, which signifies that the company had a -3.0E-4% return per unit of risk over the last 3 months. Chiba Bank exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chiba Bank's Risk Adjusted Performance of 0.0026, mean deviation of 1.52, and Standard Deviation of 2.05 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chiba Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chiba Bank is expected to be smaller as well. At this point, Chiba Bank has a negative expected return of -6.0E-4%. Please make sure to confirm Chiba Bank's maximum drawdown, daily balance of power, and the relationship between the total risk alpha and skewness , to decide if Chiba Bank performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.16
Insignificant reverse predictability
Chiba Bank has insignificant reverse predictability. Overlapping area represents the amount of predictability between Chiba Bank 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 Chiba Bank price movement. The serial correlation of -0.16 indicates that over 16.0% of current Chiba Bank price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.16
Spearman Rank Test
0.17
Residual Average
0.0
Price Variance
0.01
Chiba Bank lagged returns against current returns
Autocorrelation, which is Chiba Bank 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 Chiba Bank's stock expected returns. We can calculate the autocorrelation of Chiba Bank returns to help us make a trade decision. For example, suppose you find that Chiba Bank 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
Chiba 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 Chiba Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chiba Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chiba Bank stock over time.
Current vs Lagged Prices
Timeline
Chiba Bank Lagged Returns
When evaluating Chiba Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chiba Bank stock have on its future price. Chiba 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, Chiba Bank autocorrelation shows the relationship between Chiba Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Chiba Bank.
Chiba Bank financial ratios help investors to determine whether Chiba 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 Chiba with respect to the benefits of owning Chiba Bank security.