Citizens Bancorp Investment Stock Market Value
| CBTN Stock | USD 25.00 0.50 2.04% |
| Symbol | Citizens |
Citizens Bancorp '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 Citizens Bancorp's otc 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 Citizens Bancorp.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Citizens Bancorp on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Citizens Bancorp Investment or generate 0.0% return on investment in Citizens Bancorp over 180 days. Citizens Bancorp is related to or competes with PSB Holdings, and United Overseas. Citizens Bancorp Investment, Inc. provides various banking products and services in Tennessee More
Citizens Bancorp 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 Citizens Bancorp's otc 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 Citizens Bancorp Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.1 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.5 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.15 |
Citizens Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Citizens Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citizens Bancorp's standard deviation. In reality, there are many statistical measures that can use Citizens Bancorp historical prices to predict the future Citizens Bancorp's volatility.| Risk Adjusted Performance | 0.0179 | |||
| Jensen Alpha | 0.0043 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1519 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Citizens Bancorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Citizens Bancorp Inv Backtested Returns
As of now, Citizens OTC Stock is very steady. Citizens Bancorp Inv secures Sharpe Ratio (or Efficiency) of 0.0159, which signifies that the company had a 0.0159% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Citizens Bancorp Investment, which you can use to evaluate the volatility of the firm. Please confirm Citizens Bancorp's Risk Adjusted Performance of 0.0179, mean deviation of 0.7543, and Downside Deviation of 5.1 to double-check if the risk estimate we provide is consistent with the expected return of 0.031%. Citizens Bancorp has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Citizens Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Citizens Bancorp is expected to be smaller as well. Citizens Bancorp Inv right now shows a risk of 1.95%. Please confirm Citizens Bancorp Inv value at risk, as well as the relationship between the skewness and day typical price , to decide if Citizens Bancorp Inv will be following its price patterns.
Auto-correlation | 0.33 |
Below average predictability
Citizens Bancorp Investment has below average predictability. Overlapping area represents the amount of predictability between Citizens Bancorp time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 Citizens Bancorp Inv price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Citizens Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
Citizens Bancorp Inv lagged returns against current returns
Autocorrelation, which is Citizens Bancorp otc 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 Citizens Bancorp's otc stock expected returns. We can calculate the autocorrelation of Citizens Bancorp returns to help us make a trade decision. For example, suppose you find that Citizens Bancorp has exhibited high autocorrelation historically, and you observe that the otc 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 |
Citizens Bancorp 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 Citizens Bancorp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citizens Bancorp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Citizens Bancorp otc stock over time.
Current vs Lagged Prices |
| Timeline |
Citizens Bancorp Lagged Returns
When evaluating Citizens Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citizens Bancorp otc stock have on its future price. Citizens Bancorp 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, Citizens Bancorp autocorrelation shows the relationship between Citizens Bancorp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Citizens Bancorp Investment.
Regressed Prices |
| Timeline |
Pair Trading with Citizens Bancorp
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 Citizens Bancorp 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 Citizens Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving against Citizens OTC Stock
The ability to find closely correlated positions to Citizens Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citizens Bancorp 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 Citizens Bancorp - 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 Citizens Bancorp Investment to buy it.
The correlation of Citizens Bancorp 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 Citizens Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citizens Bancorp Inv 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 Citizens Bancorp 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.Other Information on Investing in Citizens OTC Stock
Citizens Bancorp financial ratios help investors to determine whether Citizens OTC 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 Citizens with respect to the benefits of owning Citizens Bancorp security.