Commencement Bancorp Stock Market Value
| CBWA Stock | USD 12.65 0.05 0.39% |
| Symbol | Commencement |
Commencement 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 Commencement 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 Commencement Bancorp.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in Commencement Bancorp on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding Commencement Bancorp or generate 0.0% return on investment in Commencement Bancorp over 30 days. Commencement Bancorp is related to or competes with Summit Bank, Pacific West, Savi Financial, MNB Holdings, and Oregon Bancorp. Commencement Bancorp Inc. operates as a bank holding company for Commencement Bank that provides various banking product... More
Commencement 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 Commencement 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 Commencement Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8887 | |||
| Information Ratio | 0.2376 | |||
| Maximum Drawdown | 5.72 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 2.04 |
Commencement Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commencement Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commencement Bancorp's standard deviation. In reality, there are many statistical measures that can use Commencement Bancorp historical prices to predict the future Commencement Bancorp's volatility.| Risk Adjusted Performance | 0.2142 | |||
| Jensen Alpha | 0.2407 | |||
| Total Risk Alpha | 0.2205 | |||
| Sortino Ratio | 0.2517 | |||
| Treynor Ratio | 8.01 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Commencement 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.
Commencement Bancorp Backtested Returns
Commencement Bancorp appears to be very steady, given 3 months investment horizon. Commencement Bancorp secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Commencement Bancorp, which you can use to evaluate the volatility of the firm. Please makes use of Commencement Bancorp's Coefficient Of Variation of 374.72, risk adjusted performance of 0.2142, and Mean Deviation of 0.5573 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Commencement Bancorp holds a performance score of 24. The firm shows a Beta (market volatility) of 0.0301, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Commencement Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Commencement Bancorp is expected to be smaller as well. Please check Commencement Bancorp's downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Commencement Bancorp's price patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Commencement Bancorp has poor reverse predictability. Overlapping area represents the amount of predictability between Commencement Bancorp time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Commencement Bancorp price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Commencement Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Commencement Bancorp lagged returns against current returns
Autocorrelation, which is Commencement 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 Commencement Bancorp's otc stock expected returns. We can calculate the autocorrelation of Commencement Bancorp returns to help us make a trade decision. For example, suppose you find that Commencement 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 |
Commencement 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 Commencement Bancorp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Commencement 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 Commencement Bancorp otc stock over time.
Current vs Lagged Prices |
| Timeline |
Commencement Bancorp Lagged Returns
When evaluating Commencement Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Commencement Bancorp otc stock have on its future price. Commencement 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, Commencement Bancorp autocorrelation shows the relationship between Commencement Bancorp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Commencement Bancorp.
Regressed Prices |
| Timeline |
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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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Commencement OTC Stock
Commencement Bancorp financial ratios help investors to determine whether Commencement 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 Commencement with respect to the benefits of owning Commencement Bancorp security.