Coeur Dalene Bancorp Stock Market Value
| CDAB Stock | USD 16.75 0.00 0.00% |
| Symbol | Coeur |
Coeur DAlene '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 Coeur DAlene's pink sheet 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 Coeur DAlene.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Coeur DAlene on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Coeur dAlene Bancorp or generate 0.0% return on investment in Coeur DAlene over 30 days. Coeur DAlene is related to or competes with Israel Discount, Baraboo Bancorporation, Danske Bank, Jyske Bank, and Absa Group. Coeur dAlene Bancorp, Inc. operates as the holding company for bankcda that provides various banking products and servic... More
Coeur DAlene 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 Coeur DAlene's pink sheet 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 Coeur dAlene Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0304 | |||
| Maximum Drawdown | 8.33 | |||
| Potential Upside | 3.33 |
Coeur DAlene Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coeur DAlene's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coeur DAlene's standard deviation. In reality, there are many statistical measures that can use Coeur DAlene historical prices to predict the future Coeur DAlene's volatility.| Risk Adjusted Performance | 0.0885 | |||
| Jensen Alpha | 0.1537 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 1.19 |
Coeur dAlene Bancorp Backtested Returns
At this point, Coeur DAlene is not too volatile. Coeur dAlene Bancorp secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found eighteen technical indicators for Coeur dAlene Bancorp, which you can use to evaluate the volatility of the firm. Please confirm Coeur DAlene's risk adjusted performance of 0.0885, and Mean Deviation of 0.6268 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Coeur DAlene has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coeur DAlene's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coeur DAlene is expected to be smaller as well. Coeur dAlene Bancorp right now shows a risk of 1.69%. Please confirm Coeur dAlene Bancorp coefficient of variation, jensen alpha, kurtosis, as well as the relationship between the variance and potential upside , to decide if Coeur dAlene Bancorp will be following its price patterns.
Auto-correlation | 0.44 |
Average predictability
Coeur dAlene Bancorp has average predictability. Overlapping area represents the amount of predictability between Coeur DAlene 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 Coeur dAlene Bancorp price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Coeur DAlene price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Coeur dAlene Bancorp lagged returns against current returns
Autocorrelation, which is Coeur DAlene pink sheet'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 Coeur DAlene's pink sheet expected returns. We can calculate the autocorrelation of Coeur DAlene returns to help us make a trade decision. For example, suppose you find that Coeur DAlene has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Coeur DAlene 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 Coeur DAlene pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coeur DAlene pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coeur DAlene pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Coeur DAlene Lagged Returns
When evaluating Coeur DAlene's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coeur DAlene pink sheet have on its future price. Coeur DAlene 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, Coeur DAlene autocorrelation shows the relationship between Coeur DAlene pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Coeur dAlene 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.Other Information on Investing in Coeur Pink Sheet
Coeur DAlene financial ratios help investors to determine whether Coeur Pink Sheet 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 Coeur with respect to the benefits of owning Coeur DAlene security.