Chiba Bank Ltd Stock Market Value
| CHBAY Stock | USD 37.68 0.00 0.00% |
| Symbol | Chiba |
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 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 Chiba Bank.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Chiba Bank on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Chiba Bank Ltd or generate 0.0% return on investment in Chiba Bank over 30 days. Chiba Bank is related to or competes with Nedbank, Standard Bank, Bank Central, PSB Holdings, United Overseas, Turkiye Garanti, and Hang Seng. The Chiba Bank, Ltd., together with its subsidiaries, provides banking products and services in Japan and internationall... 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 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 Chiba Bank Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.86 |
Chiba Bank Market Risk Indicators
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.| Risk Adjusted Performance | 0.0262 | |||
| Jensen Alpha | 0.0151 | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.3774 |
Chiba Bank Backtested Returns
At this stage we consider Chiba Pink Sheet to be very steady. Chiba Bank secures Sharpe Ratio (or Efficiency) of 0.0321, which signifies that the company had a 0.0321% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Chiba Bank Ltd, which you can use to evaluate the volatility of the firm. Please confirm Chiba Bank's Risk Adjusted Performance of 0.0262, standard deviation of 0.964, and Mean Deviation of 0.2075 to double-check if the risk estimate we provide is consistent with the expected return of 0.0314%. Chiba Bank has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0543, which signifies not very significant fluctuations relative to the market. 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. Chiba Bank right now shows a risk of 0.98%. Please confirm Chiba Bank coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day typical price , to decide if Chiba Bank will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Chiba Bank Ltd has no correlation between past and present. Overlapping area represents the amount of predictability between Chiba Bank time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 0.0 indicates that just 0.0% of current Chiba Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Chiba Bank lagged returns against current returns
Autocorrelation, which is Chiba Bank 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 Chiba Bank's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chiba Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chiba Bank pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Chiba Bank Ltd.
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.Additional Tools for Chiba Pink Sheet Analysis
When running Chiba Bank's price analysis, check to measure Chiba Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chiba Bank is operating at the current time. Most of Chiba Bank's value examination focuses on studying past and present price action to predict the probability of Chiba Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chiba Bank's price. Additionally, you may evaluate how the addition of Chiba Bank to your portfolios can decrease your overall portfolio volatility.