Croghan Bancshares Stock Market Value
| CHBH Stock | USD 49.90 0.10 0.20% |
| Symbol | Croghan |
Croghan Bancshares '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 Croghan Bancshares' 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 Croghan Bancshares.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Croghan Bancshares on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Croghan Bancshares or generate 0.0% return on investment in Croghan Bancshares over 30 days. Croghan Bancshares is related to or competes with HUMANA, SCOR PK, Thrivent High, Morningstar Unconstrained, SPACE, Via Renewables, and T Rowe. Croghan Bancshares, Inc. operates as the holding company for the Croghan Colonial Bank, a state-chartered bank that prov... More
Croghan Bancshares 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 Croghan Bancshares' 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 Croghan Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.84 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 1.39 |
Croghan Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Croghan Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Croghan Bancshares' standard deviation. In reality, there are many statistical measures that can use Croghan Bancshares historical prices to predict the future Croghan Bancshares' volatility.| Risk Adjusted Performance | 0.0548 | |||
| Jensen Alpha | 0.0431 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4134 |
Croghan Bancshares Backtested Returns
Croghan Bancshares is very steady at the moment. Croghan Bancshares secures Sharpe Ratio (or Efficiency) of 0.0695, which signifies that the company had a 0.0695% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Croghan Bancshares, which you can use to evaluate the volatility of the firm. Please confirm Croghan Bancshares' Downside Deviation of 1.67, risk adjusted performance of 0.0548, and Mean Deviation of 0.6556 to double-check if the risk estimate we provide is consistent with the expected return of 0.0758%. Croghan Bancshares has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Croghan Bancshares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Croghan Bancshares is expected to be smaller as well. Croghan Bancshares right now shows a risk of 1.09%. Please confirm Croghan Bancshares downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if Croghan Bancshares will be following its price patterns.
Auto-correlation | -0.84 |
Excellent reverse predictability
Croghan Bancshares has excellent reverse predictability. Overlapping area represents the amount of predictability between Croghan Bancshares time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Croghan Bancshares price movement. The serial correlation of -0.84 indicates that around 84.0% of current Croghan Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Croghan Bancshares lagged returns against current returns
Autocorrelation, which is Croghan Bancshares 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 Croghan Bancshares' otc stock expected returns. We can calculate the autocorrelation of Croghan Bancshares returns to help us make a trade decision. For example, suppose you find that Croghan Bancshares 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 |
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Croghan Bancshares 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 Croghan Bancshares otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Croghan Bancshares otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Croghan Bancshares otc stock over time.
Current vs Lagged Prices |
| Timeline |
Croghan Bancshares Lagged Returns
When evaluating Croghan Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Croghan Bancshares otc stock have on its future price. Croghan Bancshares 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, Croghan Bancshares autocorrelation shows the relationship between Croghan Bancshares otc stock current value and its past values and can show if there is a momentum factor associated with investing in Croghan Bancshares.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Croghan OTC Stock
Croghan Bancshares financial ratios help investors to determine whether Croghan 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 Croghan with respect to the benefits of owning Croghan Bancshares security.