Community Heritage Financial Stock Market Value
| CMHF Stock | USD 21.99 0.01 0.05% |
| Symbol | Community |
Community Heritage '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 Community Heritage'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 Community Heritage.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Community Heritage on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Community Heritage Financial or generate 0.0% return on investment in Community Heritage over 390 days. Community Heritage is related to or competes with Standard Bank, Bank Central, PSB Holdings, United Overseas, Turkiye Garanti, and Hang Seng. Community Heritage Financial, Inc., through its subsidiaries, provides retail and commercial banking services to individ... More
Community Heritage 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 Community Heritage'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 Community Heritage Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.19 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 2.2 |
Community Heritage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Community Heritage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Community Heritage's standard deviation. In reality, there are many statistical measures that can use Community Heritage historical prices to predict the future Community Heritage's volatility.| Risk Adjusted Performance | 0.0713 | |||
| Jensen Alpha | 0.0326 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2069 |
Community Heritage Backtested Returns
At this point, Community Heritage is very steady. Community Heritage secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Community Heritage Financial, which you can use to evaluate the volatility of the firm. Please confirm Community Heritage's Risk Adjusted Performance of 0.0713, mean deviation of 0.401, and Downside Deviation of 1.19 to double-check if the risk estimate we provide is consistent with the expected return of 0.0821%. Community Heritage has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Community Heritage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Community Heritage is expected to be smaller as well. Community Heritage right now shows a risk of 0.81%. Please confirm Community Heritage potential upside, daily balance of power, and the relationship between the treynor ratio and expected short fall , to decide if Community Heritage will be following its price patterns.
Auto-correlation | 0.52 |
Modest predictability
Community Heritage Financial has modest predictability. Overlapping area represents the amount of predictability between Community Heritage time series from 29th of October 2023 to 11th of May 2024 and 11th of May 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 Community Heritage price movement. The serial correlation of 0.52 indicates that about 52.0% of current Community Heritage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Community Heritage lagged returns against current returns
Autocorrelation, which is Community Heritage 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 Community Heritage's pink sheet expected returns. We can calculate the autocorrelation of Community Heritage returns to help us make a trade decision. For example, suppose you find that Community Heritage 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 |
Community Heritage 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 Community Heritage pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Community Heritage pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Community Heritage pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Community Heritage Lagged Returns
When evaluating Community Heritage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Community Heritage pink sheet have on its future price. Community Heritage 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, Community Heritage autocorrelation shows the relationship between Community Heritage pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Community Heritage Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Community Pink Sheet
Community Heritage financial ratios help investors to determine whether Community 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 Community with respect to the benefits of owning Community Heritage security.