Coastalsouth Bancshares Stock Market Value
| COSO Stock | USD 21.50 0.50 2.38% |
| Symbol | CoastalSouth |
CoastalSouth 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 CoastalSouth 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 CoastalSouth Bancshares.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in CoastalSouth Bancshares on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding CoastalSouth Bancshares or generate 0.0% return on investment in CoastalSouth Bancshares over 720 days. CoastalSouth Bancshares is related to or competes with Bank of San Francisco, Citizens Bancorp, Mountain Commerce, Washington Business, Community Heritage, National Capital, and Private Bancorp. CoastalSouth Bancshares, Inc. operates as the bank holding company of CoastalStates Bank that provides various banking p... More
CoastalSouth 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 CoastalSouth 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 CoastalSouth Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 10.05 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 2.2 |
CoastalSouth Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CoastalSouth Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CoastalSouth Bancshares' standard deviation. In reality, there are many statistical measures that can use CoastalSouth Bancshares historical prices to predict the future CoastalSouth Bancshares' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.2132 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CoastalSouth Bancshares' 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.
CoastalSouth Bancshares Backtested Returns
As of now, CoastalSouth OTC Stock is very steady. CoastalSouth Bancshares secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for CoastalSouth Bancshares, which you can use to evaluate the volatility of the firm. Please confirm CoastalSouth Bancshares' risk adjusted performance of (0.01), and Mean Deviation of 0.5262 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. CoastalSouth Bancshares has a performance score of 13 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, returns on owning CoastalSouth Bancshares are expected to decrease at a much lower rate. During the bear market, CoastalSouth Bancshares is likely to outperform the market. CoastalSouth Bancshares right now shows a risk of 1.01%. Please confirm CoastalSouth Bancshares variance, as well as the relationship between the potential upside and day median price , to decide if CoastalSouth Bancshares will be following its price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
CoastalSouth Bancshares has very good reverse predictability. Overlapping area represents the amount of predictability between CoastalSouth Bancshares time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 CoastalSouth Bancshares price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current CoastalSouth Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 3.26 |
CoastalSouth Bancshares lagged returns against current returns
Autocorrelation, which is CoastalSouth 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 CoastalSouth Bancshares' otc stock expected returns. We can calculate the autocorrelation of CoastalSouth Bancshares returns to help us make a trade decision. For example, suppose you find that CoastalSouth 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 |
| Timeline |
CoastalSouth 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 CoastalSouth Bancshares otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CoastalSouth 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 CoastalSouth Bancshares otc stock over time.
Current vs Lagged Prices |
| Timeline |
CoastalSouth Bancshares Lagged Returns
When evaluating CoastalSouth Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CoastalSouth Bancshares otc stock have on its future price. CoastalSouth 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, CoastalSouth Bancshares autocorrelation shows the relationship between CoastalSouth Bancshares otc stock current value and its past values and can show if there is a momentum factor associated with investing in CoastalSouth Bancshares.
Regressed Prices |
| Timeline |
Pair Trading with CoastalSouth Bancshares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CoastalSouth Bancshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CoastalSouth Bancshares will appreciate offsetting losses from the drop in the long position's value.Moving against CoastalSouth OTC Stock
| 0.63 | FITBP | Fifth Third Bancorp | PairCorr |
| 0.59 | CIHKY | China Merchants Bank | PairCorr |
| 0.58 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.5 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.5 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
The ability to find closely correlated positions to CoastalSouth Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoastalSouth Bancshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CoastalSouth Bancshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CoastalSouth Bancshares to buy it.
The correlation of CoastalSouth Bancshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CoastalSouth Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoastalSouth Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CoastalSouth Bancshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in CoastalSouth OTC Stock
CoastalSouth Bancshares financial ratios help investors to determine whether CoastalSouth 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 CoastalSouth with respect to the benefits of owning CoastalSouth Bancshares security.