CSB Bank (India) Market Value
| CSBBANK Stock | 306.35 3.30 1.09% |
| Symbol | CSB |
CSB 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 CSB Bank's 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 CSB Bank.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in CSB Bank on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding CSB Bank Limited or generate 0.0% return on investment in CSB Bank over 30 days. CSB Bank is related to or competes with MRF, JSW Holdings, Maharashtra Scooters, Nalwa Sons, Kalyani Investment, Pilani Investment, and Vardhman Holdings. CSB Bank is entity of India. It is traded as Stock on NSE exchange. More
CSB 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 CSB Bank's 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 CSB Bank Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 7.94 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 1.69 |
CSB Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CSB Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CSB Bank's standard deviation. In reality, there are many statistical measures that can use CSB Bank historical prices to predict the future CSB Bank's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.59) |
CSB Bank Limited Backtested Returns
CSB Bank Limited retains Efficiency (Sharpe Ratio) of -0.0534, which signifies that the company had a -0.0534% return per unit of risk over the last 3 months. CSB Bank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CSB Bank's market risk adjusted performance of (0.58), and Variance of 1.86 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CSB Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding CSB Bank is expected to be smaller as well. At this point, CSB Bank Limited has a negative expected return of -0.0741%. Please make sure to confirm CSB Bank's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if CSB Bank Limited performance from the past will be repeated in the future.
Auto-correlation | -0.4 |
Poor reverse predictability
CSB Bank Limited has poor reverse predictability. Overlapping area represents the amount of predictability between CSB Bank 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 CSB Bank Limited price movement. The serial correlation of -0.4 indicates that just about 40.0% of current CSB Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 20.13 |
CSB Bank Limited lagged returns against current returns
Autocorrelation, which is CSB Bank 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 CSB Bank's stock expected returns. We can calculate the autocorrelation of CSB Bank returns to help us make a trade decision. For example, suppose you find that CSB Bank has exhibited high autocorrelation historically, and you observe that the 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 |
CSB 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 CSB Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CSB Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CSB Bank stock over time.
Current vs Lagged Prices |
| Timeline |
CSB Bank Lagged Returns
When evaluating CSB Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CSB Bank stock have on its future price. CSB 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, CSB Bank autocorrelation shows the relationship between CSB Bank stock current value and its past values and can show if there is a momentum factor associated with investing in CSB Bank Limited.
Regressed Prices |
| Timeline |
Also Currently Popular
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 CSB Stock
CSB Bank financial ratios help investors to determine whether CSB 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 CSB with respect to the benefits of owning CSB Bank security.