CSB Bank's market value is the price at which a share of CSB Bank trades on a public exchange. It measures the collective expectations of CSB Bank Limited investors about its performance. CSB Bank is selling for 312.20 as of the 18th of January 2025. This is a 1.85 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 311.0. With this module, you can estimate the performance of a buy and hold strategy of CSB Bank Limited and determine expected loss or profit from investing in CSB Bank over a given investment horizon. Check out CSB Bank Correlation, CSB Bank Volatility and CSB Bank Alpha and Beta module to complement your research on CSB Bank.
Please note, there is a significant difference between CSB Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSB Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSB Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in CSB Bank on December 19, 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 Coffee Day, Paramount Communications, Agro Tech, Kohinoor Foods, Fine Organic, ADF Foods, and Jayant Agro. 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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CSB Bank. Your research has to be compared to or analyzed against CSB Bank's peers to derive any actionable benefits. When done correctly, CSB Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CSB Bank Limited.
CSB Bank Limited Backtested Returns
As of now, CSB Stock is very steady. CSB Bank Limited retains Efficiency (Sharpe Ratio) of 0.0248, which signifies that the company had a 0.0248% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CSB Bank, which you can use to evaluate the volatility of the firm. Please confirm CSB Bank's coefficient of variation of 3964.88, and Market Risk Adjusted Performance of 0.3083 to double-check if the risk estimate we provide is consistent with the expected return of 0.0441%. CSB Bank has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.11, 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. CSB Bank Limited now owns a risk of 1.78%. Please confirm CSB Bank Limited mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if CSB Bank Limited will be following its current price history.
Auto-correlation
-0.2
Insignificant reverse predictability
CSB Bank Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between CSB Bank time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. 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 -0.2 indicates that over 20.0% of current CSB Bank price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.2
Spearman Rank Test
0.21
Residual Average
0.0
Price Variance
56.48
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.
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.