Cashmere Valley Bank Stock Market Value
| CSHX Stock | USD 59.00 1.48 2.57% |
| Symbol | Cashmere |
Cashmere Valley '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 Cashmere Valley's 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 Cashmere Valley.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Cashmere Valley on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Cashmere Valley Bank or generate 0.0% return on investment in Cashmere Valley over 540 days. Cashmere Valley is related to or competes with Santa Cruz, Montfort Capital, and Mullen Group. Cashmere Valley Bank, a state chartered bank, provides banking products and services to small and middle-market business... More
Cashmere Valley 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 Cashmere Valley's 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 Cashmere Valley Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9106 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.89 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 1.72 |
Cashmere Valley Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cashmere Valley's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cashmere Valley's standard deviation. In reality, there are many statistical measures that can use Cashmere Valley historical prices to predict the future Cashmere Valley's volatility.| Risk Adjusted Performance | 0.117 | |||
| Jensen Alpha | 0.0623 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.312 |
Cashmere Valley Bank Backtested Returns
At this stage we consider Cashmere OTC Stock to be very steady. Cashmere Valley Bank secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cashmere Valley Bank, which you can use to evaluate the volatility of the firm. Please confirm Cashmere Valley's Risk Adjusted Performance of 0.117, mean deviation of 0.3198, and Coefficient Of Variation of 650.2 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Cashmere Valley has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cashmere Valley's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cashmere Valley is expected to be smaller as well. Cashmere Valley Bank right now shows a risk of 0.72%. Please confirm Cashmere Valley Bank downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Cashmere Valley Bank will be following its price patterns.
Auto-correlation | 0.86 |
Very good predictability
Cashmere Valley Bank has very good predictability. Overlapping area represents the amount of predictability between Cashmere Valley time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Cashmere Valley Bank price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Cashmere Valley price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 9.55 |
Cashmere Valley Bank lagged returns against current returns
Autocorrelation, which is Cashmere Valley 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 Cashmere Valley's otc stock expected returns. We can calculate the autocorrelation of Cashmere Valley returns to help us make a trade decision. For example, suppose you find that Cashmere Valley 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 |
Cashmere Valley 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 Cashmere Valley otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cashmere Valley otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cashmere Valley otc stock over time.
Current vs Lagged Prices |
| Timeline |
Cashmere Valley Lagged Returns
When evaluating Cashmere Valley's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cashmere Valley otc stock have on its future price. Cashmere Valley 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, Cashmere Valley autocorrelation shows the relationship between Cashmere Valley otc stock current value and its past values and can show if there is a momentum factor associated with investing in Cashmere Valley Bank.
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.Additional Tools for Cashmere OTC Stock Analysis
When running Cashmere Valley's price analysis, check to measure Cashmere Valley's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cashmere Valley is operating at the current time. Most of Cashmere Valley's value examination focuses on studying past and present price action to predict the probability of Cashmere Valley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cashmere Valley's price. Additionally, you may evaluate how the addition of Cashmere Valley to your portfolios can decrease your overall portfolio volatility.