Delhi Bank Corp Stock Market Value
| DWNX Stock | USD 20.75 0.00 0.00% |
| Symbol | Delhi |
Delhi 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 Delhi Bank'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 Delhi Bank.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Delhi Bank on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Delhi Bank Corp or generate 0.0% return on investment in Delhi Bank over 150 days. Delhi Bank is related to or competes with CCSB Financial, BEO Bancorp, First Community, First Community, and Bank of Utica. Delhi Bank Corp. operates as a bank holding company for The Delaware National Bank of Delhi that provides commercial ban... More
Delhi 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 Delhi Bank'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 Delhi Bank Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5505 | |||
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 1.65 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.4878 |
Delhi Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delhi Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delhi Bank's standard deviation. In reality, there are many statistical measures that can use Delhi Bank historical prices to predict the future Delhi Bank's volatility.| Risk Adjusted Performance | 0.0354 | |||
| Jensen Alpha | 0.01 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.66) |
Delhi Bank Corp Backtested Returns
At this stage we consider Delhi Pink Sheet to be very steady. Delhi Bank Corp secures Sharpe Ratio (or Efficiency) of 0.0312, which denotes the company had a 0.0312 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Delhi Bank Corp, which you can use to evaluate the volatility of the firm. Please confirm Delhi Bank's Downside Deviation of 0.5505, coefficient of variation of 1534.29, and Mean Deviation of 0.1638 to check if the risk estimate we provide is consistent with the expected return of 0.0087%. Delhi Bank has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0132, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Delhi Bank are expected to decrease at a much lower rate. During the bear market, Delhi Bank is likely to outperform the market. Delhi Bank Corp right now shows a risk of 0.28%. Please confirm Delhi Bank Corp downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall , to decide if Delhi Bank Corp will be following its price patterns.
Auto-correlation | 0.38 |
Below average predictability
Delhi Bank Corp has below average predictability. Overlapping area represents the amount of predictability between Delhi Bank time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st 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 Delhi Bank Corp price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Delhi Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Delhi Bank Corp lagged returns against current returns
Autocorrelation, which is Delhi Bank 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 Delhi Bank's pink sheet expected returns. We can calculate the autocorrelation of Delhi Bank returns to help us make a trade decision. For example, suppose you find that Delhi Bank 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 |
Delhi 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 Delhi Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delhi Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delhi Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Delhi Bank Lagged Returns
When evaluating Delhi Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delhi Bank pink sheet have on its future price. Delhi 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, Delhi Bank autocorrelation shows the relationship between Delhi Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Delhi Bank Corp.
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 Delhi Pink Sheet Analysis
When running Delhi Bank's price analysis, check to measure Delhi Bank'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 Delhi Bank is operating at the current time. Most of Delhi Bank's value examination focuses on studying past and present price action to predict the probability of Delhi Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delhi Bank's price. Additionally, you may evaluate how the addition of Delhi Bank to your portfolios can decrease your overall portfolio volatility.