1st Colonial Bancorp Stock Market Value
| FCOB Stock | USD 14.46 0.04 0.28% |
| Symbol | 1st |
1st Colonial '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 1st Colonial'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 1st Colonial.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in 1st Colonial on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding 1st Colonial Bancorp or generate 0.0% return on investment in 1st Colonial over 60 days. 1st Colonial is related to or competes with CCSB Financial, Bank of Utica, First Community, BEO Bancorp, First Community, and Delhi Bank. 1st Colonial Bancorp, Inc. operates as the bank holding company for 1st Colonial Community Bank that provides a range of... More
1st Colonial 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 1st Colonial'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 1st Colonial Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 5.13 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 1.63 |
1st Colonial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1st Colonial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1st Colonial's standard deviation. In reality, there are many statistical measures that can use 1st Colonial historical prices to predict the future 1st Colonial's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (7.87) |
1st Colonial Bancorp Backtested Returns
1st Colonial Bancorp secures Sharpe Ratio (or Efficiency) of -0.0847, which signifies that the company had a -0.0847% return per unit of standard deviation over the last 3 months. 1st Colonial Bancorp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 1st Colonial's risk adjusted performance of (0.08), and Mean Deviation of 0.6211 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0152, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 1st Colonial's returns are expected to increase less than the market. However, during the bear market, the loss of holding 1st Colonial is expected to be smaller as well. At this point, 1st Colonial Bancorp has a negative expected return of -0.0867%. Please make sure to confirm 1st Colonial's daily balance of power, and the relationship between the potential upside and day typical price , to decide if 1st Colonial Bancorp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
1st Colonial Bancorp has good predictability. Overlapping area represents the amount of predictability between 1st Colonial time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 1st Colonial Bancorp price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current 1st Colonial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
1st Colonial Bancorp lagged returns against current returns
Autocorrelation, which is 1st Colonial 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 1st Colonial's pink sheet expected returns. We can calculate the autocorrelation of 1st Colonial returns to help us make a trade decision. For example, suppose you find that 1st Colonial 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 |
1st Colonial 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 1st Colonial pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1st Colonial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1st Colonial pink sheet over time.
Current vs Lagged Prices |
| Timeline |
1st Colonial Lagged Returns
When evaluating 1st Colonial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1st Colonial pink sheet have on its future price. 1st Colonial 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, 1st Colonial autocorrelation shows the relationship between 1st Colonial pink sheet current value and its past values and can show if there is a momentum factor associated with investing in 1st Colonial Bancorp.
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 1st Pink Sheet
1st Colonial financial ratios help investors to determine whether 1st Pink Sheet 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 1st with respect to the benefits of owning 1st Colonial security.