Fs Bancorp Stock Market Value
| FXLG Stock | USD 31.50 0.00 0.00% |
| Symbol | FXLG |
FS Bancorp '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 FS Bancorp'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 FS Bancorp.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in FS Bancorp on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding FS Bancorp or generate 0.0% return on investment in FS Bancorp over 90 days. FS Bancorp is related to or competes with Eastern Michigan, Grand River, Bank of Botetourt, AmeriServ Financial, Farmers Merchants, FNB, and Century Financial. FS Bancorp operates as the holding company for Farmers State Bank that provides banking products and services to individ... More
FS Bancorp 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 FS Bancorp'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 FS Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.63 | |||
| Value At Risk | (0.03) | |||
| Potential Upside | 1.17 |
FS Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FS Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FS Bancorp's standard deviation. In reality, there are many statistical measures that can use FS Bancorp historical prices to predict the future FS Bancorp's volatility.| Risk Adjusted Performance | 0.113 | |||
| Jensen Alpha | 0.0624 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 20.91 |
FS Bancorp Backtested Returns
At this point, FS Bancorp is very steady. FS Bancorp retains Efficiency (Sharpe Ratio) of 0.16, which denotes the company had a 0.16% return per unit of price deviation over the last 3 months. We have found nineteen technical indicators for FS Bancorp, which you can use to evaluate the volatility of the firm. Please confirm FS Bancorp's Market Risk Adjusted Performance of 20.92, information ratio of (0.12), and Standard Deviation of 0.4656 to check if the risk estimate we provide is consistent with the expected return of 0.0727%. FS Bancorp has a performance score of 12 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.003, which means not very significant fluctuations relative to the market. As returns on the market increase, FS Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding FS Bancorp is expected to be smaller as well. FS Bancorp today owns a risk of 0.47%. Please confirm FS Bancorp total risk alpha, and the relationship between the standard deviation and kurtosis , to decide if FS Bancorp will be following its current price history.
Auto-correlation | 0.60 |
Good predictability
FS Bancorp has good predictability. Overlapping area represents the amount of predictability between FS Bancorp time series from 29th of August 2024 to 13th of October 2024 and 13th of October 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 FS Bancorp price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current FS Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
FS Bancorp lagged returns against current returns
Autocorrelation, which is FS Bancorp 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 FS Bancorp's pink sheet expected returns. We can calculate the autocorrelation of FS Bancorp returns to help us make a trade decision. For example, suppose you find that FS Bancorp 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 |
FS Bancorp 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 FS Bancorp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FS Bancorp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FS Bancorp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FS Bancorp Lagged Returns
When evaluating FS Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FS Bancorp pink sheet have on its future price. FS Bancorp 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, FS Bancorp autocorrelation shows the relationship between FS Bancorp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in FS Bancorp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in FXLG Pink Sheet
When determining whether FS Bancorp is a strong investment it is important to analyze FS Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FS Bancorp's future performance. For an informed investment choice regarding FXLG Pink Sheet, refer to the following important reports:Check out FS Bancorp Correlation, FS Bancorp Volatility and FS Bancorp Alpha and Beta module to complement your research on FS Bancorp. For more detail on how to invest in FXLG Pink Sheet please use our How to Invest in FS Bancorp guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
FS Bancorp technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.