Highlands Bankshares Stock Market Value
| HBSI Stock | USD 32.11 0.64 1.95% |
| Symbol | Highlands |
Highlands Bankshares '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 Highlands Bankshares' 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 Highlands Bankshares.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in Highlands Bankshares on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding Highlands Bankshares or generate 0.0% return on investment in Highlands Bankshares over 720 days. Highlands Bankshares is related to or competes with First Bancorp, LINKBANCORP, Bankwell Financial, and FS Bancorp. Highlands Bankshares, Inc. operates as the bank holding company for The Grant County Bank and Capon Valley Bank that pro... More
Highlands Bankshares 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 Highlands Bankshares' 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 Highlands Bankshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.5 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.46 |
Highlands Bankshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highlands Bankshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Highlands Bankshares' standard deviation. In reality, there are many statistical measures that can use Highlands Bankshares historical prices to predict the future Highlands Bankshares' volatility.| Risk Adjusted Performance | 0.102 | |||
| Jensen Alpha | 0.0863 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.5435 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Highlands Bankshares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Highlands Bankshares Backtested Returns
Highlands Bankshares is not too volatile at the moment. Highlands Bankshares holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Highlands Bankshares, which you can use to evaluate the volatility of the firm. Please check out Highlands Bankshares' Market Risk Adjusted Performance of 0.5535, downside deviation of 1.16, and Risk Adjusted Performance of 0.102 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Highlands Bankshares has a performance score of 12 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Highlands Bankshares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Highlands Bankshares is expected to be smaller as well. Highlands Bankshares right now retains a risk of 0.88%. Please check out Highlands Bankshares jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Highlands Bankshares will be following its current trending patterns.
Auto-correlation | 0.14 |
Insignificant predictability
Highlands Bankshares has insignificant predictability. Overlapping area represents the amount of predictability between Highlands Bankshares time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th of December 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 Highlands Bankshares price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Highlands Bankshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 2.5 |
Highlands Bankshares lagged returns against current returns
Autocorrelation, which is Highlands Bankshares 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 Highlands Bankshares' pink sheet expected returns. We can calculate the autocorrelation of Highlands Bankshares returns to help us make a trade decision. For example, suppose you find that Highlands Bankshares 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 |
Highlands Bankshares 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 Highlands Bankshares pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Highlands Bankshares pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Highlands Bankshares pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Highlands Bankshares Lagged Returns
When evaluating Highlands Bankshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Highlands Bankshares pink sheet have on its future price. Highlands Bankshares 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, Highlands Bankshares autocorrelation shows the relationship between Highlands Bankshares pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Highlands Bankshares.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Highlands Pink Sheet
Highlands Bankshares financial ratios help investors to determine whether Highlands 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 Highlands with respect to the benefits of owning Highlands Bankshares security.