Harbor Bankshares Stock Market Value
| HRBK Stock | USD 14.32 0.18 1.24% |
| Symbol | Harbor |
Harbor 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 Harbor 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 Harbor Bankshares.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Harbor Bankshares on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Harbor Bankshares or generate 0.0% return on investment in Harbor Bankshares over 390 days. Harbor Bankshares is related to or competes with Standard Bank, Bank Central, PSB Holdings, United Overseas, Turkiye Garanti, and Hang Seng. Harbor Bankshares Corporation provides various banking services in Maryland More
Harbor 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 Harbor 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 Harbor Bankshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.16 | |||
| Information Ratio | 0.1304 | |||
| Maximum Drawdown | 15.81 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 6.95 |
Harbor Bankshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor Bankshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harbor Bankshares' standard deviation. In reality, there are many statistical measures that can use Harbor Bankshares historical prices to predict the future Harbor Bankshares' volatility.| Risk Adjusted Performance | 0.1383 | |||
| Jensen Alpha | 0.4686 | |||
| Total Risk Alpha | 0.0994 | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | (1.67) |
Harbor Bankshares Backtested Returns
Harbor Bankshares appears to be somewhat reliable, given 3 months investment horizon. Harbor Bankshares holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Harbor Bankshares, which you can use to evaluate the volatility of the firm. Please utilize Harbor Bankshares' Market Risk Adjusted Performance of (1.66), downside deviation of 4.16, and Risk Adjusted Performance of 0.1383 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Harbor Bankshares holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of -0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Harbor Bankshares are expected to decrease at a much lower rate. During the bear market, Harbor Bankshares is likely to outperform the market. Please check Harbor Bankshares' semi variance, and the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Harbor Bankshares' current trending patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
Harbor Bankshares has below average predictability. Overlapping area represents the amount of predictability between Harbor Bankshares time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Harbor Bankshares price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Harbor Bankshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
Harbor Bankshares lagged returns against current returns
Autocorrelation, which is Harbor 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 Harbor Bankshares' pink sheet expected returns. We can calculate the autocorrelation of Harbor Bankshares returns to help us make a trade decision. For example, suppose you find that Harbor 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 |
Harbor 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 Harbor Bankshares pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harbor 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 Harbor Bankshares pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Harbor Bankshares Lagged Returns
When evaluating Harbor Bankshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harbor Bankshares pink sheet have on its future price. Harbor 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, Harbor Bankshares autocorrelation shows the relationship between Harbor Bankshares pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Harbor Bankshares.
Regressed Prices |
| Timeline |
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Harbor Bankshares financial ratios help investors to determine whether Harbor 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 Harbor with respect to the benefits of owning Harbor Bankshares security.