Merchants Marine Bancorp Stock Market Value
| MNMB Stock | USD 45.00 0.75 1.69% |
| Symbol | Merchants |
Merchants Marine '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 Merchants Marine's otc stock 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 Merchants Marine.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Merchants Marine on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Merchants Marine Bancorp or generate 0.0% return on investment in Merchants Marine over 30 days. Merchants Marine is related to or competes with Mission Valley, Harbor Bankshares, Oconee Financial, MF Bancorp, MNB Holdings, United Bancorporation, and Security Federal. Merchants Marine Bancorp, Inc. operates as the holding company for Merchants Marine Bank that provides personal and busi... More
Merchants Marine 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 Merchants Marine's otc stock 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 Merchants Marine Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.12 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.45 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.69 |
Merchants Marine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merchants Marine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Merchants Marine's standard deviation. In reality, there are many statistical measures that can use Merchants Marine historical prices to predict the future Merchants Marine's volatility.| Risk Adjusted Performance | 0.0336 | |||
| Jensen Alpha | 0.0134 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1757 |
Merchants Marine Bancorp Backtested Returns
At this point, Merchants Marine is very steady. Merchants Marine Bancorp has Sharpe Ratio of 0.0659, which conveys that the firm had a 0.0659% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Merchants Marine, which you can use to evaluate the volatility of the firm. Please verify Merchants Marine's Risk Adjusted Performance of 0.0336, mean deviation of 0.6129, and Downside Deviation of 2.12 to check out if the risk estimate we provide is consistent with the expected return of 0.0883%. Merchants Marine has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Merchants Marine's returns are expected to increase less than the market. However, during the bear market, the loss of holding Merchants Marine is expected to be smaller as well. Merchants Marine Bancorp right now secures a risk of 1.34%. Please verify Merchants Marine Bancorp treynor ratio, expected short fall, day typical price, as well as the relationship between the potential upside and daily balance of power , to decide if Merchants Marine Bancorp will be following its current price movements.
Auto-correlation | -0.85 |
Excellent reverse predictability
Merchants Marine Bancorp has excellent reverse predictability. Overlapping area represents the amount of predictability between Merchants Marine time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Merchants Marine Bancorp price movement. The serial correlation of -0.85 indicates that around 85.0% of current Merchants Marine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Merchants Marine Bancorp lagged returns against current returns
Autocorrelation, which is Merchants Marine otc stock'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 Merchants Marine's otc stock expected returns. We can calculate the autocorrelation of Merchants Marine returns to help us make a trade decision. For example, suppose you find that Merchants Marine has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
Merchants Marine 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 Merchants Marine otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Merchants Marine otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Merchants Marine otc stock over time.
Current vs Lagged Prices |
| Timeline |
Merchants Marine Lagged Returns
When evaluating Merchants Marine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Merchants Marine otc stock have on its future price. Merchants Marine 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, Merchants Marine autocorrelation shows the relationship between Merchants Marine otc stock current value and its past values and can show if there is a momentum factor associated with investing in Merchants Marine 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 Merchants OTC Stock
Merchants Marine financial ratios help investors to determine whether Merchants OTC Stock 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 Merchants with respect to the benefits of owning Merchants Marine security.