Neffs Bancorp Stock Market Value
| NEFB Stock | USD 280.00 80.00 40.00% |
| Symbol | Neffs |
Neffs 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 Neffs 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 Neffs Bancorp.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Neffs Bancorp on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Neffs Bancorp or generate 0.0% return on investment in Neffs Bancorp over 30 days. Neffs Bancorp is related to or competes with Invesco High, Blackrock Muniholdings, MFS Investment, and Federated Premier. Neffs Bancorp, Inc. operates as a bank holding company for The Neffs National Bank that provides a range of financial se... More
Neffs 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 Neffs 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 Neffs Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.69 | |||
| Information Ratio | 0.0897 | |||
| Maximum Drawdown | 19.33 | |||
| Value At Risk | (4.87) | |||
| Potential Upside | 2.0 |
Neffs Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neffs Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neffs Bancorp's standard deviation. In reality, there are many statistical measures that can use Neffs Bancorp historical prices to predict the future Neffs Bancorp's volatility.| Risk Adjusted Performance | 0.0953 | |||
| Jensen Alpha | 0.5138 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.1321 | |||
| Treynor Ratio | 0.7804 |
Neffs Bancorp Backtested Returns
Neffs Bancorp appears to be very steady, given 3 months investment horizon. Neffs Bancorp has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Neffs Bancorp's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please exercise Neffs Bancorp's Mean Deviation of 1.92, downside deviation of 3.69, and Risk Adjusted Performance of 0.0953 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Neffs Bancorp holds a performance score of 9. The company secures a Beta (Market Risk) of 0.78, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Neffs Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Neffs Bancorp is expected to be smaller as well. Please check Neffs Bancorp's sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether Neffs Bancorp's current price movements will revert.
Auto-correlation | 0.22 |
Weak predictability
Neffs Bancorp has weak predictability. Overlapping area represents the amount of predictability between Neffs Bancorp time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Neffs Bancorp price movement. The serial correlation of 0.22 indicates that over 22.0% of current Neffs Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 1269.42 |
Neffs Bancorp lagged returns against current returns
Autocorrelation, which is Neffs 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 Neffs Bancorp's pink sheet expected returns. We can calculate the autocorrelation of Neffs Bancorp returns to help us make a trade decision. For example, suppose you find that Neffs 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 |
Neffs 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 Neffs Bancorp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neffs 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 Neffs Bancorp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Neffs Bancorp Lagged Returns
When evaluating Neffs Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neffs Bancorp pink sheet have on its future price. Neffs 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, Neffs Bancorp autocorrelation shows the relationship between Neffs Bancorp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Neffs 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 Neffs Pink Sheet
Neffs Bancorp financial ratios help investors to determine whether Neffs 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 Neffs with respect to the benefits of owning Neffs Bancorp security.