Northeast Indiana Bancorp Stock Market Value
| NIDB Stock | USD 21.00 0.00 0.00% |
| Symbol | Northeast |
Northeast Indiana '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 Northeast Indiana'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 Northeast Indiana.
| 01/23/2024 |
| 01/12/2026 |
If you would invest 0.00 in Northeast Indiana on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Northeast Indiana Bancorp or generate 0.0% return on investment in Northeast Indiana over 720 days. Northeast Indiana is related to or competes with FFW, Commercial National, Partners Bank, Citba Financial, Harford Bank, Lifestore Financial, and United National. Northeast Indiana Bancorp, Inc. operates as the bank holding company for First Federal Savings Bank that provides variou... More
Northeast Indiana 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 Northeast Indiana'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 Northeast Indiana Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | (0.0004) | |||
| Maximum Drawdown | 7.18 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.87 |
Northeast Indiana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northeast Indiana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northeast Indiana's standard deviation. In reality, there are many statistical measures that can use Northeast Indiana historical prices to predict the future Northeast Indiana's volatility.| Risk Adjusted Performance | 0.0741 | |||
| Jensen Alpha | 0.0929 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.0002) | |||
| Treynor Ratio | (0.79) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northeast Indiana's 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.
Northeast Indiana Bancorp Backtested Returns
At this point, Northeast Indiana is very steady. Northeast Indiana Bancorp has Sharpe Ratio of 0.0955, which conveys that the firm had a 0.0955 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Northeast Indiana, which you can use to evaluate the volatility of the firm. Please verify Northeast Indiana's Downside Deviation of 2.43, mean deviation of 0.4638, and Risk Adjusted Performance of 0.0741 to check out if the risk estimate we provide is consistent with the expected return of 0.0959%. Northeast Indiana has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Northeast Indiana are expected to decrease at a much lower rate. During the bear market, Northeast Indiana is likely to outperform the market. Northeast Indiana Bancorp right now secures a risk of 1.0%. Please verify Northeast Indiana Bancorp downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to decide if Northeast Indiana Bancorp will be following its current price movements.
Auto-correlation | 0.47 |
Average predictability
Northeast Indiana Bancorp has average predictability. Overlapping area represents the amount of predictability between Northeast Indiana time series from 23rd of January 2024 to 17th of January 2025 and 17th of January 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northeast Indiana Bancorp price movement. The serial correlation of 0.47 indicates that about 47.0% of current Northeast Indiana price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 1.36 |
Northeast Indiana Bancorp lagged returns against current returns
Autocorrelation, which is Northeast Indiana 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 Northeast Indiana's otc stock expected returns. We can calculate the autocorrelation of Northeast Indiana returns to help us make a trade decision. For example, suppose you find that Northeast Indiana 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 |
Northeast Indiana 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 Northeast Indiana otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northeast Indiana otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northeast Indiana otc stock over time.
Current vs Lagged Prices |
| Timeline |
Northeast Indiana Lagged Returns
When evaluating Northeast Indiana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northeast Indiana otc stock have on its future price. Northeast Indiana 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, Northeast Indiana autocorrelation shows the relationship between Northeast Indiana otc stock current value and its past values and can show if there is a momentum factor associated with investing in Northeast Indiana 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 Northeast OTC Stock
Northeast Indiana financial ratios help investors to determine whether Northeast 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 Northeast with respect to the benefits of owning Northeast Indiana security.