New Tripoli Bancorp Stock Market Value
| NTBP Stock | USD 1,188 0.00 0.00% |
| Symbol | New |
New Tripoli '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 New Tripoli'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 New Tripoli.
| 06/21/2024 |
| 01/12/2026 |
If you would invest 0.00 in New Tripoli on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding New Tripoli Bancorp or generate 0.0% return on investment in New Tripoli over 570 days. New Tripoli is related to or competes with Marine Bancorp, Madison County, Cullman Bancorp, Neffs Bancorp, Jonestown Bank, Juniata Valley, and Solvay Bank. New Tripoli Bancorp, Inc. operates as the bank holding company for New Tripoli Bank that provides personal and business ... More
New Tripoli 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 New Tripoli'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 New Tripoli Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 15.85 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.95 |
New Tripoli Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Tripoli's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Tripoli's standard deviation. In reality, there are many statistical measures that can use New Tripoli historical prices to predict the future New Tripoli's volatility.| Risk Adjusted Performance | 0.0308 | |||
| Jensen Alpha | 0.0559 | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.5547 |
New Tripoli Bancorp Backtested Returns
Currently, New Tripoli Bancorp is very steady. New Tripoli Bancorp has Sharpe Ratio of 0.0324, which conveys that the firm had a 0.0324 % return per unit of risk over the last 3 months. We have found eighteen technical indicators for New Tripoli, which you can use to evaluate the volatility of the firm. Please verify New Tripoli's Standard Deviation of 2.36, mean deviation of 0.6668, and Risk Adjusted Performance of 0.0308 to check out if the risk estimate we provide is consistent with the expected return of 0.0771%. New Tripoli has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, New Tripoli's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Tripoli is expected to be smaller as well. New Tripoli Bancorp right now secures a risk of 2.38%. Please verify New Tripoli Bancorp market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness , to decide if New Tripoli Bancorp will be following its current price movements.
Auto-correlation | -0.15 |
Insignificant reverse predictability
New Tripoli Bancorp has insignificant reverse predictability. Overlapping area represents the amount of predictability between New Tripoli time series from 21st of June 2024 to 2nd of April 2025 and 2nd of April 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 New Tripoli Bancorp price movement. The serial correlation of -0.15 indicates that less than 15.0% of current New Tripoli price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 4613.5 |
New Tripoli Bancorp lagged returns against current returns
Autocorrelation, which is New Tripoli 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 New Tripoli's pink sheet expected returns. We can calculate the autocorrelation of New Tripoli returns to help us make a trade decision. For example, suppose you find that New Tripoli 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 |
New Tripoli 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 New Tripoli pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if New Tripoli pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in New Tripoli pink sheet over time.
Current vs Lagged Prices |
| Timeline |
New Tripoli Lagged Returns
When evaluating New Tripoli's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of New Tripoli pink sheet have on its future price. New Tripoli 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, New Tripoli autocorrelation shows the relationship between New Tripoli pink sheet current value and its past values and can show if there is a momentum factor associated with investing in New Tripoli Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with New Tripoli
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Tripoli position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Tripoli will appreciate offsetting losses from the drop in the long position's value.Moving against New Pink Sheet
The ability to find closely correlated positions to New Tripoli could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Tripoli when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Tripoli - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Tripoli Bancorp to buy it.
The correlation of New Tripoli is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Tripoli moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Tripoli Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Tripoli can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for New Pink Sheet Analysis
When running New Tripoli's price analysis, check to measure New Tripoli's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Tripoli is operating at the current time. Most of New Tripoli's value examination focuses on studying past and present price action to predict the probability of New Tripoli's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Tripoli's price. Additionally, you may evaluate how the addition of New Tripoli to your portfolios can decrease your overall portfolio volatility.