Optimumbank Holdings Stock Market Value
| OPHC Stock | USD 4.94 0.02 0.41% |
| Symbol | OptimumBank |
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OptimumBank Holdings. If investors know OptimumBank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OptimumBank Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of OptimumBank Holdings is measured differently than its book value, which is the value of OptimumBank that is recorded on the company's balance sheet. Investors also form their own opinion of OptimumBank Holdings' value that differs from its market value or its book value, called intrinsic value, which is OptimumBank Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OptimumBank Holdings' market value can be influenced by many factors that don't directly affect OptimumBank Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OptimumBank Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OptimumBank Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OptimumBank Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
OptimumBank Holdings '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 OptimumBank Holdings' 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 OptimumBank Holdings.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in OptimumBank Holdings on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding OptimumBank Holdings or generate 0.0% return on investment in OptimumBank Holdings over 30 days. OptimumBank Holdings is related to or competes with First National, TrustCo Bank, Inter Co, Rhinebeck Bancorp, Plumas Bancorp, Finward Bancorp, and Bankwell Financial. OptimumBank Holdings, Inc. operates as the bank holding company for OptimumBank that provides various consumer and comme... More
OptimumBank Holdings 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 OptimumBank Holdings' 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 OptimumBank Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.0131 | |||
| Maximum Drawdown | 16.79 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.75 |
OptimumBank Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OptimumBank Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OptimumBank Holdings' standard deviation. In reality, there are many statistical measures that can use OptimumBank Holdings historical prices to predict the future OptimumBank Holdings' volatility.| Risk Adjusted Performance | 0.0555 | |||
| Jensen Alpha | 0.1347 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.016 | |||
| Treynor Ratio | (2.13) |
OptimumBank Holdings Backtested Returns
At this point, OptimumBank Holdings is somewhat reliable. OptimumBank Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0676, which implies the firm had a 0.0676% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for OptimumBank Holdings, which you can use to evaluate the volatility of the company. Please check OptimumBank Holdings' Semi Deviation of 1.44, coefficient of variation of 1479.88, and Risk Adjusted Performance of 0.0555 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. OptimumBank Holdings has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of -0.0605, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OptimumBank Holdings are expected to decrease at a much lower rate. During the bear market, OptimumBank Holdings is likely to outperform the market. OptimumBank Holdings right now holds a risk of 2.05%. Please check OptimumBank Holdings maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to decide if OptimumBank Holdings will be following its historical price patterns.
Auto-correlation | 0.17 |
Very weak predictability
OptimumBank Holdings has very weak predictability. Overlapping area represents the amount of predictability between OptimumBank Holdings time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 OptimumBank Holdings price movement. The serial correlation of 0.17 indicates that over 17.0% of current OptimumBank Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
OptimumBank Holdings lagged returns against current returns
Autocorrelation, which is OptimumBank Holdings 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 OptimumBank Holdings' stock expected returns. We can calculate the autocorrelation of OptimumBank Holdings returns to help us make a trade decision. For example, suppose you find that OptimumBank Holdings has exhibited high autocorrelation historically, and you observe that the 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 |
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OptimumBank Holdings 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 OptimumBank Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OptimumBank Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OptimumBank Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
OptimumBank Holdings Lagged Returns
When evaluating OptimumBank Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OptimumBank Holdings stock have on its future price. OptimumBank Holdings 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, OptimumBank Holdings autocorrelation shows the relationship between OptimumBank Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in OptimumBank Holdings.
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.When determining whether OptimumBank Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OptimumBank Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Optimumbank Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optimumbank Holdings Stock:Check out OptimumBank Holdings Correlation, OptimumBank Holdings Volatility and OptimumBank Holdings Alpha and Beta module to complement your research on OptimumBank Holdings. For information on how to trade OptimumBank Stock refer to our How to Trade OptimumBank Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
OptimumBank Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.