Oxford Bank Stock Market Value
| OXBC Stock | USD 33.50 0.10 0.30% |
| Symbol | Oxford |
Oxford Bank '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 Oxford Bank'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 Oxford Bank.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Oxford Bank on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Oxford Bank or generate 0.0% return on investment in Oxford Bank over 30 days. Oxford Bank is related to or competes with PSB Holdings, and United Overseas. Oxford Bank Corporation provides banking products and services to various customers in Michigan More
Oxford Bank 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 Oxford Bank'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 Oxford Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.778 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.7326 |
Oxford Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oxford Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oxford Bank's standard deviation. In reality, there are many statistical measures that can use Oxford Bank historical prices to predict the future Oxford Bank's volatility.| Risk Adjusted Performance | 0.092 | |||
| Jensen Alpha | 0.0309 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.292 |
Oxford Bank Backtested Returns
At this point, Oxford Bank is very steady. Oxford Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oxford Bank, which you can use to evaluate the volatility of the company. Please check Oxford Bank's Risk Adjusted Performance of 0.092, coefficient of variation of 781.76, and Semi Deviation of 0.2346 to confirm if the risk estimate we provide is consistent with the expected return of 0.064%. Oxford Bank has a performance score of 10 on a scale of 0 to 100. The company holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oxford Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oxford Bank is expected to be smaller as well. Oxford Bank right now holds a risk of 0.5%. Please check Oxford Bank information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Oxford Bank will be following its historical price patterns.
Auto-correlation | -0.08 |
Very weak reverse predictability
Oxford Bank has very weak reverse predictability. Overlapping area represents the amount of predictability between Oxford Bank 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 Oxford Bank price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Oxford Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Oxford Bank lagged returns against current returns
Autocorrelation, which is Oxford Bank 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 Oxford Bank's pink sheet expected returns. We can calculate the autocorrelation of Oxford Bank returns to help us make a trade decision. For example, suppose you find that Oxford Bank 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 |
Oxford Bank 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 Oxford Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oxford Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oxford Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Oxford Bank Lagged Returns
When evaluating Oxford Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oxford Bank pink sheet have on its future price. Oxford Bank 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, Oxford Bank autocorrelation shows the relationship between Oxford Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Oxford Bank.
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 Oxford Pink Sheet
Oxford Bank financial ratios help investors to determine whether Oxford 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 Oxford with respect to the benefits of owning Oxford Bank security.