Solvay Bank Corp Stock Market Value
| SOBS Stock | USD 28.14 0.44 1.54% |
| Symbol | Solvay |
Solvay 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 Solvay 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 Solvay Bank.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in Solvay Bank on May 4, 2023 and sell it all today you would earn a total of 0.00 from holding Solvay Bank Corp or generate 0.0% return on investment in Solvay Bank over 570 days. Solvay Bank is related to or competes with Southern Michigan, Summit Bancshares, Tri-County Financial, QNB Corp, and Southeastern Banking. Solvay Bank Corp. operates as the bank holding company for Solvay Bank that provides various banking products and servic... More
Solvay 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 Solvay 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 Solvay Bank Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.42 | |||
| Information Ratio | 0.0194 | |||
| Maximum Drawdown | 13.06 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 2.5 |
Solvay Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solvay Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solvay Bank's standard deviation. In reality, there are many statistical measures that can use Solvay Bank historical prices to predict the future Solvay Bank's volatility.| Risk Adjusted Performance | 0.0771 | |||
| Jensen Alpha | 0.1319 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0078 | |||
| Treynor Ratio | 0.8055 |
Solvay Bank Corp Backtested Returns
Currently, Solvay Bank Corp is very steady. Solvay Bank Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.059, which indicates the firm had a 0.059% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Solvay Bank Corp, which you can use to evaluate the volatility of the company. Please validate Solvay Bank's Risk Adjusted Performance of 0.0771, coefficient of variation of 1073.13, and Semi Deviation of 1.56 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Solvay Bank has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Solvay Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Solvay Bank is expected to be smaller as well. Solvay Bank Corp right now has a risk of 1.71%. Please validate Solvay Bank maximum drawdown, as well as the relationship between the expected short fall and day median price , to decide if Solvay Bank will be following its existing price patterns.
Auto-correlation | 0.50 |
Modest predictability
Solvay Bank Corp has modest predictability. Overlapping area represents the amount of predictability between Solvay Bank time series from 4th of May 2023 to 13th of February 2024 and 13th of February 2024 to 24th 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 Solvay Bank Corp price movement. The serial correlation of 0.5 indicates that about 50.0% of current Solvay Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1.76 |
Solvay Bank Corp lagged returns against current returns
Autocorrelation, which is Solvay 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 Solvay Bank's pink sheet expected returns. We can calculate the autocorrelation of Solvay Bank returns to help us make a trade decision. For example, suppose you find that Solvay 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 |
Solvay 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 Solvay Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solvay 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 Solvay Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Solvay Bank Lagged Returns
When evaluating Solvay Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solvay Bank pink sheet have on its future price. Solvay 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, Solvay Bank autocorrelation shows the relationship between Solvay Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Solvay Bank Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Solvay Pink Sheet Analysis
When running Solvay Bank's price analysis, check to measure Solvay Bank'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 Solvay Bank is operating at the current time. Most of Solvay Bank's value examination focuses on studying past and present price action to predict the probability of Solvay Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solvay Bank's price. Additionally, you may evaluate how the addition of Solvay Bank to your portfolios can decrease your overall portfolio volatility.