Somerset Trust Holding Stock Market Value
| SOME Stock | USD 44.90 0.10 0.22% |
| Symbol | Somerset |
Somerset Trust '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 Somerset Trust'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 Somerset Trust.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Somerset Trust on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Somerset Trust Holding or generate 0.0% return on investment in Somerset Trust over 720 days. Somerset Trust is related to or competes with Invesco High, Blackrock Muniholdings, MFS Investment, and Federated Premier. Somerset Trust Holding Company operates as the bank holding company for Somerset Trust Company that provides banking pro... More
Somerset Trust 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 Somerset Trust'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 Somerset Trust Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | 0.0483 | |||
| Maximum Drawdown | 7.91 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.33 |
Somerset Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Somerset Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Somerset Trust's standard deviation. In reality, there are many statistical measures that can use Somerset Trust historical prices to predict the future Somerset Trust's volatility.| Risk Adjusted Performance | 0.1144 | |||
| Jensen Alpha | 0.1924 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0273 | |||
| Treynor Ratio | (4.29) |
Somerset Trust Holding Backtested Returns
At this point, Somerset Trust is very steady. Somerset Trust Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Somerset Trust Holding, which you can use to evaluate the volatility of the company. Please validate Somerset Trust's Semi Deviation of 1.06, risk adjusted performance of 0.1144, and Coefficient Of Variation of 697.09 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Somerset Trust has a performance score of 9 on a scale of 0 to 100. The entity has a beta of -0.0436, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Somerset Trust are expected to decrease at a much lower rate. During the bear market, Somerset Trust is likely to outperform the market. Somerset Trust Holding right now has a risk of 1.38%. Please validate Somerset Trust downside variance, and the relationship between the treynor ratio and kurtosis , to decide if Somerset Trust will be following its existing price patterns.
Auto-correlation | 0.15 |
Insignificant predictability
Somerset Trust Holding has insignificant predictability. Overlapping area represents the amount of predictability between Somerset Trust time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 Somerset Trust Holding price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Somerset Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 2.07 |
Somerset Trust Holding lagged returns against current returns
Autocorrelation, which is Somerset Trust 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 Somerset Trust's pink sheet expected returns. We can calculate the autocorrelation of Somerset Trust returns to help us make a trade decision. For example, suppose you find that Somerset Trust 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 |
Somerset Trust 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 Somerset Trust pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Somerset Trust pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Somerset Trust pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Somerset Trust Lagged Returns
When evaluating Somerset Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Somerset Trust pink sheet have on its future price. Somerset Trust 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, Somerset Trust autocorrelation shows the relationship between Somerset Trust pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Somerset Trust Holding.
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 Somerset Pink Sheet
Somerset Trust financial ratios help investors to determine whether Somerset 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 Somerset with respect to the benefits of owning Somerset Trust security.