Two Rivers Financial Stock Market Value
| TRVR Stock | USD 34.00 1.00 3.03% |
| Symbol | Two |
Two Rivers '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 Two Rivers' 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 Two Rivers.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Two Rivers on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Two Rivers Financial or generate 0.0% return on investment in Two Rivers over 30 days. Two Rivers is related to or competes with First Capital, Civista Bancshares, Finward Bancorp, Heritage Financial, Community West, Magyar Bancorp, and Home Bancorp. Two Rivers Financial Group, Inc., through its subsidiaries, offers various banking products and services More
Two Rivers 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 Two Rivers' 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 Two Rivers Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1363 | |||
| Maximum Drawdown | 3.18 | |||
| Potential Upside | 1.67 |
Two Rivers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Two Rivers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Two Rivers' standard deviation. In reality, there are many statistical measures that can use Two Rivers historical prices to predict the future Two Rivers' volatility.| Risk Adjusted Performance | 0.2451 | |||
| Jensen Alpha | 0.2128 | |||
| Total Risk Alpha | 0.1057 | |||
| Treynor Ratio | (4.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Two Rivers' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Two Rivers Financial Backtested Returns
Two Rivers appears to be very steady, given 3 months investment horizon. Two Rivers Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.33, which indicates the firm had a 0.33% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Two Rivers Financial, which you can use to evaluate the volatility of the company. Please review Two Rivers' Risk Adjusted Performance of 0.2451, coefficient of variation of 310.98, and Variance of 0.4577 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Two Rivers holds a performance score of 25. The entity has a beta of -0.0454, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Two Rivers are expected to decrease at a much lower rate. During the bear market, Two Rivers is likely to outperform the market. Please check Two Rivers' total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to make a quick decision on whether Two Rivers' existing price patterns will revert.
Auto-correlation | 0.70 |
Good predictability
Two Rivers Financial has good predictability. Overlapping area represents the amount of predictability between Two Rivers time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Two Rivers Financial price movement. The serial correlation of 0.7 indicates that around 70.0% of current Two Rivers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Two Rivers Financial lagged returns against current returns
Autocorrelation, which is Two Rivers 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 Two Rivers' pink sheet expected returns. We can calculate the autocorrelation of Two Rivers returns to help us make a trade decision. For example, suppose you find that Two Rivers 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 |
Two Rivers 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 Two Rivers pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Two Rivers pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Two Rivers pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Two Rivers Lagged Returns
When evaluating Two Rivers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Two Rivers pink sheet have on its future price. Two Rivers 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, Two Rivers autocorrelation shows the relationship between Two Rivers pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Two Rivers Financial.
Regressed Prices |
| Timeline |
Pair Trading with Two Rivers
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 Two Rivers 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 Two Rivers will appreciate offsetting losses from the drop in the long position's value.Moving against Two Pink Sheet
| 0.88 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.77 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.75 | KO | Coca Cola Sell-off Trend | PairCorr |
| 0.73 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.68 | BNPQY | BNP Paribas SA | PairCorr |
The ability to find closely correlated positions to Two Rivers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Two Rivers 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 Two Rivers - 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 Two Rivers Financial to buy it.
The correlation of Two Rivers 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 Two Rivers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Two Rivers Financial 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 Two Rivers 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 Two Pink Sheet Analysis
When running Two Rivers' price analysis, check to measure Two Rivers' 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 Two Rivers is operating at the current time. Most of Two Rivers' value examination focuses on studying past and present price action to predict the probability of Two Rivers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Two Rivers' price. Additionally, you may evaluate how the addition of Two Rivers to your portfolios can decrease your overall portfolio volatility.