Wtb Financial Stock Market Value
| WTBFB Stock | USD 303.00 1.85 0.61% |
| Symbol | WTB |
WTB Financial '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 WTB Financial'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 WTB Financial.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in WTB Financial on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding WTB Financial or generate 0.0% return on investment in WTB Financial over 30 days. WTB Financial is related to or competes with Pioneer Bankcorp, Liberty Northwest, First CommunityPFD, and Coeur DAlene. Financial Corporation operates as the bank holding company for Washington Trust Bank that provides banking, fiduciary, a... More
WTB Financial 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 WTB Financial'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 WTB Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.902 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.71 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.28 |
WTB Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WTB Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WTB Financial's standard deviation. In reality, there are many statistical measures that can use WTB Financial historical prices to predict the future WTB Financial's volatility.| Risk Adjusted Performance | 0.0909 | |||
| Jensen Alpha | 0.0193 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1625 |
WTB Financial Backtested Returns
At this point, WTB Financial is very steady. WTB Financial retains Efficiency (Sharpe Ratio) of 0.11, which attests that the company had a 0.11% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for WTB Financial, which you can use to evaluate the volatility of the company. Please check out WTB Financial's Standard Deviation of 0.8483, mean deviation of 0.5329, and Market Risk Adjusted Performance of 0.1725 to validate if the risk estimate we provide is consistent with the expected return of 0.0935%. WTB Financial has a performance score of 8 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WTB Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding WTB Financial is expected to be smaller as well. WTB Financial currently owns a risk of 0.87%. Please check out WTB Financial information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if WTB Financial will be following its current price history.
Auto-correlation | 0.55 |
Modest predictability
WTB Financial has modest predictability. Overlapping area represents the amount of predictability between WTB Financial time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 WTB Financial price movement. The serial correlation of 0.55 indicates that about 55.0% of current WTB Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 15.14 |
WTB Financial lagged returns against current returns
Autocorrelation, which is WTB Financial 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 WTB Financial's pink sheet expected returns. We can calculate the autocorrelation of WTB Financial returns to help us make a trade decision. For example, suppose you find that WTB Financial 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 |
WTB Financial 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 WTB Financial pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WTB Financial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WTB Financial pink sheet over time.
Current vs Lagged Prices |
| Timeline |
WTB Financial Lagged Returns
When evaluating WTB Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WTB Financial pink sheet have on its future price. WTB Financial 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, WTB Financial autocorrelation shows the relationship between WTB Financial pink sheet current value and its past values and can show if there is a momentum factor associated with investing in WTB Financial.
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 WTB Pink Sheet
WTB Financial financial ratios help investors to determine whether WTB 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 WTB with respect to the benefits of owning WTB Financial security.