Bridgewater Bancshares Backtesting

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BWB -- USA Stock  

 Earnings Call  This Week

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Bridgewater Bancshares and determine expected loss or profit from investing in Bridgewater Bancshares over given investment horizon. Continue to Bridgewater Bancshares Hype Analysis, Bridgewater Bancshares Correlation, Bridgewater Bancshares Valuation, Bridgewater Bancshares Volatility as well as analyze Bridgewater Bancshares Alpha and Beta and Bridgewater Bancshares Performance.
Horizon     30 Days    Login   to change

Bridgewater Bancshares 'What if' Analysis

October 22, 2019
No Change 0.00  0.0 
In 3 months and 1 day
January 20, 2020
If you would invest  0.00  in Bridgewater Bancshares on October 22, 2019 and sell it all today you would earn a total of 0.00 from holding Bridgewater Bancshares or generate 0.0% return on investment in Bridgewater Bancshares over 90 days. Bridgewater Bancshares is related to or competes with Byline Bancorp, Coastal Financial, Esquire Financial, FB Financial, FSB Bancorp, and FVCBankcorp. Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products an...

Bridgewater Bancshares Upside/Downside Indicators

Downside Deviation0.9681
Information Ratio(0.14)
Maximum Drawdown4.49
Value At Risk(0.96)
Potential Upside1.01

Bridgewater Bancshares Market Premium Indicators

Risk Adjusted Performance0.0302
Jensen Alpha0.0376
Total Risk Alpha(0.13)
Sortino Ratio(0.09)
Treynor Ratio(0.29)

Bridgewater Bancshares Backtested Returns

We consider Bridgewater Bancshares not too volatile. Bridgewater Bancshares secures Sharpe Ratio (or Efficiency) of 0.1225 which signifies that the organization had 0.1225% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Bridgewater Bancshares which you can use to evaluate future volatility of the firm. Please confirm Bridgewater Bancshares Risk Adjusted Performance of 0.0302, Mean Deviation of 0.3618 and Downside Deviation of 0.9681 to double-check if risk estimate we provide are consistent with the epected return of 0.0952%. Bridgewater Bancshares has performance score of 8 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0915 which signifies that as returns on market increase, returns on owning Bridgewater Bancshares are expected to decrease at a much smaller rate. During bear market, Bridgewater Bancshares is likely to outperform the market. Although it is extremely important to respect Bridgewater Bancshares historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Bridgewater Bancshares technical indicators you can presently evaluate if the expected return of 0.0952% will be sustainable into the future. Bridgewater Bancshares right now shows a risk of 0.7771%. Please confirm Bridgewater Bancshares Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if Bridgewater Bancshares will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.35 
correlation synergy

Below average predictability

Bridgewater Bancshares has below average predictability. Overlapping area represents the amount of predictability between Bridgewater Bancshares time series from October 22, 2019 to December 6, 2019 and December 6, 2019 to January 20, 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bridgewater Bancshares price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Bridgewater Bancshares price fluctuation can be explain by its past prices.
Correlation Coefficient0.35
Spearman Rank Test0.33
Residual Average0.0
Price Variance0.09

Bridgewater Bancshares lagged returns against current returns

 Current and Lagged Values 

Bridgewater Bancshares regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Bridgewater Bancshares Lagged Returns

 Regressed Prices 

Current Sentiment - BWB

Bridgewater Bancshares Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Bridgewater Bancshares. What is your opinion about investing in Bridgewater Bancshares? Are you bullish or bearish?
50% Bullish
50% Bearish

Bridgewater Bancshares Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Bridgewater Bancshares and Byline Bancorp. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Bridgewater Bancshares Hype Analysis, Bridgewater Bancshares Correlation, Bridgewater Bancshares Valuation, Bridgewater Bancshares Volatility as well as analyze Bridgewater Bancshares Alpha and Beta and Bridgewater Bancshares Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.