Coastal Financial Backtesting

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CCB -- USA Stock  

 Earnings Call  This Week

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

Coastal Financial 'What if' Analysis

October 24, 2019
No Change 0.00  0.0 
In 2 months and 31 days
January 22, 2020
If you would invest  0.00  in Coastal Financial on October 24, 2019 and sell it all today you would earn a total of 0.00 from holding Coastal Financial Corporation or generate 0.0% return on investment in Coastal Financial over 90 days. Coastal Financial is related to or competes with Byline Bancorp, FFBW, Bridgewater Bancshares, Esquire Financial, FB Financial, and FSB Bancorp. Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various bank...

Coastal Financial Upside/Downside Indicators

Downside Deviation2.27
Information Ratio(0.011794)
Maximum Drawdown9.54
Value At Risk(3.28)
Potential Upside2.52

Coastal Financial Market Premium Indicators

Risk Adjusted Performance0.0385
Jensen Alpha0.1145
Total Risk Alpha(0.31)
Sortino Ratio(0.008526)
Treynor Ratio(0.70)

Coastal Financial Backtested Returns

We consider Coastal Financial somewhat reliable. Coastal Financial secures Sharpe Ratio (or Efficiency) of 0.0842 which signifies that the organization had 0.0842% of return per unit of standard deviation over the last 3 months. Our philosophy in 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 Coastal Financial Corporation which you can use to evaluate future volatility of the firm. Please confirm Coastal Financial Mean Deviation of 1.07 and Risk Adjusted Performance of 0.0385 to double-check if risk estimate we provide are consistent with the epected return of 0.1417%. Coastal Financial has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1399 which signifies that as returns on market increase, returns on owning Coastal Financial are expected to decrease at a much smaller rate. During bear market, Coastal Financial is likely to outperform the market. Although it is extremely important to respect Coastal Financial historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in 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 Coastal Financial technical indicators you can presently evaluate if the expected return of 0.1417% will be sustainable into the future. Coastal Financial right now shows a risk of 1.68%. Please confirm Coastal Financial Mean Deviation, Standard Deviation, Treynor Ratio, as well as the relationship between Downside Deviation and Information Ratio to decide if Coastal Financial will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.08) 
correlation synergy

Very weak reverse predictability

Coastal Financial Corporation has very weak reverse predictability. Overlapping area represents the amount of predictability between Coastal Financial time series from October 24, 2019 to December 8, 2019 and December 8, 2019 to January 22, 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 Coastal Financial price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Coastal Financial price fluctuation can be explain by its past prices. Given that Coastal Financial Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Coastal Financial for similar time interval.
Correlation Coefficient-0.08
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.13

Coastal Financial lagged returns against current returns

 Current and Lagged Values 

Coastal Financial regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Coastal Financial Lagged Returns

 Regressed Prices 

Current Sentiment - CCB

Coastal Financial Investor Sentiment

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

Coastal Financial Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Coastal Financial 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 Coastal Financial Hype Analysis, Coastal Financial Correlation, Coastal Financial Valuation, Coastal Financial Volatility as well as analyze Coastal Financial Alpha and Beta and Coastal Financial Performance. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.