Eagle Financial Services Stock Market Value
| EFSI Stock | USD 28.39 0.09 0.32% |
| Symbol | Eagle |
Eagle 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 Eagle Financial's otc stock 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 Eagle Financial.
| 04/30/2023 |
| 04/24/2024 |
If you would invest 0.00 in Eagle Financial on April 30, 2023 and sell it all today you would earn a total of 0.00 from holding Eagle Financial Services or generate 0.0% return on investment in Eagle Financial over 360 days. Eagle Financial is related to or competes with Allspring Global, BNY Mellon, Pioneer High, Allspring Utilities, Allspring Income, First TrustAberdeen, and Allianzgi Convertible. Eagle Financial Services, Inc. operates as the bank holding company for Bank of Clarke County that provides various reta... More
Eagle 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 Eagle Financial's otc stock 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 Eagle Financial Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 5.41 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 0.6102 |
Eagle Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Financial's standard deviation. In reality, there are many statistical measures that can use Eagle Financial historical prices to predict the future Eagle Financial's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.35) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle Financial's 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.
Eagle Financial Services Backtested Returns
Eagle Financial Services secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Eagle Financial Services exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eagle Financial's Variance of 0.5418, mean deviation of 0.361, and Standard Deviation of 0.7361 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, Eagle Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eagle Financial is expected to be smaller as well. Eagle Financial Services has an expected return of -0.0862%. Please make sure to confirm Eagle Financial Services potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Eagle Financial Services performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Eagle Financial Services has weak predictability. Overlapping area represents the amount of predictability between Eagle Financial time series from 30th of April 2023 to 27th of October 2023 and 27th of October 2023 to 24th of April 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 Eagle Financial Services price movement. The serial correlation of 0.22 indicates that over 22.0% of current Eagle Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Eagle Financial Services lagged returns against current returns
Autocorrelation, which is Eagle Financial otc stock'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 Eagle Financial's otc stock expected returns. We can calculate the autocorrelation of Eagle Financial returns to help us make a trade decision. For example, suppose you find that Eagle Financial has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
Eagle 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 Eagle Financial otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Financial otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Financial otc stock over time.
Current vs Lagged Prices |
| Timeline |
Eagle Financial Lagged Returns
When evaluating Eagle Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Financial otc stock have on its future price. Eagle 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, Eagle Financial autocorrelation shows the relationship between Eagle Financial otc stock current value and its past values and can show if there is a momentum factor associated with investing in Eagle Financial Services.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eagle Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eagle Financial's short interest history, or implied volatility extrapolated from Eagle Financial options trading.
Pair Trading with Eagle Financial
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 Eagle Financial 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 Eagle Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Eagle OTC Stock
| 0.56 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.44 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.43 | MMM | 3M Company Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Eagle Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Financial 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 Eagle Financial - 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 Eagle Financial Services to buy it.
The correlation of Eagle Financial 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 Eagle Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Financial Services 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 Eagle Financial 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.Check out Eagle Financial Correlation, Eagle Financial Volatility and Eagle Financial Alpha and Beta module to complement your research on Eagle Financial. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Eagle OTC Stock analysis
When running Eagle Financial's price analysis, check to measure Eagle Financial's 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 Eagle Financial is operating at the current time. Most of Eagle Financial's value examination focuses on studying past and present price action to predict the probability of Eagle Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Financial's price. Additionally, you may evaluate how the addition of Eagle Financial to your portfolios can decrease your overall portfolio volatility.
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Eagle Financial technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.