Esquire Financial Backtesting

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ESQ -- USA Stock  

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

Esquire Financial '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 Esquire Financial on October 22, 2019 and sell it all today you would earn a total of 0.00 from holding Esquire Financial Holdings or generate 0.0% return on investment in Esquire Financial over 90 days. Esquire Financial is related to or competes with Byline Bancorp, Bridgewater Bancshares, Coastal Financial, FB Financial, FSB Bancorp, and FVCBankcorp. Esquire Financial Holdings, Inc. operates as the bank holding company for Esquire Bank, National Association that provid...

Esquire Financial Upside/Downside Indicators

Downside Deviation1.69
Information Ratio(0.020307)
Maximum Drawdown11.07
Value At Risk(2.43)
Potential Upside2.89

Esquire Financial Market Premium Indicators

Risk Adjusted Performance0.0322
Jensen Alpha(0.08)
Total Risk Alpha(0.34)
Sortino Ratio(0.020912)
Treynor Ratio0.0586

Esquire Financial Backtested Returns

We consider Esquire Financial not too volatile. Esquire Financial secures Sharpe Ratio (or Efficiency) of 0.0779 which denotes the organization had 0.0779% of return per unit of risk over the last 3 months. Our philosophy towards predicting 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 Esquire Financial Holdings which you can use to evaluate future volatility of the firm. Please confirm Esquire Financial Downside Deviation of 1.69, Mean Deviation of 1.22 and Coefficient Of Variation of 1916.92 to check if risk estimate we provide are consistent with the epected return of 0.1333%. Esquire Financial has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.3784 which denotes to the fact that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Esquire Financial will likely underperform. Although it is extremely important to respect Esquire Financial historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting 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 reviewing Esquire Financial technical indicators you can presently evaluate if the expected return of 0.1333% will be sustainable into the future. Esquire Financial right now shows a risk of 1.71%. Please confirm Esquire Financial Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Esquire Financial will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.18 
correlation synergy

Very weak predictability

Esquire Financial Holdings has very weak predictability. Overlapping area represents the amount of predictability between Esquire Financial 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 Esquire Financial price movement. The serial correlation of 0.18 indicates that over 18.0% of current Esquire Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.18
Spearman Rank Test-0.3
Residual Average0.0
Price Variance0.39

Esquire Financial lagged returns against current returns

 Current and Lagged Values 

Esquire Financial regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Esquire Financial Lagged Returns

 Regressed Prices 

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Esquire Financial Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Esquire 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
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Continue to Esquire Financial Hype Analysis, Esquire Financial Correlation, Esquire Financial Valuation, Esquire Financial Volatility as well as analyze Esquire Financial Alpha and Beta and Esquire Financial Performance. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.