US Bancorp (Brazil) Market Value
| USBC34 Stock | BRL 52.75 0.30 0.57% |
| Symbol | USBC34 |
US Bancorp '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 US Bancorp's 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 US Bancorp.
| 03/31/2024 |
| 04/30/2024 |
If you would invest 0.00 in US Bancorp on March 31, 2024 and sell it all today you would earn a total of 0.00 from holding US Bancorp or generate 0.0% return on investment in US Bancorp over 30 days. US Bancorp is related to or competes with Take Two, Ross Stores, Mitsubishi UFJ, Micron Technology, Capital One, Deutsche Bank, and Technos SA. Bancorp, a financial services holding company, provides various financial services in the United States More
US Bancorp 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 US Bancorp's 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 US Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.58 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 25.61 | |||
| Value At Risk | (4.97) | |||
| Potential Upside | 4.85 |
US Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as US Bancorp's standard deviation. In reality, there are many statistical measures that can use US Bancorp historical prices to predict the future US Bancorp's volatility.| Risk Adjusted Performance | 0.0158 | |||
| Jensen Alpha | 0.0236 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.56) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of US Bancorp'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.
US Bancorp Backtested Returns
We consider US Bancorp very steady. US Bancorp retains Efficiency (Sharpe Ratio) of 0.0046, which indicates the firm had a 0.0046% return per unit of price deviation over the last 16 months. We have found thirty technical indicators for US Bancorp, which you can use to evaluate the volatility of the company. Please validate US Bancorp's Mean Deviation of 1.96, downside deviation of 3.58, and Risk Adjusted Performance of 0.0158 to confirm if the risk estimate we provide is consistent with the expected return of 0.0132%. The entity owns a Beta (Systematic Risk) of -0.0405, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning US Bancorp are expected to decrease at a much lower rate. During the bear market, US Bancorp is likely to outperform the market. US Bancorp at this moment owns a risk of 2.87%. Please validate US Bancorp market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if US Bancorp will be following its current price history.
Auto-correlation | 0.31 |
Below average predictability
US Bancorp has below average predictability. Overlapping area represents the amount of predictability between US Bancorp time series from 31st of March 2024 to 15th of April 2024 and 15th of April 2024 to 30th 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 US Bancorp price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current US Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
US Bancorp lagged returns against current returns
Autocorrelation, which is US Bancorp 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 US Bancorp's stock expected returns. We can calculate the autocorrelation of US Bancorp returns to help us make a trade decision. For example, suppose you find that US Bancorp has exhibited high autocorrelation historically, and you observe that the 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 |
US Bancorp 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 US Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if US Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in US Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
US Bancorp Lagged Returns
When evaluating US Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of US Bancorp stock have on its future price. US Bancorp 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, US Bancorp autocorrelation shows the relationship between US Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in US Bancorp.
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.When determining whether US Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Us Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Us Bancorp Stock:Check out US Bancorp Correlation, US Bancorp Volatility and US Bancorp Alpha and Beta module to complement your research on US Bancorp. For information on how to trade USBC34 Stock refer to our How to Trade USBC34 Stock guide.Note that the US Bancorp information on this page should be used as a complementary analysis to other US Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for USBC34 Stock analysis
When running US Bancorp's price analysis, check to measure US Bancorp'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 US Bancorp is operating at the current time. Most of US Bancorp's value examination focuses on studying past and present price action to predict the probability of US Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move US Bancorp's price. Additionally, you may evaluate how the addition of US Bancorp to your portfolios can decrease your overall portfolio volatility.
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US Bancorp technical 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, stock market cycles, or different charting patterns.