1867 Western Financial Stock Market Value
| WFCL Stock | USD 5,150 0.00 0.00% |
| Symbol | 1867 |
1867 Western '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 1867 Western's pink sheet 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 1867 Western.
| 04/01/2024 |
| 05/01/2024 |
If you would invest 0.00 in 1867 Western on April 1, 2024 and sell it all today you would earn a total of 0.00 from holding 1867 Western Financial or generate 0.0% return on investment in 1867 Western over 30 days. 1867 Western is related to or competes with Home Federal, HMN Financial, Affinity Bancshares, Community West, Northfield Bancorp, Sierra Bancorp, and Bogota Financial. 1867 Western Financial Corporation operates as the bank holding company for Bank of Stockton that provides various banki... More
1867 Western 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 1867 Western's pink sheet 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 1867 Western Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 15.15 |
1867 Western Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1867 Western's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1867 Western's standard deviation. In reality, there are many statistical measures that can use 1867 Western historical prices to predict the future 1867 Western's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.9722 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 1867 Western'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.
1867 Western Financial Backtested Returns
We consider 1867 Western out of control. 1867 Western Financial retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the company had a 0.13% return per unit of price deviation over the last 3 months. We have found seventeen technical indicators for 1867 Western, which you can use to evaluate the volatility of the entity. Please confirm 1867 Western's Market Risk Adjusted Performance of 0.9822, variance of 3.91, and Information Ratio of (0.11) to double-check if the risk estimate we provide is consistent with the expected return of 0.0823%. 1867 Western has a performance score of 9 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 1867 Western are expected to decrease at a much lower rate. During the bear market, 1867 Western is likely to outperform the market. 1867 Western Financial today owns a risk of 0.65%. Please confirm 1867 Western Financial variance, as well as the relationship between the skewness and day typical price , to decide if 1867 Western Financial will be following its current price history.
Auto-correlation | 0.00 |
No correlation between past and present
1867 Western Financial has no correlation between past and present. Overlapping area represents the amount of predictability between 1867 Western time series from 1st of April 2024 to 16th of April 2024 and 16th of April 2024 to 1st of May 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 1867 Western Financial price movement. The serial correlation of 0.0 indicates that just 0.0% of current 1867 Western price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
1867 Western Financial lagged returns against current returns
Autocorrelation, which is 1867 Western pink sheet'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 1867 Western's pink sheet expected returns. We can calculate the autocorrelation of 1867 Western returns to help us make a trade decision. For example, suppose you find that 1867 Western has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
1867 Western 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 1867 Western pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1867 Western pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1867 Western pink sheet over time.
Current vs Lagged Prices |
| Timeline |
1867 Western Lagged Returns
When evaluating 1867 Western's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1867 Western pink sheet have on its future price. 1867 Western 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, 1867 Western autocorrelation shows the relationship between 1867 Western pink sheet current value and its past values and can show if there is a momentum factor associated with investing in 1867 Western Financial.
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 1867 Western 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, 1867 Western's short interest history, or implied volatility extrapolated from 1867 Western options trading.
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.Check out 1867 Western Correlation, 1867 Western Volatility and 1867 Western Alpha and Beta module to complement your research on 1867 Western. Note that the 1867 Western Financial information on this page should be used as a complementary analysis to other 1867 Western'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for 1867 Pink Sheet analysis
When running 1867 Western's price analysis, check to measure 1867 Western'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 1867 Western is operating at the current time. Most of 1867 Western's value examination focuses on studying past and present price action to predict the probability of 1867 Western's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1867 Western's price. Additionally, you may evaluate how the addition of 1867 Western to your portfolios can decrease your overall portfolio volatility.
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1867 Western technical pink sheet 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, pink sheet market cycles, or different charting patterns.