Absecon Bancorp Stock Market Value
| ASCN Stock | USD 98.00 0.50 0.51% |
| Symbol | Absecon |
Absecon 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 Absecon Bancorp'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 Absecon Bancorp.
| 05/26/2025 |
| 08/24/2025 |
If you would invest 0.00 in Absecon Bancorp on May 26, 2025 and sell it all today you would earn a total of 0.00 from holding Absecon Bancorp or generate 0.0% return on investment in Absecon Bancorp over 90 days. Absecon Bancorp is related to or competes with Columbia Financial, PNC Financial, Apollo Bancorp, Baraboo Bancorporation, and American Riviera. Absecon Bancorp operates as the bank holding company for The First National Bank of Absecon that provides various person... More
Absecon 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 Absecon Bancorp'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 Absecon Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 11.47 | |||
| Potential Upside | 0.8646 |
Absecon Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absecon Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Absecon Bancorp's standard deviation. In reality, there are many statistical measures that can use Absecon Bancorp historical prices to predict the future Absecon Bancorp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.4943 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Absecon 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.
Absecon Bancorp Backtested Returns
Absecon Bancorp secures Sharpe Ratio (or Efficiency) of -0.0336, which signifies that the company had a -0.0336 % return per unit of risk over the last 3 months. Absecon Bancorp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Absecon Bancorp's Risk Adjusted Performance of (0.02), standard deviation of 1.2, and Mean Deviation of 0.3238 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Absecon Bancorp are expected to decrease at a much lower rate. During the bear market, Absecon Bancorp is likely to outperform the market. At this point, Absecon Bancorp has a negative expected return of -0.0404%. Please make sure to confirm Absecon Bancorp's skewness, as well as the relationship between the day median price and relative strength index , to decide if Absecon Bancorp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Absecon Bancorp has below average predictability. Overlapping area represents the amount of predictability between Absecon Bancorp time series from 26th of May 2025 to 10th of July 2025 and 10th of July 2025 to 24th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Absecon Bancorp price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Absecon Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 1.62 |
Absecon Bancorp lagged returns against current returns
Autocorrelation, which is Absecon Bancorp 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 Absecon Bancorp's pink sheet expected returns. We can calculate the autocorrelation of Absecon Bancorp returns to help us make a trade decision. For example, suppose you find that Absecon Bancorp 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 |
Absecon 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 Absecon Bancorp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Absecon Bancorp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Absecon Bancorp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Absecon Bancorp Lagged Returns
When evaluating Absecon Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Absecon Bancorp pink sheet have on its future price. Absecon 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, Absecon Bancorp autocorrelation shows the relationship between Absecon Bancorp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Absecon Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with Absecon Bancorp
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 Absecon Bancorp 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 Absecon Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Absecon Pink Sheet
Moving against Absecon Pink Sheet
| 0.86 | USB-PH | US Bancorp | PairCorr |
| 0.61 | SHG | Shinhan Financial | PairCorr |
| 0.56 | WF | Woori Financial Group | PairCorr |
| 0.54 | BNPQF | BNP Paribas SA | PairCorr |
| 0.5 | BP | BP PLC ADR | PairCorr |
The ability to find closely correlated positions to Absecon Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Absecon Bancorp 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 Absecon Bancorp - 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 Absecon Bancorp to buy it.
The correlation of Absecon Bancorp 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 Absecon Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Absecon Bancorp 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 Absecon Bancorp 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.Other Information on Investing in Absecon Pink Sheet
Absecon Bancorp financial ratios help investors to determine whether Absecon Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Absecon with respect to the benefits of owning Absecon Bancorp security.