Pioneer Bankcorp Stock Market Value
| PBKC Stock | USD 44.50 0.00 0.00% |
| Symbol | Pioneer |
Pioneer Bankcorp '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 Pioneer Bankcorp'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 Pioneer Bankcorp.
| 09/19/2024 |
| 10/19/2024 |
If you would invest 0.00 in Pioneer Bankcorp on September 19, 2024 and sell it all today you would earn a total of 0.00 from holding Pioneer Bankcorp or generate 0.0% return on investment in Pioneer Bankcorp over 30 days. Pioneer Bankcorp is related to or competes with Nedbank, KBC Groep, Bank Mandiri, Eurobank Ergasias, PSB Holdings, and United Overseas. Pioneer Bankcorp, Inc. operates as the bank holding company for First Bank that provides banking products and services More
Pioneer Bankcorp 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 Pioneer Bankcorp'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 Pioneer Bankcorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.76 |
Pioneer Bankcorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Bankcorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Bankcorp's standard deviation. In reality, there are many statistical measures that can use Pioneer Bankcorp historical prices to predict the future Pioneer Bankcorp's volatility.| Risk Adjusted Performance | 0.0924 | |||
| Jensen Alpha | 0.075 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 1.28 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pioneer Bankcorp'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.
Pioneer Bankcorp Backtested Returns
At this point, Pioneer Bankcorp is very steady. Pioneer Bankcorp maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Pioneer Bankcorp, which you can use to evaluate the volatility of the company. Please check Pioneer Bankcorp's Coefficient Of Variation of 851.15, variance of 0.5935, and Risk Adjusted Performance of 0.0924 to confirm if the risk estimate we provide is consistent with the expected return of 0.0933%. Pioneer Bankcorp has a performance score of 9 on a scale of 0 to 100. The company holds a Beta of 0.0631, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pioneer Bankcorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer Bankcorp is expected to be smaller as well. Pioneer Bankcorp right now holds a risk of 0.78%. Please check Pioneer Bankcorp jensen alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Pioneer Bankcorp will be following its historical price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Pioneer Bankcorp has no correlation between past and present. Overlapping area represents the amount of predictability between Pioneer Bankcorp time series from 19th of September 2024 to 4th of October 2024 and 4th of October 2024 to 19th of October 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 Pioneer Bankcorp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Pioneer Bankcorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pioneer Bankcorp lagged returns against current returns
Autocorrelation, which is Pioneer Bankcorp 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 Pioneer Bankcorp's pink sheet expected returns. We can calculate the autocorrelation of Pioneer Bankcorp returns to help us make a trade decision. For example, suppose you find that Pioneer Bankcorp 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 |
Pioneer Bankcorp 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 Pioneer Bankcorp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneer Bankcorp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pioneer Bankcorp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Pioneer Bankcorp Lagged Returns
When evaluating Pioneer Bankcorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneer Bankcorp pink sheet have on its future price. Pioneer Bankcorp 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, Pioneer Bankcorp autocorrelation shows the relationship between Pioneer Bankcorp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Pioneer Bankcorp.
Regressed Prices |
| Timeline |
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Other Information on Investing in Pioneer Pink Sheet
Pioneer Bankcorp financial ratios help investors to determine whether Pioneer 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 Pioneer with respect to the benefits of owning Pioneer Bankcorp security.