Associated Banc Corp Preferred Stock Market Value
| ASB-PF Preferred Stock | USD 21.08 0.14 0.66% |
| Symbol | Associated |
Associated Banc '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 Associated Banc's preferred 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 Associated Banc.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Associated Banc on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Associated Banc Corp or generate 0.0% return on investment in Associated Banc over 30 days. Associated Banc is related to or competes with Associated Banc, Truist Financial, Citizens Financial, Webster Financial, and Truist Financial. More
Associated Banc 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 Associated Banc's preferred 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 Associated Banc Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.18 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.14 |
Associated Banc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Associated Banc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Associated Banc's standard deviation. In reality, there are many statistical measures that can use Associated Banc historical prices to predict the future Associated Banc's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.16) |
Associated Banc Corp Backtested Returns
Associated Banc Corp secures Sharpe Ratio (or Efficiency) of -0.0645, which signifies that the company had a -0.0645% return per unit of risk over the last 3 months. Associated Banc Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Associated Banc's Risk Adjusted Performance of (0.02), standard deviation of 0.7535, and Mean Deviation of 0.5842 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Associated Banc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Associated Banc is expected to be smaller as well. At this point, Associated Banc Corp has a negative expected return of -0.0483%. Please make sure to confirm Associated Banc's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Associated Banc Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.29 |
Poor predictability
Associated Banc Corp has poor predictability. Overlapping area represents the amount of predictability between Associated Banc time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 Associated Banc Corp price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Associated Banc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Associated Banc Corp lagged returns against current returns
Autocorrelation, which is Associated Banc preferred 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 Associated Banc's preferred stock expected returns. We can calculate the autocorrelation of Associated Banc returns to help us make a trade decision. For example, suppose you find that Associated Banc has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Associated Banc 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 Associated Banc preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Associated Banc preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Associated Banc preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Associated Banc Lagged Returns
When evaluating Associated Banc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Associated Banc preferred stock have on its future price. Associated Banc 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, Associated Banc autocorrelation shows the relationship between Associated Banc preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Associated Banc Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Associated Preferred Stock
Associated Banc financial ratios help investors to determine whether Associated Preferred Stock 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 Associated with respect to the benefits of owning Associated Banc security.