Banc Of California Stock Market Value
| BANC-PF Stock | 24.90 0.06 0.24% |
| Symbol | Banc |
Banc of California Price To Book Ratio
Banc Of '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 Banc Of'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 Banc Of.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Banc Of on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Banc of California or generate 0.0% return on investment in Banc Of over 90 days. Banc Of is related to or competes with SohuCom, Gamehost, Barrick Gold, Galaxy Gaming, Ioneer, Motorsport Gaming, and Games Workshop. Banc Of is entity of United States. It is traded as Stock on NYSE exchange. More
Banc Of 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 Banc Of'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 Banc of California upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.432 | |||
| Information Ratio | 0.2557 | |||
| Maximum Drawdown | 2.48 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.9248 |
Banc Of Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banc Of's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banc Of's standard deviation. In reality, there are many statistical measures that can use Banc Of historical prices to predict the future Banc Of's volatility.| Risk Adjusted Performance | 0.042 | |||
| Jensen Alpha | 0.041 | |||
| Total Risk Alpha | 0.0807 | |||
| Sortino Ratio | 0.2948 | |||
| Treynor Ratio | 0.0881 |
Banc of California Backtested Returns
At this point, Banc Of is very steady. Banc of California secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Banc of California, which you can use to evaluate the volatility of the firm. Please confirm Banc Of's Mean Deviation of 0.3874, downside deviation of 0.432, and Risk Adjusted Performance of 0.042 to double-check if the risk estimate we provide is consistent with the expected return of 0.0566%. Banc Of has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Banc Of's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banc Of is expected to be smaller as well. Banc of California right now shows a risk of 0.5%. Please confirm Banc of California total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Banc of California will be following its price patterns.
Auto-correlation | 0.06 |
Virtually no predictability
Banc of California has virtually no predictability. Overlapping area represents the amount of predictability between Banc Of time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 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 Banc of California price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Banc Of price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Banc of California lagged returns against current returns
Autocorrelation, which is Banc Of 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 Banc Of's stock expected returns. We can calculate the autocorrelation of Banc Of returns to help us make a trade decision. For example, suppose you find that Banc Of 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 |
Banc Of 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 Banc Of stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banc Of stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banc Of stock over time.
Current vs Lagged Prices |
| Timeline |
Banc Of Lagged Returns
When evaluating Banc Of's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banc Of stock have on its future price. Banc Of 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, Banc Of autocorrelation shows the relationship between Banc Of stock current value and its past values and can show if there is a momentum factor associated with investing in Banc of California.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Banc Stock
Banc Of financial ratios help investors to determine whether Banc 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 Banc with respect to the benefits of owning Banc Of security.