Embassy Bancorp Stock Market Value
| EMYB Stock | USD 16.45 0.25 1.54% |
| Symbol | Embassy |
Embassy 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 Embassy Bancorp's otc 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 Embassy Bancorp.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Embassy Bancorp on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Embassy Bancorp or generate 0.0% return on investment in Embassy Bancorp over 30 days. Embassy Bancorp is related to or competes with Pioneer Bankcorp, Liberty Northwest, First CommunityPFD, and Coeur DAlene. Embassy Bancorp, Inc. operates as the bank holding company for the Embassy Bank for the Lehigh Valley that provides trad... More
Embassy 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 Embassy Bancorp's otc 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 Embassy Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.64 | |||
| Potential Upside | 0.9231 |
Embassy Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embassy Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embassy Bancorp's standard deviation. In reality, there are many statistical measures that can use Embassy Bancorp historical prices to predict the future Embassy Bancorp's volatility.| Risk Adjusted Performance | 0.1295 | |||
| Jensen Alpha | 0.0758 | |||
| Total Risk Alpha | 0.011 | |||
| Treynor Ratio | 1.49 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Embassy 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.
Embassy Bancorp Backtested Returns
At this point, Embassy Bancorp is very steady. Embassy Bancorp secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Embassy Bancorp, which you can use to evaluate the volatility of the firm. Please confirm Embassy Bancorp's Standard Deviation of 0.5202, coefficient of variation of 568.64, and Mean Deviation of 0.2359 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Embassy Bancorp has a performance score of 15 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0548, which means not very significant fluctuations relative to the market. As returns on the market increase, Embassy Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Embassy Bancorp is expected to be smaller as well. Embassy Bancorp right now shows a risk of 0.52%. Please confirm Embassy Bancorp standard deviation, accumulation distribution, relative strength index, as well as the relationship between the maximum drawdown and day typical price , to decide if Embassy Bancorp will be following its price patterns.
Auto-correlation | 0.79 |
Good predictability
Embassy Bancorp has good predictability. Overlapping area represents the amount of predictability between Embassy Bancorp time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Embassy Bancorp price movement. The serial correlation of 0.79 indicates that around 79.0% of current Embassy Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Embassy Bancorp lagged returns against current returns
Autocorrelation, which is Embassy Bancorp otc 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 Embassy Bancorp's otc stock expected returns. We can calculate the autocorrelation of Embassy Bancorp returns to help us make a trade decision. For example, suppose you find that Embassy Bancorp has exhibited high autocorrelation historically, and you observe that the otc 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 |
Embassy 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 Embassy Bancorp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embassy Bancorp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embassy Bancorp otc stock over time.
Current vs Lagged Prices |
| Timeline |
Embassy Bancorp Lagged Returns
When evaluating Embassy Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embassy Bancorp otc stock have on its future price. Embassy 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, Embassy Bancorp autocorrelation shows the relationship between Embassy Bancorp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Embassy Bancorp.
Regressed Prices |
| Timeline |
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.Other Information on Investing in Embassy OTC Stock
Embassy Bancorp financial ratios help investors to determine whether Embassy OTC 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 Embassy with respect to the benefits of owning Embassy Bancorp security.