Jonestown Bank And Stock Market Value
| JBTC Stock | USD 29.00 0.50 1.69% |
| Symbol | Jonestown |
Jonestown Bank '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 Jonestown Bank'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 Jonestown Bank.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Jonestown Bank on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Jonestown Bank and or generate 0.0% return on investment in Jonestown Bank over 30 days. Jonestown Bank is related to or competes with Ledyard Financial, JD Bancshares, LINKBANCORP, Dimeco, and Lyons Bancorp. JBT Bancorp Inc. operates as the holding company for Jonestown Bank and Trust Company that provides banking services in ... More
Jonestown Bank 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 Jonestown Bank'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 Jonestown Bank and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.05 | |||
| Information Ratio | 0.1292 | |||
| Maximum Drawdown | 11.3 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 3.79 |
Jonestown Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jonestown Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jonestown Bank's standard deviation. In reality, there are many statistical measures that can use Jonestown Bank historical prices to predict the future Jonestown Bank's volatility.| Risk Adjusted Performance | 0.1138 | |||
| Jensen Alpha | 0.2479 | |||
| Total Risk Alpha | 0.2492 | |||
| Sortino Ratio | 0.0814 | |||
| Treynor Ratio | (25.56) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jonestown Bank'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.
Jonestown Bank Backtested Returns
Jonestown Bank appears to be very steady, given 3 months investment horizon. Jonestown Bank holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jonestown Bank, which you can use to evaluate the volatility of the firm. Please utilize Jonestown Bank's Downside Deviation of 3.05, market risk adjusted performance of (25.55), and Risk Adjusted Performance of 0.1138 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jonestown Bank holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.0097, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jonestown Bank are expected to decrease at a much lower rate. During the bear market, Jonestown Bank is likely to outperform the market. Please check Jonestown Bank's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Jonestown Bank's current trending patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Jonestown Bank and has no correlation between past and present. Overlapping area represents the amount of predictability between Jonestown Bank time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Jonestown Bank price movement. The serial correlation of 0.0 indicates that just 0.0% of current Jonestown Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Jonestown Bank lagged returns against current returns
Autocorrelation, which is Jonestown Bank 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 Jonestown Bank's otc stock expected returns. We can calculate the autocorrelation of Jonestown Bank returns to help us make a trade decision. For example, suppose you find that Jonestown Bank 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 |
Jonestown Bank 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 Jonestown Bank otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jonestown Bank otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jonestown Bank otc stock over time.
Current vs Lagged Prices |
| Timeline |
Jonestown Bank Lagged Returns
When evaluating Jonestown Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jonestown Bank otc stock have on its future price. Jonestown Bank 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, Jonestown Bank autocorrelation shows the relationship between Jonestown Bank otc stock current value and its past values and can show if there is a momentum factor associated with investing in Jonestown Bank and.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Jonestown OTC Stock
Jonestown Bank financial ratios help investors to determine whether Jonestown 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 Jonestown with respect to the benefits of owning Jonestown Bank security.