Katahdin Bankshares Corp Stock Market Value
| KTHN Stock | USD 25.00 0.03 0.12% |
| Symbol | Katahdin |
Katahdin Bankshares '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 Katahdin Bankshares' 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 Katahdin Bankshares.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in Katahdin Bankshares on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Katahdin Bankshares Corp or generate 0.0% return on investment in Katahdin Bankshares over 720 days. Katahdin Bankshares is related to or competes with FNB, Mifflinburg Bancorp, Commercial National, Apollo Bancorp, Home Federal, Affinity Bancshares, and Community West. Katahdin Bankshares Corp. operates as the bank holding company for Katahdin Trust Company, a state-chartered commercial ... More
Katahdin Bankshares 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 Katahdin Bankshares' 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 Katahdin Bankshares Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.1243 | |||
| Maximum Drawdown | 8.57 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.85 |
Katahdin Bankshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Katahdin Bankshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Katahdin Bankshares' standard deviation. In reality, there are many statistical measures that can use Katahdin Bankshares historical prices to predict the future Katahdin Bankshares' volatility.| Risk Adjusted Performance | 0.1234 | |||
| Jensen Alpha | 0.1862 | |||
| Total Risk Alpha | 0.1418 | |||
| Sortino Ratio | 0.0924 | |||
| Treynor Ratio | (0.39) |
Katahdin Bankshares Corp Backtested Returns
Katahdin Bankshares appears to be very steady, given 3 months investment horizon. Katahdin Bankshares Corp has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Katahdin Bankshares, which you can use to evaluate the volatility of the firm. Please exercise Katahdin Bankshares' Downside Deviation of 1.67, risk adjusted performance of 0.1234, and Mean Deviation of 0.7287 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Katahdin Bankshares holds a performance score of 12. The company secures a Beta (Market Risk) of -0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Katahdin Bankshares are expected to decrease at a much lower rate. During the bear market, Katahdin Bankshares is likely to outperform the market. Please check Katahdin Bankshares' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Katahdin Bankshares' current price movements will revert.
Auto-correlation | 0.32 |
Below average predictability
Katahdin Bankshares Corp has below average predictability. Overlapping area represents the amount of predictability between Katahdin Bankshares time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th 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 Katahdin Bankshares Corp price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Katahdin Bankshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.46 |
Katahdin Bankshares Corp lagged returns against current returns
Autocorrelation, which is Katahdin Bankshares 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 Katahdin Bankshares' otc stock expected returns. We can calculate the autocorrelation of Katahdin Bankshares returns to help us make a trade decision. For example, suppose you find that Katahdin Bankshares 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 |
Katahdin Bankshares 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 Katahdin Bankshares otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Katahdin Bankshares otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Katahdin Bankshares otc stock over time.
Current vs Lagged Prices |
| Timeline |
Katahdin Bankshares Lagged Returns
When evaluating Katahdin Bankshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Katahdin Bankshares otc stock have on its future price. Katahdin Bankshares 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, Katahdin Bankshares autocorrelation shows the relationship between Katahdin Bankshares otc stock current value and its past values and can show if there is a momentum factor associated with investing in Katahdin Bankshares Corp.
Regressed Prices |
| Timeline |
Other Information on Investing in Katahdin OTC Stock
Katahdin Bankshares financial ratios help investors to determine whether Katahdin 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 Katahdin with respect to the benefits of owning Katahdin Bankshares security.