Mt Bank Preferred Stock Market Value
| MTB-PH Preferred Stock | 24.44 0.27 1.09% |
| Symbol | MTB-PH |
MT 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 MT Bank'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 MT Bank.
| 06/22/2024 |
| 12/19/2024 |
If you would invest 0.00 in MT Bank on June 22, 2024 and sell it all today you would earn a total of 0.00 from holding MT Bank or generate 0.0% return on investment in MT Bank over 180 days. MT Bank is related to or competes with Truist Financial, KeyCorp, Regions Financial, Morningstar Unconstrained, Thrivent High, High Yield, and Via Renewables. More
MT 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 MT Bank'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 MT Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.25 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.46 |
MT Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MT Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MT Bank's standard deviation. In reality, there are many statistical measures that can use MT Bank historical prices to predict the future MT Bank's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.27) |
MT Bank Backtested Returns
MT Bank retains Efficiency (Sharpe Ratio) of -0.0396, which conveys that the firm had a -0.0396% return per unit of price deviation over the last 3 months. MT Bank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MT Bank's Mean Deviation of 0.5475, information ratio of (0.07), and Market Risk Adjusted Performance of (0.26) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MT Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding MT Bank is expected to be smaller as well. At this point, MT Bank has a negative expected return of -0.0322%. Please make sure to verify MT Bank's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if MT Bank performance from the past will be repeated sooner or later.
Auto-correlation | -0.04 |
Very weak reverse predictability
MT Bank has very weak reverse predictability. Overlapping area represents the amount of predictability between MT Bank time series from 22nd of June 2024 to 20th of September 2024 and 20th of September 2024 to 19th 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 MT Bank price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current MT Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
MT Bank lagged returns against current returns
Autocorrelation, which is MT Bank 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 MT Bank's preferred stock expected returns. We can calculate the autocorrelation of MT Bank returns to help us make a trade decision. For example, suppose you find that MT Bank 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 |
MT 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 MT Bank preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MT Bank preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MT Bank preferred stock over time.
Current vs Lagged Prices |
| Timeline |
MT Bank Lagged Returns
When evaluating MT Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MT Bank preferred stock have on its future price. MT 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, MT Bank autocorrelation shows the relationship between MT Bank preferred stock current value and its past values and can show if there is a momentum factor associated with investing in MT Bank.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MTB-PH Preferred Stock
MT Bank financial ratios help investors to determine whether MTB-PH 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 MTB-PH with respect to the benefits of owning MT Bank security.