Partners Bank Of Stock Market Value
| PBKX Stock | USD 9.79 0.24 2.51% |
| Symbol | Partners |
Partners 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 Partners Bank's pink sheet 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 Partners Bank.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Partners Bank on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Partners Bank of or generate 0.0% return on investment in Partners Bank over 720 days. Partners Bank is related to or competes with Bangkok Bank, BOC Hong, China Merchants, Magyar Bancorp, Oak Valley, Plumas Bancorp, and Western New. Partners Bank of California provides personal and business banking products and services to individuals and businesses i... More
Partners 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 Partners Bank's pink sheet 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 Partners Bank of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.96 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 11.26 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 2.51 |
Partners Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Partners Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Partners Bank's standard deviation. In reality, there are many statistical measures that can use Partners Bank historical prices to predict the future Partners Bank's volatility.| Risk Adjusted Performance | 0.0177 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0517 |
Partners Bank Backtested Returns
At this stage we consider Partners Pink Sheet to be not too volatile. Partners Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.0546, which implies the firm had a 0.0546% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Partners Bank, which you can use to evaluate the volatility of the company. Please check Partners Bank's Risk Adjusted Performance of 0.0177, coefficient of variation of 6018.12, and Semi Deviation of 1.2 to confirm if the risk estimate we provide is consistent with the expected return of 0.0832%. Partners Bank has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.3, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Partners Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Partners Bank is expected to be smaller as well. Partners Bank right now holds a risk of 1.52%. Please check Partners Bank total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to decide if Partners Bank will be following its historical price patterns.
Auto-correlation | 0.29 |
Poor predictability
Partners Bank of has poor predictability. Overlapping area represents the amount of predictability between Partners Bank time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Partners Bank price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Partners Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Partners Bank lagged returns against current returns
Autocorrelation, which is Partners Bank pink sheet'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 Partners Bank's pink sheet expected returns. We can calculate the autocorrelation of Partners Bank returns to help us make a trade decision. For example, suppose you find that Partners Bank has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Partners 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 Partners Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Partners Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Partners Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Partners Bank Lagged Returns
When evaluating Partners Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Partners Bank pink sheet have on its future price. Partners 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, Partners Bank autocorrelation shows the relationship between Partners Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Partners Bank of.
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.Additional Tools for Partners Pink Sheet Analysis
When running Partners Bank's price analysis, check to measure Partners Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Partners Bank is operating at the current time. Most of Partners Bank's value examination focuses on studying past and present price action to predict the probability of Partners Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Partners Bank's price. Additionally, you may evaluate how the addition of Partners Bank to your portfolios can decrease your overall portfolio volatility.