Psb Holdings Stock Market Value
| PSBQ Stock | USD 25.70 0.03 0.12% |
| Symbol | PSB |
PSB Holdings '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 PSB Holdings' 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 PSB Holdings.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in PSB Holdings on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding PSB Holdings or generate 0.0% return on investment in PSB Holdings over 30 days. PSB Holdings is related to or competes with Eagle Financial, National Capital, Community Heritage, Citizens Financial, First Community, and Bank of Idaho. PSB Holdings, Inc. operates as the holding company for Peoples State Bank that provides a range of retail consumer and c... More
PSB Holdings 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 PSB Holdings' 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 PSB Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.71 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 1.27 |
PSB Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PSB Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PSB Holdings' standard deviation. In reality, there are many statistical measures that can use PSB Holdings historical prices to predict the future PSB Holdings' volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.239 |
PSB Holdings Backtested Returns
Currently, PSB Holdings is very steady. PSB Holdings retains Efficiency (Sharpe Ratio) of 0.0213, which implies the firm had a 0.0213% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for PSB Holdings, which you can use to evaluate the volatility of the company. Please check PSB Holdings' market risk adjusted performance of 0.249, and Coefficient Of Variation of (23,990) to confirm if the risk estimate we provide is consistent with the expected return of 0.0274%. PSB Holdings has a performance score of 1 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0648, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PSB Holdings are expected to decrease at a much lower rate. During the bear market, PSB Holdings is likely to outperform the market. PSB Holdings currently owns a risk of 1.28%. Please check PSB Holdings treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if PSB Holdings will be following its current price history.
Auto-correlation | -0.61 |
Very good reverse predictability
PSB Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between PSB Holdings time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 PSB Holdings price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current PSB Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
PSB Holdings lagged returns against current returns
Autocorrelation, which is PSB Holdings 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 PSB Holdings' otc stock expected returns. We can calculate the autocorrelation of PSB Holdings returns to help us make a trade decision. For example, suppose you find that PSB Holdings 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 |
PSB Holdings 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 PSB Holdings otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PSB Holdings otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PSB Holdings otc stock over time.
Current vs Lagged Prices |
| Timeline |
PSB Holdings Lagged Returns
When evaluating PSB Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PSB Holdings otc stock have on its future price. PSB Holdings 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, PSB Holdings autocorrelation shows the relationship between PSB Holdings otc stock current value and its past values and can show if there is a momentum factor associated with investing in PSB Holdings.
Regressed Prices |
| Timeline |
Pair Trading with PSB Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PSB Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PSB Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against PSB OTC Stock
| 0.46 | SHLS | Shoals Technologies | PairCorr |
| 0.35 | BZUSD | Brent Crude Oil | PairCorr |
| 0.34 | 254687DF0 | DIS 77 30 | PairCorr |
The ability to find closely correlated positions to PSB Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PSB Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PSB Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PSB Holdings to buy it.
The correlation of PSB Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PSB Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PSB Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PSB Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for PSB OTC Stock Analysis
When running PSB Holdings' price analysis, check to measure PSB Holdings' 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 PSB Holdings is operating at the current time. Most of PSB Holdings' value examination focuses on studying past and present price action to predict the probability of PSB Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PSB Holdings' price. Additionally, you may evaluate how the addition of PSB Holdings to your portfolios can decrease your overall portfolio volatility.