Us Bancorp Preferred Stock Market Value
| USB-PS Preferred Stock | 20.92 0.10 0.48% |
| Symbol | USB-PS |
US Bancorp '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 US Bancorp'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 US Bancorp.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in US Bancorp on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding US Bancorp or generate 0.0% return on investment in US Bancorp over 30 days. US Bancorp is related to or competes with US Bancorp, Bank of America, US Bancorp, JPMorgan Chase, and JPMorgan Chase. More
US Bancorp 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 US Bancorp'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 US Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.29 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.06 |
US Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as US Bancorp's standard deviation. In reality, there are many statistical measures that can use US Bancorp historical prices to predict the future US Bancorp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.40) |
US Bancorp Backtested Returns
US Bancorp retains Efficiency (Sharpe Ratio) of -0.0589, which indicates the firm had a -0.0589% return per unit of price deviation over the last 3 months. US Bancorp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate US Bancorp's Risk Adjusted Performance of (0.02), mean deviation of 0.628, and Standard Deviation of 0.8182 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.0806, which indicates not very significant fluctuations relative to the market. As returns on the market increase, US Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding US Bancorp is expected to be smaller as well. At this point, US Bancorp has a negative expected return of -0.0486%. Please make sure to validate US Bancorp's maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if US Bancorp performance from the past will be repeated at some future date.
Auto-correlation | 0.22 |
Weak predictability
US Bancorp has weak predictability. Overlapping area represents the amount of predictability between US Bancorp time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 US Bancorp price movement. The serial correlation of 0.22 indicates that over 22.0% of current US Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
US Bancorp lagged returns against current returns
Autocorrelation, which is US Bancorp 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 US Bancorp's preferred stock expected returns. We can calculate the autocorrelation of US Bancorp returns to help us make a trade decision. For example, suppose you find that US Bancorp 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 |
US Bancorp 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 US Bancorp preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if US Bancorp preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in US Bancorp preferred stock over time.
Current vs Lagged Prices |
| Timeline |
US Bancorp Lagged Returns
When evaluating US Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of US Bancorp preferred stock have on its future price. US Bancorp 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, US Bancorp autocorrelation shows the relationship between US Bancorp preferred stock current value and its past values and can show if there is a momentum factor associated with investing in US Bancorp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for USB-PS Preferred Stock Analysis
When running US Bancorp's price analysis, check to measure US Bancorp'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 US Bancorp is operating at the current time. Most of US Bancorp's value examination focuses on studying past and present price action to predict the probability of US Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move US Bancorp's price. Additionally, you may evaluate how the addition of US Bancorp to your portfolios can decrease your overall portfolio volatility.