West Shore Bank Stock Market Value
| WSSH Stock | USD 25.10 0.00 0.00% |
| Symbol | West |
West Shore '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 West Shore'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 West Shore.
| 01/14/2024 |
| 01/08/2025 |
If you would invest 0.00 in West Shore on January 14, 2024 and sell it all today you would earn a total of 0.00 from holding West Shore Bank or generate 0.0% return on investment in West Shore over 360 days. West Shore is related to or competes with Woodlands Financial, Southern Michigan, and Fentura Financial. West Shore Bank Corp. operates as the bank holding company for West Shore Bank that provides various banking products an... More
West Shore 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 West Shore'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 West Shore Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.078 | |||
| Maximum Drawdown | 6.67 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 2.08 |
West Shore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for West Shore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as West Shore's standard deviation. In reality, there are many statistical measures that can use West Shore historical prices to predict the future West Shore's volatility.| Risk Adjusted Performance | 0.0724 | |||
| Jensen Alpha | 0.0766 | |||
| Total Risk Alpha | 0.0774 | |||
| Sortino Ratio | 0.0462 | |||
| Treynor Ratio | (0.61) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of West Shore's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
West Shore Bank Backtested Returns
West Shore is very steady at the moment. West Shore Bank shows Sharpe Ratio of 0.0943, which attests that the company had a 0.0943% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for West Shore Bank, which you can use to evaluate the volatility of the company. Please check out West Shore's Mean Deviation of 0.5188, downside deviation of 1.67, and Market Risk Adjusted Performance of (0.60) to validate if the risk estimate we provide is consistent with the expected return of 0.0919%. West Shore has a performance score of 7 on a scale of 0 to 100. The firm maintains a market beta of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning West Shore are expected to decrease at a much lower rate. During the bear market, West Shore is likely to outperform the market. West Shore Bank right now maintains a risk of 0.97%. Please check out West Shore Bank sortino ratio, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to decide if West Shore Bank will be following its historical returns.
Auto-correlation | -0.26 |
Weak reverse predictability
West Shore Bank has weak reverse predictability. Overlapping area represents the amount of predictability between West Shore time series from 14th of January 2024 to 12th of July 2024 and 12th of July 2024 to 8th 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 West Shore Bank price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current West Shore price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
West Shore Bank lagged returns against current returns
Autocorrelation, which is West Shore 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 West Shore's pink sheet expected returns. We can calculate the autocorrelation of West Shore returns to help us make a trade decision. For example, suppose you find that West Shore 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 |
West Shore 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 West Shore pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if West Shore pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in West Shore pink sheet over time.
Current vs Lagged Prices |
| Timeline |
West Shore Lagged Returns
When evaluating West Shore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of West Shore pink sheet have on its future price. West Shore 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, West Shore autocorrelation shows the relationship between West Shore pink sheet current value and its past values and can show if there is a momentum factor associated with investing in West Shore Bank.
Regressed Prices |
| Timeline |
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Other Information on Investing in West Pink Sheet
West Shore financial ratios help investors to determine whether West Pink Sheet 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 West with respect to the benefits of owning West Shore security.