Byline Bancorp Backtesting

Byline Bancorp Inc -- USA Stock  

USD 20.67  0.1  0.49%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Byline Bancorp Inc and determine expected loss or profit from investing in Byline Bancorp over given investment horizon. Check also Byline Bancorp Hype Analysis, Byline Bancorp Correlation, Byline Bancorp Valuation, Byline Bancorp Volatility as well as analyze Byline Bancorp Alpha and Beta and Byline Bancorp Performance
Investment Horizon     30 Days    Login   to change

Byline Bancorp 'What if' Analysis

September 20, 2017
No Change 0.00  0.0%
In 31 days
October 20, 2017
If you would invest  0.00  in Byline Bancorp on September 20, 2017 and sell it all today you would earn a total of 0.00 from holding Byline Bancorp Inc or generate 0.0% return on investment in Byline Bancorp over 30 days. Byline Bancorp is related to or competes with Citigroup, Bank of New York, Canadian Imperial, and Deutsche Bank. Byline Bancorp is entity of United States

Byline Bancorp Upside/Downside Indicators


Byline Bancorp Market Premium Indicators

Byline Bancorp lagged returns against current returns

 Current and Lagged Values 

Byline Bancorp regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Byline Bancorp Backtested Returns

Macroaxis considers Byline Bancorp to be not too volatile. Byline Bancorp secures Sharpe Ratio (or Efficiency) of -0.087 which signifies that Byline Bancorp had -0.087% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Byline Bancorp Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Byline Bancorp Risk Adjusted Performance of (0.016995) and Mean Deviation of 0.7717 to double-check risk estimate we provide. Macroaxis gives Byline Bancorp performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.8566 which signifies that . Even though it is essential to pay attention to Byline Bancorp historical returns, it is always good to be careful when utilizing equity current trending patternss. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Byline Bancorp Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Byline Bancorp has expected return of -0.0927%. Please be advised to confirm Byline Bancorp Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Byline Bancorp past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.08) 

Very weak reverse predictability

Byline Bancorp Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between Byline Bancorp time series from September 20, 2017 to October 5, 2017 and October 5, 2017 to October 20, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Byline Bancorp price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Byline Bancorp price fluctuation can be explain by its past prices. Given that Byline Bancorp Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Byline Bancorp for similar time interval.
Correlation Coefficient -0.08
Spearman Rank Test -0.31
Price Variance 0.01
Lagged Price Variance 0.13

Byline Bancorp Lagged Returns

 Regressed Prices 

Byline Bancorp Performance vs DOW

The median price of Byline Bancorp for the period between Wed, Sep 20, 2017 and Fri, Oct 20, 2017 is 20.69 with a coefficient of variation of 1.71. The daily time series for the period is distributed with a sample standard deviation of 0.35, arithmetic mean of 20.78, and mean deviation of 0.3. The Stock received some media coverage during the period.
Price Growth (%)  
Byline Bancorp Earns News Sentiment Score of 0.1210/12/2017
Balyasny Asset Management LLC Buys New Holdings in Byline Ba...10/20/2017