Byline Bancorp Backtesting

Byline Bancorp Inc -- USA Stock  

USD 21.51  0.34  1.61%

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

November 15, 2017
No Change 0.00  0.0%
In 31 days
December 15, 2017
If you would invest  0.00  in Byline Bancorp on November 15, 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 not very risky given 1 month investment horizon. Byline Bancorp secures Sharpe Ratio (or Efficiency) of 0.2368 which signifies that Byline Bancorp had 0.2368% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Byline Bancorp Inc which you can use to evaluate future volatility of the firm. Please makes use of Byline Bancorp Downside Deviation of 2.01, Risk Adjusted Performance of 0.1201 and Mean Deviation of 1.58 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Byline Bancorp holds performance score of 15. The firm shows Beta (market volatility) of 0.9698 which signifies that Byline Bancorp returns are very sensitive to returns on the market. as market goes up or down, Byline Bancorp is expected to follow.. Although it is vital to follow to Byline Bancorp historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Byline Bancorp technical indicators you can presently evaluate if the expected return of 0.478% will be sustainable into the future. Please makes use of Byline Bancorp Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to make a quick decision on weather Byline Bancorp price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.48) 

Modest reverse predictability

Byline Bancorp Inc has modest reverse predictability. Overlapping area represents the amount of predictability between Byline Bancorp time series from November 15, 2017 to November 30, 2017 and November 30, 2017 to December 15, 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 -0.48 indicates that about 48.0% 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 -0.48
Spearman Rank Test -0.48
Price Variance 0.49
Lagged Price Variance 0.38

Byline Bancorp Lagged Returns

 Regressed Prices 

Byline Bancorp Performance vs DOW

The median price of Byline Bancorp for the period between Wed, Nov 15, 2017 and Fri, Dec 15, 2017 is 21.17 with a coefficient of variation of 5.48. The daily time series for the period is distributed with a sample standard deviation of 1.15, arithmetic mean of 21.02, and mean deviation of 0.95. The Stock received some media coverage during the period.
Price Growth (%)  
Keefe, Bruyette and Woods Upgrades Byline Bancorp to Outperf...12/01/2017
Sei Investments Co. Acquires New Position in Byline Bancorp,...12/12/2017