Byline Bancorp Backtesting

Byline Bancorp Inc -- USA Stock  

USD 22.81  0.69  2.94%

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
 Time Horizon     30 Days    Login   to change

Byline Bancorp 'What if' Analysis

February 20, 2018
No Change 0.00  0.0%
In 31 days
March 22, 2018
If you would invest  0.00  in Byline Bancorp on February 20, 2018 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, Astoria Financial, Bank of New York, Canadian Imperial, and Deutsche Bank. Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides banking products and services to...

Byline Bancorp Upside/Downside Indicators


Byline Bancorp Market Premium Indicators

Byline Bancorp Inc lagged returns against current returns

 Current and Lagged Values 

Byline Bancorp regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Byline Bancorp Inc Backtested Returns

We consider Byline Bancorp not too volatile. Byline Bancorp Inc secures Sharpe Ratio (or Efficiency) of 0.0527 which signifies that Byline Bancorp Inc had 0.0527% 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 confirm Byline Bancorp Inc Downside Deviation of 1.4, Risk Adjusted Performance of 0.0566 and Mean Deviation of 0.9547 to double-check if risk estimate we provide are consistent with the epected return of 0.0829%. Byline Bancorp has performance score of 3 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.4533 which signifies that as returns on market increase, returns on owning Byline Bancorp are expected to decrease at a much smaller rate. During bear market, Byline Bancorp is likely to outperform the market.. Although it is extremely important to respect Byline Bancorp Inc historical returns, it is better to be realistic regarding the information on 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 Inc technical indicators you can presently evaluate if the expected return of 0.0829% will be sustainable into the future. Byline Bancorp Inc right now shows a risk of 1.5732%. Please confirm Byline Bancorp Inc Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Byline Bancorp Inc will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.03 

Virtually no predictability

Byline Bancorp Inc has virtually no predictability. Overlapping area represents the amount of predictability between Byline Bancorp time series from February 20, 2018 to March 7, 2018 and March 7, 2018 to March 22, 2018. 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 Inc price movement. The serial correlation of 0.03 indicates that only 3.0% of current Byline Bancorp price fluctuation can be explain by its past prices.
Correlation Coefficient 0.03
Spearman Rank Test -0.42
Price Variance 0.14
Lagged Price Variance 0.12

Byline Bancorp Lagged Returns

 Regressed Prices 

Byline Bancorp Performance vs DOW

The median price of Byline Bancorp for the period between Tue, Feb 20, 2018 and Thu, Mar 22, 2018 is 23.17 with a coefficient of variation of 1.55. The daily time series for the period is distributed with a sample standard deviation of 0.36, arithmetic mean of 23.18, and mean deviation of 0.25. The Stock received some media coverage during the period.
 Price Growth (%)  
Insider Selling Byline Bancorp EVP Sells 5000 Shares of Stoc...03/22/2018