Embassy Bancorp Backtesting

EMYB -- USA Stock  

USD 17.10  0.05  0.29%

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

Embassy Bancorp 'What if' Analysis

May 22, 2018
No Change 0.00  0.0%
In 30 days
June 21, 2018
If you would invest  0.00  in Embassy Bancorp on May 22, 2018 and sell it all today you would earn a total of 0.00 from holding Embassy Bancorp or generate 0.0% return on investment in Embassy Bancorp over 30 days. Embassy Bancorp is related to or competes with Citigroup, Bank of New York, Byline Bancorp, Canadian Imperial, Deutsche Bank, , and ORIX CORP. Embassy Bancorp, Inc. operates as the bank holding company for the Embassy Bank for the Lehigh Valley that provides trad...

Embassy Bancorp Upside/Downside Indicators


Embassy Bancorp Market Premium Indicators

Embassy Bancorp Backtested Returns

We consider Embassy Bancorp not too volatile. Embassy Bancorp secures Sharpe Ratio (or Efficiency) of 0.1364 which denotes Embassy Bancorp had 0.1364% of return per unit of standard deviation over the last 1 month. Our philosophy in predicting 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 Embassy Bancorp which you can use to evaluate future volatility of the firm. Please confirm Embassy Bancorp to check if risk estimate we provide are consistent with the epected return of 0.0932%. Embassy Bancorp has performance score of 9 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and Embassy Bancorp are completely uncorrelated. Although it is extremely important to respect Embassy Bancorp historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in predicting 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 reviewing Embassy Bancorp technical indicators you can presently evaluate if the expected return of 0.0932% will be sustainable into the future. Embassy Bancorp right now shows a risk of 0.6834%. Please confirm Embassy Bancorp Information Ratio, and the relationship between Downside Deviation and Value At Risk to decide if Embassy Bancorp will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.29 

Poor predictability

Embassy Bancorp has poor predictability. Overlapping area represents the amount of predictability between Embassy Bancorp time series from May 22, 2018 to June 6, 2018 and June 6, 2018 to June 21, 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 Embassy Bancorp price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Embassy Bancorp price fluctuation can be explain by its past prices.
Correlation Coefficient 0.29
Spearman Rank Test -0.09
Lagged Price Variance 0.03
Average Price 17.04

Embassy Bancorp lagged returns against current returns

 Current and Lagged Values 

Embassy Bancorp regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Embassy Bancorp Lagged Returns

 Regressed Prices 

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Embassy Bancorp and Citigroup. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Additionally see Embassy Bancorp Hype Analysis, Embassy Bancorp Correlation, Embassy Bancorp Valuation, Embassy Bancorp Volatility as well as analyze Embassy Bancorp Alpha and Beta and Embassy Bancorp Performance. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.