Embassy Bancorp Backtesting

EMYB -- USA Stock  

USD 17.55  0.40  2.23%

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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Embassy Bancorp 'What if' Analysis

August 22, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 21, 2018
0.00
If you would invest  0.00  in Embassy Bancorp on August 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 Byline Bancorp, Prosperity Bancshares, DNB Financial, Eagle Bancorp, Enterprise Financial, Eagle Financial, and Eagle Bancorp. 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

Information Ratio0.19
Maximum Drawdown5.66
Value At Risk2.23
Potential Upside1.29
  

Embassy Bancorp Market Premium Indicators

Risk Adjusted Performance0.011018
Jensen Alpha0.015
Total Risk Alpha0.49
Treynor Ratio0.1305

Embassy Bancorp Backtested Returns

Macroaxis considers Embassy Bancorp to be not too volatile. Embassy Bancorp secures Sharpe Ratio (or Efficiency) of -0.0378 which denotes Embassy Bancorp had -0.0378% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in predicting 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. Embassy Bancorp exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Embassy Bancorp Mean Deviation of 0.6244 to check risk estimate we provide. Macroaxis gives Embassy Bancorp performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.42 which denotes to the fact that as returns on market increase, returns on owning Embassy Bancorp are expected to decrease at a much smaller rate. During bear market, Embassy Bancorp is likely to outperform the market.. Even though it is essential to pay attention to Embassy Bancorp historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in predicting 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. Embassy Bancorp exposes twenty-one different technical indicators which can help you to evaluate its performance. Embassy Bancorp has expected return of -0.0448%. Please be advised to confirm Embassy Bancorp Information Ratio, and the relationship between Downside Deviation and Value At Risk to decide if Embassy Bancorp past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.64) 

Very good reverse predictability

Embassy Bancorp has very good reverse predictability. Overlapping area represents the amount of predictability between Embassy Bancorp time series from August 22, 2018 to September 6, 2018 and September 6, 2018 to September 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 -0.64 indicates that roughly 64.0% of current Embassy Bancorp price fluctuation can be explain by its past prices. Given that Embassy Bancorp has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Embassy Bancorp for similar time interval.
Correlation Coefficient-0.64
Spearman Rank Test-0.31
Residual Average0.0
Price Variance0.03

Embassy Bancorp lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Embassy Bancorp regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Embassy Bancorp Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run World Markets Correlation Now

   

World Markets Correlation

Find global opportunities by holding instruments from different markets
All  Next Launch World Markets Correlation

Embassy Bancorp Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Embassy Bancorp and Byline Bancorp. 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
Run Pair Correlation  
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Search macroaxis.com