Cortland Bancorp Risk Analysis

Cortland Bancorp -- USA Stock  

USD 20  0.25  1.27%

Macroaxis considers Cortland Bancorp not very risky given 1 month investment horizon. Cortland Bancorp secures Sharpe Ratio (or Efficiency) of 0.142 which signifies that Cortland Bancorp had 0.142% 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-eight technical indicators for Cortland Bancorp which you can use to evaluate future volatility of the firm. Please makes use of Cortland Bancorp Risk Adjusted Performance of 0.066 and Mean Deviation of 0.8975 to double-check if our risk estimates are consistent with your expectations.
Investment Horizon     30 Days    Login   to change

Cortland Bancorp Market Sensitivity

As returns on market increase, returns on owning Cortland Bancorp are expected to decrease by larger amounts. On the other hand, during market turmoil, Cortland Bancorp is expected to significantly outperform it.
One Month Beta |Analyze Cortland Bancorp Demand Trend
Check current 30 days Cortland Bancorp correlation with market (DOW)
β = -1.3168
Cortland Bancorp Large Negative BetaCortland Bancorp Beta Legend

Cortland Bancorp Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Cortland Bancorp Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Given the investment horizon of 30 days, Cortland Bancorp has beta of -1.3168 . This suggests as returns on its benchmark rise, returns on holding Cortland Bancorp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Cortland Bancorp is expected to outperform its benchmark. Moreover, Cortland Bancorp has an alpha of 0.5489 implying that it can potentially generate 0.5489% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Cortland Bancorp is 704.18. The daily returns are destributed with a variance of 3.38 and standard deviation of 1.84. The mean deviation of Cortland Bancorp is currently at 0.95. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47
α
Alpha over DOW
=0.55
βBeta against DOW=1.32
σ
Overall volatility
=1.84
 IrInformation ratio =0.02

Actual Return Volatility

Cortland Bancorp inherits 1.839% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4748% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Cortland Bancorp Volatility Factors

30 Days Market Risk

Not very risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Very regressive towards market

Total Debt

Cortland Bancorp Total Debt History

Total Debt

Largest Trends

Cortland Bancorp Largest Period Trend

Investment Outlook

Cortland Bancorp Investment Opportunity
Cortland Bancorp has a volatility of 1.84 and is 3.91 times more volatile than DOW. 17% of all equities and portfolios are less risky than Cortland Bancorp. Compared to the overall equity markets, volatility of historical daily returns of Cortland Bancorp is lower than 17 (%) of all global equities and portfolios over the last 30 days. Use Cortland Bancorp to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Cortland Bancorp to be traded at $22.0 in 30 days. As returns on market increase, returns on owning Cortland Bancorp are expected to decrease by larger amounts. On the other hand, during market turmoil, Cortland Bancorp is expected to significantly outperform it.

Cortland Bancorp correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Cortland Bancorp and equity matching DJI index in the same portfolio.

Volatility Indicators

Cortland Bancorp Current Risk Indicators