AMERITRUST OTC Stock Market Value

ATCC -  USA Stock  

USD 0.42  0.02  5.00%

AMERITRUST CORP's market value is the price at which a share of AMERITRUST CORP stock trades on a public exchange. It measures the collective expectations of AMERITRUST CORP investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of AMERITRUST CORP and determine expected loss or profit from investing in AMERITRUST CORP over a given investment horizon. Please continue to AMERITRUST CORP Hype Analysis, AMERITRUST CORP Correlation, AMERITRUST CORP Valuation, AMERITRUST CORP Volatility, as well as analyze AMERITRUST CORP Alpha and Beta and AMERITRUST CORP Performance.
Symbol
Backtest


Is AMERITRUST CORP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AMERITRUST CORP. If investors know AMERITRUST will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AMERITRUST CORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of AMERITRUST CORP is measured differently than its book value, which is the value of AMERITRUST that is recorded on the company's balance sheet. Investors also form their own opinion of AMERITRUST CORP's value that differs from its market value or its book value, called intrinsic value, which is AMERITRUST CORP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AMERITRUST CORP's market value can be influenced by many factors that don't directly affect AMERITRUST CORP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AMERITRUST CORP's value and its price as these two are different measures arrived at by different means. Investors typically determine AMERITRUST CORP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERITRUST CORP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

AMERITRUST CORP 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AMERITRUST CORP's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AMERITRUST CORP.
0.00
12/14/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/03/2021
0.00
If you would invest  0.00  in AMERITRUST CORP on December 14, 2019 and sell it all today you would earn a total of 0.00 from holding AMERITRUST CORP or generate 0.0% return on investment in AMERITRUST CORP over 720 days. AMERITRUST CORP is related to or competes with Citic Securities, Charles Schwab, China Galaxy, Morgan Stanley, and Goldman Sachs. Ameritrust Corporation does not have significant operations

AMERITRUST CORP Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AMERITRUST CORP's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AMERITRUST CORP upside and downside potential and time the market with a certain degree of confidence.

AMERITRUST CORP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AMERITRUST CORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMERITRUST CORP's standard deviation. In reality, there are many statistical measures that can use AMERITRUST CORP historical prices to predict the future AMERITRUST CORP's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of AMERITRUST CORP's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of AMERITRUST CORP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.030.5325.76
Details
Intrinsic
Valuation
LowReal ValueHigh
0.020.4025.63
Details
Naive
Forecast
LowNext ValueHigh
0.0070350.3525.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.310.400.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AMERITRUST CORP. Your research has to be compared to or analyzed against AMERITRUST CORP's peers to derive any actionable benefits. When done correctly, AMERITRUST CORP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in AMERITRUST CORP.

AMERITRUST CORP Backtested Returns

AMERITRUST CORP is out of control given 3 months investment horizon. AMERITRUST CORP secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had 0.12% of return per unit of risk over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use AMERITRUST CORP market data together with company specific technical indicators. We were able to break down twenty-one different technical indicators, which can help you to evaluate if expected returns of 2.95% are justified by taking the suggested risk. Use AMERITRUST CORP Mean Deviation of 13.34, risk adjusted performance of 0.1067, and Downside Deviation of 23.09 to evaluate company specific risk that cannot be diversified away.
AMERITRUST CORP holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -4.899, which signifies a somewhat significant risk relative to the market. Let's try to break down what AMERITRUST's beta means in this case. As returns on the market increase, returns on owning AMERITRUST CORP are expected to decrease by larger amounts. On the other hand, during market turmoil, AMERITRUST CORP is expected to outperform it. Although it is essential to pay attention to AMERITRUST CORP historical returns, it is also good to be reasonable about what you can do with equity current trending patterns. Our philosophy in foreseeing future potential of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if AMERITRUST CORP expected return of 2.95 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use AMERITRUST CORP variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to analyze future returns on AMERITRUST CORP.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.05)   

Very weak reverse predictability

AMERITRUST CORP has very weak reverse predictability. Overlapping area represents the amount of predictability between AMERITRUST CORP time series from 14th of December 2019 to 8th of December 2020 and 8th of December 2020 to 3rd of December 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AMERITRUST CORP price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current AMERITRUST CORP price fluctuation can be explain by its past prices. Given that AMERITRUST CORP has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of AMERITRUST CORP for similar time interval.
Correlation Coefficient-0.05
Spearman Rank Test0.28
Residual Average0.0
Price Variance0.36

AMERITRUST CORP lagged returns against current returns

Autocorrelation, which is AMERITRUST CORP otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting AMERITRUST CORP's otc stock expected returns. We can calculate the autocorrelation of AMERITRUST CORP returns to help us make a trade decision. For example, suppose you find that AMERITRUST CORP otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

AMERITRUST CORP regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If AMERITRUST CORP otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMERITRUST CORP otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMERITRUST CORP otc stock over time.
 Current vs Lagged Prices 
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      Timeline 

AMERITRUST CORP Lagged Returns

When evaluating AMERITRUST CORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMERITRUST CORP otc stock have on its future price. AMERITRUST CORP autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, AMERITRUST CORP autocorrelation shows the relationship between AMERITRUST CORP otc stock current value and its past values and can show if there is a momentum factor associated with investing in AMERITRUST CORP.
 Regressed Prices 
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      Timeline 

AMERITRUST CORP Investors Sentiment

The influence of AMERITRUST CORP's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AMERITRUST. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AMERITRUST CORP in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AMERITRUST CORP's short interest history, or implied volatility extrapolated from AMERITRUST CORP options trading.

Current Sentiment - ATCC

AMERITRUST CORP Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in AMERITRUST CORP. What is your sentiment towards investing in AMERITRUST CORP? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Pair Trading with AMERITRUST CORP

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AMERITRUST CORP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AMERITRUST CORP will appreciate offsetting losses from the drop in the long position's value.

AMERITRUST CORP Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for AMERITRUST CORP and Citic Securities. 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  
Please continue to AMERITRUST CORP Hype Analysis, AMERITRUST CORP Correlation, AMERITRUST CORP Valuation, AMERITRUST CORP Volatility, as well as analyze AMERITRUST CORP Alpha and Beta and AMERITRUST CORP Performance. Note that the AMERITRUST CORP information on this page should be used as a complementary analysis to other AMERITRUST CORP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for AMERITRUST OTC Stock analysis

When running AMERITRUST CORP price analysis, check to measure AMERITRUST CORP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AMERITRUST CORP is operating at the current time. Most of AMERITRUST CORP's value examination focuses on studying past and present price action to predict the probability of AMERITRUST CORP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AMERITRUST CORP's price. Additionally, you may evaluate how the addition of AMERITRUST CORP to your portfolios can decrease your overall portfolio volatility.
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AMERITRUST CORP technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of AMERITRUST CORP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AMERITRUST CORP trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...