The Victory Bancorp Stock Market Value
| VTYB Stock | USD 10.20 0.09 0.89% |
| Symbol | Victory |
Victory Bancorp '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 Victory Bancorp'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 Victory Bancorp.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Victory Bancorp on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding The Victory Bancorp or generate 0.0% return on investment in Victory Bancorp over 30 days. Victory Bancorp is related to or competes with Pioneer Bankcorp, Liberty Northwest, Summit Bancshares, First Community, and Coeur DAlene. The Victory Bancorp, Inc. operates as the bank holding company for The Victory Bank that provides commercial and consume... More
Victory Bancorp 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 Victory Bancorp'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 The Victory Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.64 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 2.46 |
Victory Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Bancorp's standard deviation. In reality, there are many statistical measures that can use Victory Bancorp historical prices to predict the future Victory Bancorp's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Bancorp'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.
Victory Bancorp Backtested Returns
Victory Bancorp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0514, which indicates the firm had a -0.0514% return per unit of risk over the last 3 months. The Victory Bancorp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Victory Bancorp's Variance of 4.49, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,282) to confirm the risk estimate we provide. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Victory Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Victory Bancorp is expected to be smaller as well. Victory Bancorp has an expected return of -0.0948%. Please make sure to validate Victory Bancorp standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and rate of daily change , to decide if Victory Bancorp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.16 |
Insignificant reverse predictability
The Victory Bancorp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Victory Bancorp time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Victory Bancorp price movement. The serial correlation of -0.16 indicates that over 16.0% of current Victory Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Victory Bancorp lagged returns against current returns
Autocorrelation, which is Victory Bancorp 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 Victory Bancorp's otc stock expected returns. We can calculate the autocorrelation of Victory Bancorp returns to help us make a trade decision. For example, suppose you find that Victory Bancorp has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Victory Bancorp 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 Victory Bancorp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Bancorp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Victory Bancorp otc stock over time.
Current vs Lagged Prices |
| Timeline |
Victory Bancorp Lagged Returns
When evaluating Victory Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Bancorp otc stock have on its future price. Victory Bancorp 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, Victory Bancorp autocorrelation shows the relationship between Victory Bancorp otc stock current value and its past values and can show if there is a momentum factor associated with investing in The Victory Bancorp.
Regressed Prices |
| Timeline |
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 Victory Bancorp 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, Victory Bancorp's short interest history, or implied volatility extrapolated from Victory Bancorp options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Victory Bancorp Correlation, Victory Bancorp Volatility and Victory Bancorp Alpha and Beta module to complement your research on Victory Bancorp. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Victory OTC Stock analysis
When running Victory Bancorp's price analysis, check to measure Victory Bancorp'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 Victory Bancorp is operating at the current time. Most of Victory Bancorp's value examination focuses on studying past and present price action to predict the probability of Victory Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Victory Bancorp's price. Additionally, you may evaluate how the addition of Victory Bancorp to your portfolios can decrease your overall portfolio volatility.
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Victory Bancorp 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, otc market cycles, or different charting patterns.