Middlefield Price To Sales Ratio from 2010 to 2024
| MBCN Stock | USD 31.72 0.89 2.89% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 3.80743127 | Current Value 5.13 | Quarterly Volatility 1.20989716 |
Check Middlefield Banc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Middlefield Banc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 932.4 K, Interest Expense of 26.4 M or Selling General Administrative of 2.2 M, as well as many indicators such as Price To Sales Ratio of 5.13, Dividend Yield of 0.0249 or PTB Ratio of 0.68. Middlefield financial statements analysis is a perfect complement when working with Middlefield Banc Valuation or Volatility modules.
Middlefield | Price To Sales Ratio |
Latest Middlefield Banc's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Middlefield Banc over the last few years. Price to Sales Ratio is figured by comparing Middlefield Banc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Middlefield Banc sales, a figure that is much harder to manipulate than other Middlefield Banc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Middlefield Banc's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Middlefield Banc's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.85 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Middlefield Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 3.10 | |
| Geometric Mean | 2.90 | |
| Coefficient Of Variation | 39.00 | |
| Mean Deviation | 0.86 | |
| Median | 2.91 | |
| Standard Deviation | 1.21 | |
| Sample Variance | 1.46 | |
| Range | 4.704 | |
| R-Value | 0.30 | |
| Mean Square Error | 1.44 | |
| R-Squared | 0.09 | |
| Significance | 0.28 | |
| Slope | 0.08 | |
| Total Sum of Squares | 20.49 |
Middlefield Price To Sales Ratio History
About Middlefield Banc Financial Statements
Middlefield Banc investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Middlefield Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 3.81 | 5.13 |
Pair Trading with Middlefield Banc
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 Middlefield Banc 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 Middlefield Banc will appreciate offsetting losses from the drop in the long position's value.Moving together with Middlefield Stock
| 0.67 | AX | Axos Financial | PairCorr |
| 0.66 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.71 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Middlefield Stock
The ability to find closely correlated positions to Middlefield Banc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Middlefield Banc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Middlefield Banc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Middlefield Banc to buy it.
The correlation of Middlefield Banc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Middlefield Banc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Middlefield Banc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Middlefield Banc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Middlefield Banc Correlation against competitors. To learn how to invest in Middlefield Stock, please use our How to Invest in Middlefield Banc guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Regional Banks space 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 Middlefield Banc. If investors know Middlefield 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 Middlefield Banc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Dividend Share 0.8 | Earnings Share 1.75 | Revenue Per Share 8.002 | Quarterly Revenue Growth (0.12) |
The market value of Middlefield Banc is measured differently than its book value, which is the value of Middlefield that is recorded on the company's balance sheet. Investors also form their own opinion of Middlefield Banc's value that differs from its market value or its book value, called intrinsic value, which is Middlefield Banc'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 Middlefield Banc's market value can be influenced by many factors that don't directly affect Middlefield Banc'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 Middlefield Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Middlefield Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Middlefield Banc'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.