MCNB Financial Statements From 2010 to 2025
| MKIN Stock | USD 16.85 0.50 3.06% |
Check MCNB Banks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MCNB Banks' main balance sheet or income statement drivers, such as , as well as many indicators such as . MCNB financial statements analysis is a perfect complement when working with MCNB Banks Valuation or Volatility modules.
MCNB |
MCNB Banks Company Beta Analysis
MCNB Banks' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current MCNB Banks Beta | -0.03 |
Most of MCNB Banks' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MCNB Banks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, MCNB Banks has a Beta of -0.03. This is 103.66% lower than that of the Financial Services sector and significantly lower than that of the Banks—Regional industry. The beta for all United States stocks is 80.0% lower than that of the firm.
MCNB Banks Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MCNB Banks's current stock value. Our valuation model uses many indicators to compare MCNB Banks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MCNB Banks competition to find correlations between indicators driving MCNB Banks's intrinsic value. More Info.MCNB Banks is regarded third in number of employees category among its peers. It is considered to be number one stock in beta category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value MCNB Banks by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MCNB Banks' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About MCNB Banks Financial Statements
MCNB Banks investors utilize fundamental indicators, such as revenue or net income, to predict how MCNB Pink Sheet 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.
MCNB Banks, Inc. operates as the bank holding company for MCNB Bank and Trust Co. that provides personal and business banking products and services. The company was founded in 1900 and is based in Welch, West Virginia. Mcnb Banks operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Pair Trading with MCNB Banks
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 MCNB Banks 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 MCNB Banks will appreciate offsetting losses from the drop in the long position's value.Moving together with MCNB Pink Sheet
| 0.75 | HDB | HDFC Bank Limited | PairCorr |
| 0.73 | CIHKY | China Merchants Bank | PairCorr |
| 0.62 | FITBP | Fifth Third Bancorp | PairCorr |
Moving against MCNB Pink Sheet
The ability to find closely correlated positions to MCNB Banks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MCNB Banks 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 MCNB Banks - 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 MCNB Banks to buy it.
The correlation of MCNB Banks 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 MCNB Banks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MCNB Banks 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 MCNB Banks 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.Other Information on Investing in MCNB Pink Sheet
MCNB Banks financial ratios help investors to determine whether MCNB Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MCNB with respect to the benefits of owning MCNB Banks security.