Peoples Change To Netincome from 2010 to 2024
PEBO Stock | USD 35.08 0.13 0.37% |
Change To Netincome | First Reported 2011-12-31 | Previous Quarter 10.1 M | Current Value -6.8 M | Quarterly Volatility 14.3 M |
Check Peoples Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Peoples Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.9 M, Interest Expense of 105 M or Selling General Administrative of 181.9 M, as well as many indicators such as Price To Sales Ratio of 2.29, Dividend Yield of 0.0249 or PTB Ratio of 1.36. Peoples financial statements analysis is a perfect complement when working with Peoples Bancorp Valuation or Volatility modules.
Peoples | Change To Netincome |
Latest Peoples Bancorp's Change To Netincome Growth Pattern
Below is the plot of the Change To Netincome of Peoples Bancorp over the last few years. It is Peoples Bancorp's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Peoples Bancorp's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome | 10 Years Trend |
|
Change To Netincome |
Timeline |
Peoples Change To Netincome Regression Statistics
Arithmetic Mean | 10,170,166 | |
Coefficient Of Variation | 162.97 | |
Mean Deviation | 9,967,954 | |
Median | 7,579,000 | |
Standard Deviation | 16,574,796 | |
Sample Variance | 274.7T | |
Range | 67M | |
R-Value | 0.41 | |
Mean Square Error | 247.1T | |
R-Squared | 0.16 | |
Significance | 0.13 | |
Slope | 1,504,126 | |
Total Sum of Squares | 3846.1T |
Peoples Change To Netincome History
About Peoples Bancorp Financial Statements
Peoples Bancorp investors utilize fundamental indicators, such as Change To Netincome, to predict how Peoples 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 | ||
Change To Netincome | 11.6 M | 11.2 M |
Pair Trading with Peoples Bancorp
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 Peoples Bancorp 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 Peoples Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Peoples Stock
Moving against Peoples Stock
0.68 | CFG-PE | Citizens Financial | PairCorr |
0.6 | TFC-PR | Truist Financial | PairCorr |
0.59 | TFC-PO | Truist Financial | PairCorr |
0.31 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Peoples Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peoples Bancorp 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 Peoples Bancorp - 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 Peoples Bancorp to buy it.
The correlation of Peoples Bancorp 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 Peoples Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peoples Bancorp 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 Peoples Bancorp 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 Peoples Bancorp Correlation against competitors. To learn how to invest in Peoples Stock, please use our How to Invest in Peoples Bancorp guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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 Peoples Bancorp. If investors know Peoples 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 Peoples Bancorp 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 (0.01) | Dividend Share 1.59 | Earnings Share 3.52 | Revenue Per Share 12.327 | Quarterly Revenue Growth (0.05) |
The market value of Peoples Bancorp is measured differently than its book value, which is the value of Peoples that is recorded on the company's balance sheet. Investors also form their own opinion of Peoples Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Peoples Bancorp'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 Peoples Bancorp's market value can be influenced by many factors that don't directly affect Peoples Bancorp'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 Peoples Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peoples Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peoples Bancorp'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.