Pinnacle Financial Statements From 2010 to 2026
| PPBN Stock | USD 44.70 0.01 0.02% |
Check Pinnacle Bankshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pinnacle Bankshares' main balance sheet or income statement drivers, such as , as well as many indicators such as . Pinnacle financial statements analysis is a perfect complement when working with Pinnacle Bankshares Valuation or Volatility modules.
Pinnacle |
Pinnacle Bankshares OTC Stock Return On Equity Analysis
Pinnacle Bankshares' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Pinnacle Bankshares Return On Equity | 0.14 |
Most of Pinnacle Bankshares' fundamental indicators, such as Return On Equity, 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, Pinnacle Bankshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Pinnacle Bankshares has a Return On Equity of 0.1381. This is 90.48% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 144.55% lower than that of the firm.
Pinnacle Bankshares Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pinnacle Bankshares's current stock value. Our valuation model uses many indicators to compare Pinnacle Bankshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pinnacle Bankshares competition to find correlations between indicators driving Pinnacle Bankshares's intrinsic value. More Info.Pinnacle Bankshares is regarded fourth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Pinnacle Bankshares is roughly 16.64 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Pinnacle Bankshares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pinnacle Bankshares' OTC Stock. 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 Pinnacle Bankshares Financial Statements
Pinnacle Bankshares investors utilize fundamental indicators, such as revenue or net income, to predict how Pinnacle OTC 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.
Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company was founded in 1908 and is headquartered in Altavista, Virginia. Pinnacle Bankshares operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 178 people.
Pair Trading with Pinnacle Bankshares
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 Pinnacle Bankshares 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 Pinnacle Bankshares will appreciate offsetting losses from the drop in the long position's value.Moving together with Pinnacle OTC Stock
Moving against Pinnacle OTC Stock
| 0.67 | PIFMY | Indofood Sukses Makmur | PairCorr |
| 0.56 | PTAIF | PT Astra International | PairCorr |
| 0.5 | CNNA | Cann American Corp | PairCorr |
The ability to find closely correlated positions to Pinnacle Bankshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinnacle Bankshares 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 Pinnacle Bankshares - 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 Pinnacle Bankshares to buy it.
The correlation of Pinnacle Bankshares 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 Pinnacle Bankshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinnacle Bankshares 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 Pinnacle Bankshares 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 Pinnacle OTC Stock
Pinnacle Bankshares financial ratios help investors to determine whether Pinnacle OTC Stock 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 Pinnacle with respect to the benefits of owning Pinnacle Bankshares security.