Towne Graham Number from 2010 to 2026
| TOWN Stock | USD 36.04 0.21 0.58% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 33.52 | Current Value 17.06 | Quarterly Volatility 9.77566776 |
Check Towne Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Towne Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 42.3 M, Interest Expense of 400.8 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 3.87, Dividend Yield of 0.0206 or PTB Ratio of 1.62. Towne financial statements analysis is a perfect complement when working with Towne Bank Valuation or Volatility modules.
Towne | Graham Number | Build AI portfolio with Towne Stock |
Latest Towne Bank's Graham Number Growth Pattern
Below is the plot of the Graham Number of Towne Bank over the last few years. It is Towne Bank's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Towne Bank's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
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Graham Number |
| Timeline |
Towne Graham Number Regression Statistics
| Arithmetic Mean | 26.82 | |
| Geometric Mean | 23.75 | |
| Coefficient Of Variation | 36.45 | |
| Mean Deviation | 7.92 | |
| Median | 24.03 | |
| Standard Deviation | 9.78 | |
| Sample Variance | 95.56 | |
| Range | 39.3923 | |
| R-Value | 0.66 | |
| Mean Square Error | 57.42 | |
| R-Squared | 0.44 | |
| Significance | 0 | |
| Slope | 1.28 | |
| Total Sum of Squares | 1,529 |
Towne Graham Number History
About Towne Bank Financial Statements
Towne Bank investors utilize fundamental indicators, such as Graham Number, to predict how Towne 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 | ||
| Graham Number | 33.52 | 17.06 |
Pair Trading with Towne Bank
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 Towne Bank 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 Towne Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Towne Stock
| 0.95 | BY | Byline Bancorp | PairCorr |
| 0.83 | PB | Prosperity Bancshares | PairCorr |
| 0.73 | SANB | SANTANDER UK 8 | PairCorr |
| 0.67 | WAFD | Washington Federal | PairCorr |
| 0.82 | BFC | Bank First National | PairCorr |
Moving against Towne Stock
| 0.61 | PBHC | Pathfinder Bancorp Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Towne Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Towne Bank 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 Towne Bank - 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 Towne Bank to buy it.
The correlation of Towne Bank 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 Towne Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Towne Bank 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 Towne Bank 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 Towne Bank Correlation against competitors. To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Will Regional Banks sector continue expanding? Could Towne diversify its offerings? Factors like these will boost the valuation of Towne Bank. If investors know Towne will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Towne Bank data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.11) | Dividend Share 1.04 | Earnings Share 2.23 | Revenue Per Share | Quarterly Revenue Growth 0.141 |
Investors evaluate Towne Bank using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Towne Bank's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Towne Bank's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Towne Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Towne Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Towne Bank's market price signifies the transaction level at which participants voluntarily complete trades.