WSB Financial Statements From 2010 to 2025
| WSFGQ Stock | USD 0.0001 0.00 0.00% |
Check WSB Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WSB Financial's main balance sheet or income statement drivers, such as , as well as many indicators such as . WSB financial statements analysis is a perfect complement when working with WSB Financial Valuation or Volatility modules.
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WSB Financial Group Company Price To Book Analysis
WSB Financial's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current WSB Financial Price To Book | 0.0005 X |
Most of WSB Financial's fundamental indicators, such as Price To Book, 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, WSB Financial Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, WSB Financial Group has a Price To Book of 5.0E-4 times. This is 99.99% lower than that of the Banks sector and significantly higher than that of the Financials industry. The price to book for all United States stocks is 99.99% higher than that of the company.
WSB Financial Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WSB Financial's current stock value. Our valuation model uses many indicators to compare WSB Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WSB Financial competition to find correlations between indicators driving WSB Financial's intrinsic value. More Info.WSB Financial Group is rated fourth in return on equity category among its peers. It is rated second in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the WSB Financial's earnings, one of the primary drivers of an investment's value.About WSB Financial Financial Statements
WSB Financial shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although WSB Financial investors may analyze each financial statement separately, they are all interrelated. The changes in WSB Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on WSB Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
WSB Financial Group, Inc. operates as the holding company for Westsound Bank that offers various commercial banking services to real estate developers, contractors, small to medium-sized businesses, individuals, professionals, and professional firms in Washington. The bank was founded in 1999 and is headquartered in Bremerton, Washington. Wsb Financial operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 93 people.
Pair Trading with WSB Financial
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 WSB Financial 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 WSB Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to WSB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WSB Financial 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 WSB Financial - 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 WSB Financial Group to buy it.
The correlation of WSB Financial 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 WSB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WSB Financial Group 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 WSB Financial 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.Additional Tools for WSB Pink Sheet Analysis
When running WSB Financial's price analysis, check to measure WSB Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WSB Financial is operating at the current time. Most of WSB Financial's value examination focuses on studying past and present price action to predict the probability of WSB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WSB Financial's price. Additionally, you may evaluate how the addition of WSB Financial to your portfolios can decrease your overall portfolio volatility.