Peoples Bancorp Stock Forecast - Rate Of Daily Change

PEBO Stock  USD 35.23  0.44  1.26%   
Peoples Stock Forecast is based on your current time horizon. Although Peoples Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Peoples Bancorp's systematic risk associated with finding meaningful patterns of Peoples Bancorp fundamentals over time.
  
As of the 22nd of November 2024, Asset Turnover is likely to grow to 0.05, while Receivables Turnover is likely to drop 1.02. . As of the 22nd of November 2024, Common Stock Shares Outstanding is likely to grow to about 34.4 M. Also, Net Income Applicable To Common Shares is likely to grow to about 121.8 M.
Peoples Bancorp has current Rate Of Daily Change of 1.01. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Peoples Bancorp.
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Peoples Bancorp Trading Date Momentum

On November 22 2024 Peoples Bancorp was traded for  35.23  at the closing time. The top price for the day was 35.78  and the lowest listed price was  34.80 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.65% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Peoples Bancorp

For every potential investor in Peoples, whether a beginner or expert, Peoples Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Peoples Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Peoples. Basic forecasting techniques help filter out the noise by identifying Peoples Bancorp's price trends.

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 Risk & Return  Correlation

Peoples Bancorp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Peoples Bancorp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Peoples Bancorp's current price.

Peoples Bancorp Market Strength Events

Market strength indicators help investors to evaluate how Peoples Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Peoples Bancorp shares will generate the highest return on investment. By undertsting and applying Peoples Bancorp stock market strength indicators, traders can identify Peoples Bancorp entry and exit signals to maximize returns.

Peoples Bancorp Risk Indicators

The analysis of Peoples Bancorp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Peoples Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting peoples stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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

  0.99AX Axos FinancialPairCorr
  0.98BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.98PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against Peoples Stock

  0.52CFG-PE Citizens FinancialPairCorr
  0.48TFC-PO Truist FinancialPairCorr
  0.48TFC-PR Truist FinancialPairCorr
  0.37WF Woori Financial GroupPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Peoples Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peoples Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Peoples Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peoples Bancorp Stock:
Check out Historical Fundamental Analysis of Peoples Bancorp to cross-verify your projections.
To learn how to invest in Peoples Stock, please use our How to Invest in Peoples Bancorp guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.