Towne Bank Stock Forecast - Downside Variance
| TOWN Stock | USD 36.13 0.82 2.32% |
Towne Stock Forecast is based on your current time horizon. Although Towne Bank's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Towne Bank's systematic risk associated with finding meaningful patterns of Towne Bank fundamentals over time.
Towne |
| Check Towne Bank Volatility | Backtest Towne Bank | Information Ratio |
Towne Bank Trading Date Momentum
| On November 25 2024 Towne Bank was traded for 36.13 at the closing time. The top price for the day was 36.20 and the lowest listed price was 35.25 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 1.47% . |
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Other Forecasting Options for Towne Bank
For every potential investor in Towne, whether a beginner or expert, Towne Bank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Towne Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Towne. Basic forecasting techniques help filter out the noise by identifying Towne Bank's price trends.View Towne Bank Related Equities
| Risk & Return | Correlation |
Towne Bank 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 Towne Bank'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 Towne Bank's current price.| Cycle Indicators | ||
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Towne Bank Market Strength Events
Market strength indicators help investors to evaluate how Towne Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Towne Bank shares will generate the highest return on investment. By undertsting and applying Towne Bank stock market strength indicators, traders can identify Towne Bank entry and exit signals to maximize returns.
Towne Bank Risk Indicators
The analysis of Towne Bank'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 Towne Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting towne 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.
| Mean Deviation | 1.34 | |||
| Semi Deviation | 1.43 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.44 | |||
| Downside Variance | 2.61 | |||
| Semi Variance | 2.04 | |||
| Expected Short fall | (1.47) |
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 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
| 0.83 | AX | Axos Financial | PairCorr |
| 0.78 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.8 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Towne Stock
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 Historical Fundamental Analysis of Towne Bank to cross-verify your projections. To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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 Towne Bank. If investors know Towne 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 Towne Bank 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 (0.05) | Dividend Share 1 | Earnings Share 2 | Revenue Per Share 8.973 | Quarterly Revenue Growth 0.022 |
The market value of Towne Bank is measured differently than its book value, which is the value of Towne that is recorded on the company's balance sheet. Investors also form their own opinion of Towne Bank's value that differs from its market value or its book value, called intrinsic value, which is Towne Bank'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 Towne Bank's market value can be influenced by many factors that don't directly affect Towne Bank'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 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. However, Towne Bank'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.