Macatawa Bank Price on March 31, 2024
If you're considering investing in Macatawa Stock, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for Macatawa Bank, which you can use to evaluate the volatility of the firm. Please verify Macatawa Bank's Downside Deviation of 0.7787, mean deviation of 0.6456, and Risk Adjusted Performance of 0.0869 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
Macatawa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Macatawa Bank is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Macatawa Bank by adding Macatawa Bank to a well-diversified portfolio.
Related Headline
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Macatawa Bank Valuation on March 31, 2024
It is possible to determine the worth of Macatawa Bank on a given historical date. On March 31, 2024 Macatawa was worth 9.62 at the beginning of the trading date compared to the closed value of 9.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Macatawa Bank stock. Still, in general, we apply an absolute valuation method to find Macatawa Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Macatawa Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Macatawa Bank's related companies.
Open | High | Low | Close | Volume | |
9.38 | 9.64 | 9.38 | 9.64 | 43,451 | |
03/28/2024 | 9.62 | 9.76 | 9.59 | 9.73 | 59,650 |
9.70 | 9.75 | 9.48 | 9.58 | 59,532 |
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Macatawa Bank Trading Date Momentum on March 31, 2024
On April 01 2024 Macatawa Bank was traded for 9.58 at the closing time. The top price for the day was 9.75 and the lowest listed price was 9.48 . The trading volume for the day was 59.5 K. The trading history from April 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.54% . The trading delta at closing time against the current closing price is 0.92% . |
Macatawa Bank Fundamentals Correlations and Trends
By evaluating Macatawa Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Macatawa Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Macatawa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Macatawa Bank Stock history
Macatawa Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Macatawa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Macatawa Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Macatawa Bank stock prices may prove useful in developing a viable investing in Macatawa Bank
Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services. Macatawa Bank Corporation was incorporated in 1997 and is based in Holland, Michigan. Macatawa Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 279 people.
Macatawa Bank Stock Technical Analysis
Macatawa Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Price Boundaries
Macatawa Bank Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Macatawa Bank cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Macatawa Bank November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Macatawa 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 Macatawa Bank shares will generate the highest return on investment. By undertsting and applying Macatawa Bank stock market strength indicators, traders can identify Macatawa Bank entry and exit signals to maximize returns
Macatawa Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Macatawa Bank's price direction in advance. Along with the technical and fundamental analysis of Macatawa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Macatawa to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0869 | |||
Jensen Alpha | 0.0988 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (1.20) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Macatawa Stock
If you are still planning to invest in Macatawa Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Macatawa Bank's history and understand the potential risks before investing.
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