Mid Penn Bancorp Stock Price on August 26, 2024

MPB Stock  USD 31.65  0.20  0.64%   
Below is the normalized historical share price chart for Mid Penn Bancorp extending back to August 23, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mid Penn stands at 31.65, as last reported on the 22nd of November, with the highest price reaching 32.14 and the lowest price hitting 31.25 during the day.
IPO Date
4th of December 1997
200 Day MA
24.7058
50 Day MA
30.6548
Beta
0.561
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mid Stock, it is important to understand the factors that can impact its price. At this point, Mid Penn is very steady. Mid Penn Bancorp has Sharpe Ratio of 0.0628, which conveys that the firm had a 0.0628% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mid Penn, which you can use to evaluate the volatility of the firm. Please verify Mid Penn's Downside Deviation of 1.54, mean deviation of 1.4, and Risk Adjusted Performance of 0.0899 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At present, Mid Penn's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 569.5 M, whereas Treasury Stock is projected to grow to (4.2 M). . At present, Mid Penn's Price Earnings Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 13.46, whereas Price To Sales Ratio is forecasted to decline to 2.30. Mid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0628

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Estimated Market Risk

 1.78
  actual daily
15
85% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Mid Penn is performing at about 4% of its full potential. 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 Mid Penn by adding it to a well-diversified portfolio.
Price Book
1.062
Price Sales
3.5095
Shares Float
14.7 M
Dividend Share
0.8
Wall Street Target Price
35.8333

Mid Penn Main Headline on 26th of August 2024

Mid Penn Bancorp dividend paid on 26th of August 2024

Mid Penn Valuation on August 26, 2024

It is possible to determine the worth of Mid Penn on a given historical date. On August 26, 2024 Mid was worth 29.71 at the beginning of the trading date compared to the closed value of 29.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mid Penn stock. Still, in general, we apply an absolute valuation method to find Mid Penn'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 Mid Penn where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mid Penn's related companies.
 Open High Low Close Volume
  28.15    30.02    28.15    29.60    48,977  
08/26/2024
  29.71    30.32    29.55    29.79    63,623  
  29.85    29.85    29.05    29.24    26,562  
Backtest Mid Penn  |  Mid Penn History  |  Mid Penn Valuation   PreviousNext  
Open Value
29.71
29.79
Closing Value
35.04
Upside

Mid Penn Trading Date Momentum on August 26, 2024

On August 27 2024 Mid Penn Bancorp was traded for  29.24  at the closing time. Highest Mid Penn's price during the trading hours was 29.85  and the lowest price during the day was  29.05 . The net volume was 26.6 K. The overall trading history on the 27th of August contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.85% . The trading delta at closing time to current price is 1.75% .

Mid Penn Bancorp Fundamentals Correlations and Trends

By evaluating Mid Penn'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 Mid Penn's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mid financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mid Penn Stock history

Mid Penn 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 Mid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mid Penn Bancorp 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 Mid Penn stock prices may prove useful in developing a viable investing in Mid Penn
Last ReportedProjected for Next Year
Common Stock Shares Outstanding16.4 M17.2 M
Net Income Applicable To Common Shares63 M66.2 M

Mid Penn Stock Technical Analysis

Mid Penn 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, stock market cycles, or different charting patterns.
A focus of Mid Penn technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mid Penn trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mid Penn Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mid Penn Bancorp 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.

Mid Penn November 22, 2024 Market Strength

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

Mid Penn Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mid Penn's price direction in advance. Along with the technical and fundamental analysis of Mid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mid 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.

Complementary Tools for Mid Stock analysis

When running Mid Penn's price analysis, check to measure Mid Penn'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 Mid Penn is operating at the current time. Most of Mid Penn's value examination focuses on studying past and present price action to predict the probability of Mid Penn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mid Penn's price. Additionally, you may evaluate how the addition of Mid Penn to your portfolios can decrease your overall portfolio volatility.
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