Towne Bank Stock Price on October 11, 2024
| TOWN Stock | USD 36.68 0.32 0.86% |
Below is the normalized historical share price chart for Towne Bank extending back to May 07, 1999. 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 Towne Bank stands at 36.68, as last reported on the 28th of November, with the highest price reaching 37.41 and the lowest price hitting 36.44 during the day.
If you're considering investing in Towne Stock, it is important to understand the factors that can impact its price. As of now, Towne Stock is very steady. Towne Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0581, which indicates the firm had a 0.0581% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Towne Bank, which you can use to evaluate the volatility of the company. Please validate Towne Bank's Risk Adjusted Performance of 0.0643, coefficient of variation of 1321.9, and Semi Deviation of 1.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, Towne Bank's Total Stockholder Equity is very stable compared to the past year. As of the 28th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 17.7 B, while Common Stock Shares Outstanding is likely to drop about 45 M. . At this time, Towne Bank's Price Cash Flow Ratio is very stable compared to the past year. As of the 28th of November 2024, Price Sales Ratio is likely to grow to 4.43, though Price Earnings To Growth Ratio is likely to grow to (0.66). Towne Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of May 1999 | 200 Day MA 30.1063 | 50 Day MA 34.0842 | Beta 0.907 |
Towne |
Sharpe Ratio = 0.0581
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| Cash | Small Risk | TOWN | High Risk | Huge Risk |
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.12 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 Towne Bank 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 Towne Bank by adding it to a well-diversified portfolio.
Price Book 1.2844 | Price Sales 4.103 | Shares Float 68.7 M | Dividend Share 1 | Wall Street Target Price 38 |
Towne Bank Main Headline on 11th of October 2024
Towne Bank dividend paid on 11th of October 2024 |
Towne Bank Valuation on October 11, 2024
It is possible to determine the worth of Towne Bank on a given historical date. On October 11, 2024 Towne was worth 33.19 at the beginning of the trading date compared to the closed value of 34.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Towne Bank stock. Still, in general, we apply an absolute valuation method to find Towne 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 Towne Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Towne Bank's related companies.
| Open | High | Low | Close | Volume | |
| 32.94 | 33.12 | 32.72 | 33.02 | 154,292 | |
10/11/2024 | 33.19 | 34.26 | 33.19 | 34.15 | 229,697 |
| 34.15 | 34.71 | 33.92 | 34.59 | 145,897 |
| Backtest Towne Bank | | | Towne Bank History | | | Towne Bank Valuation | Previous | Next |
Towne Bank Trading Date Momentum on October 11, 2024
| On October 14 2024 Towne Bank was traded for 34.59 at the closing time. The top price for the day was 34.71 and the lowest listed price was 33.92 . The trading volume for the day was 145.9 K. The trading history from October 14, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 1.29% . The trading price change against the current closing price is 2.11% . |
Towne Bank Fundamentals Correlations and Trends
By evaluating Towne 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 Towne Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Towne financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Towne Bank Stock history
Towne 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 Towne is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Towne 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 Towne Bank stock prices may prove useful in developing a viable investing in Towne Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 74.7 M | 45 M | |
| Net Income Applicable To Common Shares | 14.2 M | 13.5 M |
Towne Bank Stock Technical Analysis
Towne 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, stock market cycles, or different charting patterns.
Price Boundaries
Towne Bank Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Towne 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.
Towne Bank November 28, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Towne Bank's price direction in advance. Along with the technical and fundamental analysis of Towne Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Towne 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 | 0.0643 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0193 | |||
| Treynor Ratio | 0.0772 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towne Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.