Versabank Stock Price on October 7, 2024
| VBNK Stock | USD 17.59 0.47 2.75% |
Below is the normalized historical share price chart for VersaBank extending back to August 11, 2017. 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 VersaBank stands at 17.59, as last reported on the 26th of November, with the highest price reaching 18.11 and the lowest price hitting 17.18 during the day.
If you're considering investing in VersaBank Stock, it is important to understand the factors that can impact its price. VersaBank appears to be not too volatile, given 3 months investment horizon. VersaBank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. By inspecting VersaBank's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please review VersaBank's Coefficient Of Variation of 422.59, risk adjusted performance of 0.1881, and Semi Deviation of 1.32 to confirm if our risk estimates are consistent with your expectations.
At this time, VersaBank's Liabilities And Stockholders Equity is quite stable compared to the past year. Stock Based Compensation To Revenue is expected to rise to 0 this year, although the value of Total Stockholder Equity will most likely fall to about 238.8 M. . At this time, VersaBank's Price Cash Flow Ratio is quite stable compared to the past year. Price Fair Value is expected to rise to 0.84 this year, although the value of Price Sales Ratio will most likely fall to 1.25. VersaBank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of August 2021 | 200 Day MA 11.9029 | 50 Day MA 14.7786 | Beta 1.057 |
VersaBank |
Sharpe Ratio = 0.2383
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | VBNK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average VersaBank is performing at about 18% 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 VersaBank by adding it to a well-diversified portfolio.
Price Book 1.5743 | Price Sales 3.9112 | Shares Float 14 M | Dividend Share 0.1 | Wall Street Target Price 17 |
VersaBank Valuation on October 7, 2024
It is possible to determine the worth of VersaBank on a given historical date. On October 7, 2024 VersaBank was worth 13.32 at the beginning of the trading date compared to the closed value of 13.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VersaBank stock. Still, in general, we apply an absolute valuation method to find VersaBank'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 VersaBank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VersaBank's related companies.
| Open | High | Low | Close | Volume | |
| 13.10 | 13.32 | 13.10 | 13.30 | 236,678 | |
10/07/2024 | 13.32 | 13.68 | 13.23 | 13.23 | 34,663 |
| 13.31 | 13.47 | 13.31 | 13.45 | 16,873 |
| Backtest VersaBank | | | VersaBank History | | | VersaBank Valuation | Previous | Next |
VersaBank Trading Date Momentum on October 7, 2024
| On October 08 2024 VersaBank was traded for 13.45 at the closing time. The top price for the day was 13.47 and the lowest listed price was 13.31 . The trading volume for the day was 16.9 K. The trading history from October 8, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 1.66% . The trading price change against the current closing price is 17.01% . |
VersaBank Fundamentals Correlations and Trends
By evaluating VersaBank'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 VersaBank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VersaBank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About VersaBank Stock history
VersaBank 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 VersaBank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VersaBank 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 VersaBank stock prices may prove useful in developing a viable investing in VersaBank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.2 M | 22.6 M | |
| Net Income Applicable To Common Shares | 47.4 M | 23.9 M |
VersaBank Stock Technical Analysis
VersaBank 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
VersaBank Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
VersaBank 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.
VersaBank November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how VersaBank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VersaBank shares will generate the highest return on investment. By undertsting and applying VersaBank stock market strength indicators, traders can identify VersaBank entry and exit signals to maximize returns
VersaBank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VersaBank's price direction in advance. Along with the technical and fundamental analysis of VersaBank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of VersaBank 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 | 0.1881 | |||
| Jensen Alpha | 0.3608 | |||
| Total Risk Alpha | 0.1669 | |||
| Sortino Ratio | 0.2285 | |||
| Treynor Ratio | 0.3962 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VersaBank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 VersaBank. If investors know VersaBank 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 VersaBank 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 (0.04) | Dividend Share 0.1 | Earnings Share 1.26 | Revenue Per Share 4.385 | Quarterly Revenue Growth 0.012 |
The market value of VersaBank is measured differently than its book value, which is the value of VersaBank that is recorded on the company's balance sheet. Investors also form their own opinion of VersaBank's value that differs from its market value or its book value, called intrinsic value, which is VersaBank'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 VersaBank's market value can be influenced by many factors that don't directly affect VersaBank'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 VersaBank's value and its price as these two are different measures arrived at by different means. Investors typically determine if VersaBank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VersaBank'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.