Ohio Valley Banc Stock Beta
| OVBC Stock | USD 27.75 0.09 0.32% |
Ohio Valley Banc fundamentals help investors to digest information that contributes to Ohio Valley's financial success or failures. It also enables traders to predict the movement of Ohio Stock. The fundamental analysis module provides a way to measure Ohio Valley's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ohio Valley stock.
Ohio | Beta |
Ohio Valley Banc Company Beta Analysis
Ohio Valley's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Ohio Valley Beta | 0.02 |
Most of Ohio Valley's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ohio Valley Banc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ohio Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Ohio Valley is extremely important. It helps to project a fair market value of Ohio Stock properly, considering its historical fundamentals such as Beta. Since Ohio Valley's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ohio Valley's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ohio Valley's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Ohio Valley Banc has a Beta of 0.02. This is 97.56% lower than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all United States stocks is 113.33% lower than that of the firm.
Ohio Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ohio Valley's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ohio Valley could also be used in its relative valuation, which is a method of valuing Ohio Valley by comparing valuation metrics of similar companies.Ohio Valley is currently under evaluation in beta category among its peers.
Ohio Valley Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ohio Valley from analyzing Ohio Valley's financial statements. These drivers represent accounts that assess Ohio Valley's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ohio Valley's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 188.9M | 113.0M | 141.7M | 126.0M | 113.4M | 89.1M | |
| Enterprise Value | 177.7M | 9.4M | 16.7M | 105.9M | 121.8M | 132.6M |
Ohio Valley ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ohio Valley's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ohio Valley's managers, analysts, and investors.Environmental | Governance | Social |
Ohio Valley Institutional Holders
Institutional Holdings refers to the ownership stake in Ohio Valley that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ohio Valley's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ohio Valley's value.| Shares | Lido Advisors, Llc | 2024-06-30 | 14.6 K | Renaissance Technologies Corp | 2024-09-30 | 14 K | State Street Corp | 2024-06-30 | 11.4 K | Northern Trust Corp | 2024-09-30 | 10.9 K | Royal Bank Of Canada | 2024-06-30 | 2.4 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2 K | U.s. Bancorp | 2024-06-30 | 1.9 K | Bank Of America Corp | 2024-06-30 | 1.6 K | Ubs Group Ag | 2024-06-30 | 1.2 K | Manufacturers Life Insurance Co | 2024-09-30 | 209 K | Abundance Wealth Counselors | 2024-09-30 | 94.9 K |
As returns on the market increase, Ohio Valley's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ohio Valley is expected to be smaller as well.
Ohio Fundamentals
| Return On Equity | 0.081 | ||||
| Return On Asset | 0.0083 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 98.32 M | ||||
| Shares Outstanding | 4.71 M | ||||
| Shares Owned By Insiders | 20.27 % | ||||
| Shares Owned By Institutions | 15.39 % | ||||
| Number Of Shares Shorted | 11.95 K | ||||
| Price To Earning | 10.69 X | ||||
| Price To Book | 0.86 X | ||||
| Price To Sales | 2.28 X | ||||
| Revenue | 56.57 M | ||||
| Gross Profit | 54.97 M | ||||
| EBITDA | 16.78 M | ||||
| Net Income | 12.63 M | ||||
| Cash And Equivalents | 95.97 M | ||||
| Cash Per Share | 20.11 X | ||||
| Total Debt | 54.3 M | ||||
| Debt To Equity | 7.80 % | ||||
| Book Value Per Share | 32.30 X | ||||
| Cash Flow From Operations | 20.75 M | ||||
| Short Ratio | 4.40 X | ||||
| Earnings Per Share | 2.47 X | ||||
| Number Of Employees | 270 | ||||
| Beta | 0.02 | ||||
| Market Capitalization | 130.07 M | ||||
| Total Asset | 1.35 B | ||||
| Retained Earnings | 114.87 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 2.77 % | ||||
| Net Asset | 1.35 B | ||||
| Last Dividend Paid | 0.88 |
About Ohio Valley Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ohio Valley Banc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ohio Valley using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ohio Valley Banc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ohio Valley Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohio Valley's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ohio Valley Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohio Valley Banc Stock:Check out Ohio Valley Piotroski F Score and Ohio Valley Altman Z Score analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Ohio Valley. If investors know Ohio 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 Ohio Valley 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 0.224 | Dividend Share 0.88 | Earnings Share 2.47 | Revenue Per Share 12.065 | Quarterly Revenue Growth 0.112 |
The market value of Ohio Valley Banc is measured differently than its book value, which is the value of Ohio that is recorded on the company's balance sheet. Investors also form their own opinion of Ohio Valley's value that differs from its market value or its book value, called intrinsic value, which is Ohio Valley'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 Ohio Valley's market value can be influenced by many factors that don't directly affect Ohio Valley'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 Ohio Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Valley'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.