Bayfirst Financial Corp Stock Market Value
| BAFN Stock | USD 12.85 0.64 4.74% |
| Symbol | Bayfirst |
Bayfirst Financial Corp Price To Book Ratio
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 Bayfirst Financial. If investors know Bayfirst 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 Bayfirst Financial 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 (0.56) | Dividend Share 0.32 | Earnings Share 0.74 | Revenue Per Share 30.056 | Quarterly Revenue Growth (0.07) |
The market value of Bayfirst Financial Corp is measured differently than its book value, which is the value of Bayfirst that is recorded on the company's balance sheet. Investors also form their own opinion of Bayfirst Financial's value that differs from its market value or its book value, called intrinsic value, which is Bayfirst Financial'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 Bayfirst Financial's market value can be influenced by many factors that don't directly affect Bayfirst Financial'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 Bayfirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bayfirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bayfirst Financial'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.
Bayfirst Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bayfirst Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bayfirst Financial.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Bayfirst Financial on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Bayfirst Financial Corp or generate 0.0% return on investment in Bayfirst Financial over 30 days. Bayfirst Financial is related to or competes with Home Federal, LINKBANCORP, Affinity Bancshares, BayCom Corp, Community West, First Financial, and Northeast Community. BayFirst Financial Corp. operates as the bank holding company for First Home Bank that provides commercial and consumer ... More
Bayfirst Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bayfirst Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bayfirst Financial Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.06 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 5.23 |
Bayfirst Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bayfirst Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bayfirst Financial's standard deviation. In reality, there are many statistical measures that can use Bayfirst Financial historical prices to predict the future Bayfirst Financial's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.2359 |
Bayfirst Financial Corp Backtested Returns
Bayfirst Financial Corp secures Sharpe Ratio (or Efficiency) of -0.0493, which signifies that the company had a -0.0493% return per unit of risk over the last 3 months. Bayfirst Financial Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bayfirst Financial's Standard Deviation of 2.18, insignificant risk adjusted performance, and Mean Deviation of 1.52 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bayfirst Financial are expected to decrease at a much lower rate. During the bear market, Bayfirst Financial is likely to outperform the market. At this point, Bayfirst Financial Corp has a negative expected return of -0.1%. Please make sure to confirm Bayfirst Financial's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Bayfirst Financial Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Bayfirst Financial Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Bayfirst Financial time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bayfirst Financial Corp price movement. The serial correlation of -0.73 indicates that around 73.0% of current Bayfirst Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Bayfirst Financial Corp lagged returns against current returns
Autocorrelation, which is Bayfirst Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bayfirst Financial's stock expected returns. We can calculate the autocorrelation of Bayfirst Financial returns to help us make a trade decision. For example, suppose you find that Bayfirst Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bayfirst Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bayfirst Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bayfirst Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bayfirst Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Bayfirst Financial Lagged Returns
When evaluating Bayfirst Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bayfirst Financial stock have on its future price. Bayfirst Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bayfirst Financial autocorrelation shows the relationship between Bayfirst Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Bayfirst Financial Corp.
Regressed Prices |
| Timeline |
Pair Trading with Bayfirst Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bayfirst Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bayfirst Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bayfirst Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bayfirst Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bayfirst Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bayfirst Financial Corp to buy it.
The correlation of Bayfirst Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bayfirst Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bayfirst Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bayfirst Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Bayfirst Financial Correlation, Bayfirst Financial Volatility and Bayfirst Financial Alpha and Beta module to complement your research on Bayfirst Financial. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Bayfirst Financial 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.