Banc Of's market value is the price at which a share of Banc Of trades on a public exchange. It measures the collective expectations of Banc of California investors about its performance. Banc Of is trading at 25.45 as of the 3rd of February 2025. This is a 0.08% down since the beginning of the trading day. The stock's lowest day price was 25.25. With this module, you can estimate the performance of a buy and hold strategy of Banc of California and determine expected loss or profit from investing in Banc Of over a given investment horizon. Check out Banc Of Correlation, Banc Of Volatility and Banc Of Alpha and Beta module to complement your research on Banc Of.
Please note, there is a significant difference between Banc Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banc Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banc Of'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.
Banc Of '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 Banc Of'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 Banc Of.
0.00
02/14/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
02/03/2025
0.00
If you would invest 0.00 in Banc Of on February 14, 2023 and sell it all today you would earn a total of 0.00 from holding Banc of California or generate 0.0% return on investment in Banc Of over 720 days. Banc Of is related to or competes with Axos Financial, Byline Bancorp, KB Financial, Nu Holdings, Prosperity Bancshares, Regions Financial, and Woori Financial. Banc Of is entity of United States. It is traded as Stock on NYSE exchange. More
Banc Of 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 Banc Of'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 Banc of California upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banc Of's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banc Of's standard deviation. In reality, there are many statistical measures that can use Banc Of historical prices to predict the future Banc Of's volatility.
At this point, Banc Of is very steady. Banc of California secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Banc of California, which you can use to evaluate the volatility of the firm. Please confirm Banc Of's Risk Adjusted Performance of 0.1714, downside deviation of 0.4877, and Mean Deviation of 0.4235 to double-check if the risk estimate we provide is consistent with the expected return of 0.0973%. Banc Of has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Banc Of's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banc Of is expected to be smaller as well. Banc of California right now shows a risk of 0.57%. Please confirm Banc of California standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Banc of California will be following its price patterns.
Auto-correlation
0.49
Average predictability
Banc of California has average predictability. Overlapping area represents the amount of predictability between Banc Of time series from 14th of February 2023 to 9th of February 2024 and 9th of February 2024 to 3rd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Banc of California price movement. The serial correlation of 0.49 indicates that about 49.0% of current Banc Of price fluctuation can be explain by its past prices.
Correlation Coefficient
0.49
Spearman Rank Test
0.32
Residual Average
0.0
Price Variance
1.68
Banc of California lagged returns against current returns
Autocorrelation, which is Banc Of 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 Banc Of's stock expected returns. We can calculate the autocorrelation of Banc Of returns to help us make a trade decision. For example, suppose you find that Banc Of 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
Banc Of 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 Banc Of stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banc Of stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banc Of stock over time.
Current vs Lagged Prices
Timeline
Banc Of Lagged Returns
When evaluating Banc Of's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banc Of stock have on its future price. Banc Of 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, Banc Of autocorrelation shows the relationship between Banc Of stock current value and its past values and can show if there is a momentum factor associated with investing in Banc of California.
Banc Of financial ratios help investors to determine whether Banc Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Banc with respect to the benefits of owning Banc Of security.