Banc Of California, Stock Market Value
| BANC Stock | USD 17.77 0.82 4.84% |
| Symbol | Banc |
Banc of California, 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 Banc Of. If investors know Banc 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 Banc Of 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 0.85 | Dividend Share 0.04 | Earnings Share (3.86) | Revenue Per Share 2.689 | Quarterly Revenue Growth 0.19 |
The market value of Banc of California, is measured differently than its book value, which is the value of Banc that is recorded on the company's balance sheet. Investors also form their own opinion of Banc Of's value that differs from its market value or its book value, called intrinsic value, which is Banc Of'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 Banc Of's market value can be influenced by many factors that don't directly affect Banc Of'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 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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Banc Of on October 27, 2024 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 30 days. Banc Of is related to or competes with Peapack Gladstone, Northfield Bancorp, Great Southern, Heritage Financial, Byline Bancorp, Bankwell Financial, and Sierra Bancorp. Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides... 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.
| Downside Deviation | 1.62 | |||
| Information Ratio | 0.0885 | |||
| Maximum Drawdown | 13.72 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 4.19 |
Banc Of Market Risk Indicators
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.| Risk Adjusted Performance | 0.1176 | |||
| Jensen Alpha | 0.0636 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1236 | |||
| Treynor Ratio | 0.1481 |
Banc of California, Backtested Returns
Banc Of appears to be not too volatile, given 3 months investment horizon. Banc of California, secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% 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 makes use of Banc Of's Mean Deviation of 1.61, risk adjusted performance of 0.1176, and Downside Deviation of 1.62 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Banc Of holds a performance score of 12. The firm shows a Beta (market volatility) of 2.15, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Banc Of will likely underperform. Please check Banc Of's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Banc Of's price patterns will revert.
Auto-correlation | 0.57 |
Modest predictability
Banc of California, has modest predictability. Overlapping area represents the amount of predictability between Banc Of time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Banc of California, price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Banc Of price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
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,.
Regressed Prices |
| Timeline |
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 Banc of California, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banc Of'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 Banc Of California, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banc Of California, Stock:Check out Banc Of Correlation, Banc Of Volatility and Banc Of Alpha and Beta module to complement your research on Banc Of. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Banc Of 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.