Popular Stock Market Value
| BPOP Stock | USD 101.80 2.84 2.87% |
| Symbol | Popular |
Popular 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 Popular. If investors know Popular 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 Popular 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 0.137 | Dividend Share 2.48 | Earnings Share 7.36 | Revenue Per Share 36.446 | Quarterly Revenue Growth 0.285 |
The market value of Popular is measured differently than its book value, which is the value of Popular that is recorded on the company's balance sheet. Investors also form their own opinion of Popular's value that differs from its market value or its book value, called intrinsic value, which is Popular'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 Popular's market value can be influenced by many factors that don't directly affect Popular'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 Popular's value and its price as these two are different measures arrived at by different means. Investors typically determine if Popular is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Popular'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.
Popular '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 Popular'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 Popular.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Popular on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Popular or generate 0.0% return on investment in Popular over 30 days. Popular is related to or competes with OFG Bancorp, First Bancshares,, First Commonwealth, First Bancorp, First Bancorp, Franklin Financial, and National Bank. Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services... More
Popular 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 Popular'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 Popular upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 14.09 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.46 |
Popular Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Popular's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Popular's standard deviation. In reality, there are many statistical measures that can use Popular historical prices to predict the future Popular's volatility.| Risk Adjusted Performance | 0.027 | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0252 |
Popular Backtested Returns
Currently, Popular is very steady. Popular maintains Sharpe Ratio (i.e., Efficiency) of 0.016, which implies the firm had a 0.016% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Popular, which you can use to evaluate the volatility of the company. Please check Popular's Coefficient Of Variation of 3798.98, semi deviation of 2.35, and Risk Adjusted Performance of 0.027 to confirm if the risk estimate we provide is consistent with the expected return of 0.0392%. Popular has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 2.1, which implies 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, Popular will likely underperform. Popular right now holds a risk of 2.44%. Please check Popular semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Popular will be following its historical price patterns.
Auto-correlation | 0.57 |
Modest predictability
Popular has modest predictability. Overlapping area represents the amount of predictability between Popular 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 Popular price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Popular price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 3.2 |
Popular lagged returns against current returns
Autocorrelation, which is Popular 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 Popular's stock expected returns. We can calculate the autocorrelation of Popular returns to help us make a trade decision. For example, suppose you find that Popular 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 |
Popular 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 Popular stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Popular stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Popular stock over time.
Current vs Lagged Prices |
| Timeline |
Popular Lagged Returns
When evaluating Popular's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Popular stock have on its future price. Popular 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, Popular autocorrelation shows the relationship between Popular stock current value and its past values and can show if there is a momentum factor associated with investing in Popular.
Regressed Prices |
| Timeline |
Pair Trading with Popular
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 Popular 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 Popular will appreciate offsetting losses from the drop in the long position's value.Moving against Popular Stock
| 0.35 | TECTP | Tectonic Financial | PairCorr |
| 0.33 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.33 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to Popular could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Popular 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 Popular - 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 Popular to buy it.
The correlation of Popular 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 Popular moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Popular 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 Popular 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.Additional Tools for Popular Stock Analysis
When running Popular's price analysis, check to measure Popular's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Popular is operating at the current time. Most of Popular's value examination focuses on studying past and present price action to predict the probability of Popular's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Popular's price. Additionally, you may evaluate how the addition of Popular to your portfolios can decrease your overall portfolio volatility.