Cadence Bancorp Stock Market Value
| CADE Stock | USD 38.31 0.32 0.83% |
| Symbol | Cadence |
Cadence Bancorp 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 Cadence Bancorp. If investors know Cadence 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 Cadence Bancorp 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 0.471 | Dividend Share 0.98 | Earnings Share 0.63 | Revenue Per Share 6.963 | Quarterly Revenue Growth 0.128 |
The market value of Cadence Bancorp is measured differently than its book value, which is the value of Cadence that is recorded on the company's balance sheet. Investors also form their own opinion of Cadence Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Cadence Bancorp'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 Cadence Bancorp's market value can be influenced by many factors that don't directly affect Cadence Bancorp'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 Cadence Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadence Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadence Bancorp'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.
Cadence Bancorp '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 Cadence Bancorp'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 Cadence Bancorp.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Cadence Bancorp on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Cadence Bancorp or generate 0.0% return on investment in Cadence Bancorp over 180 days. Cadence Bancorp is related to or competes with NBT Bancorp, Financial Institutions, Berkshire Hills, Fidelity, First Bancshares,, Trustmark, and Ameris Bancorp. Cadence Bank provides commercial banking and financial services in the United States More
Cadence Bancorp 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 Cadence Bancorp'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 Cadence Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.0695 | |||
| Maximum Drawdown | 17.05 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.75 |
Cadence Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cadence Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cadence Bancorp's standard deviation. In reality, there are many statistical measures that can use Cadence Bancorp historical prices to predict the future Cadence Bancorp's volatility.| Risk Adjusted Performance | 0.1005 | |||
| Jensen Alpha | 0.008 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.1086 | |||
| Treynor Ratio | 0.1238 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cadence Bancorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cadence Bancorp Backtested Returns
Cadence Bancorp appears to be very steady, given 3 months investment horizon. Cadence Bancorp secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Cadence Bancorp, which you can use to evaluate the volatility of the firm. Please makes use of Cadence Bancorp's risk adjusted performance of 0.1005, and Mean Deviation of 1.56 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cadence Bancorp holds a performance score of 10. The firm shows a Beta (market volatility) of 2.35, 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, Cadence Bancorp will likely underperform. Please check Cadence Bancorp's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Cadence Bancorp's price patterns will revert.
Auto-correlation | 0.52 |
Modest predictability
Cadence Bancorp has modest predictability. Overlapping area represents the amount of predictability between Cadence Bancorp time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Cadence Bancorp price movement. The serial correlation of 0.52 indicates that about 52.0% of current Cadence Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 7.99 |
Cadence Bancorp lagged returns against current returns
Autocorrelation, which is Cadence Bancorp 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 Cadence Bancorp's stock expected returns. We can calculate the autocorrelation of Cadence Bancorp returns to help us make a trade decision. For example, suppose you find that Cadence Bancorp 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 |
Cadence Bancorp 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 Cadence Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cadence Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cadence Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
Cadence Bancorp Lagged Returns
When evaluating Cadence Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cadence Bancorp stock have on its future price. Cadence Bancorp 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, Cadence Bancorp autocorrelation shows the relationship between Cadence Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Cadence Bancorp.
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 Cadence Bancorp is a strong investment it is important to analyze Cadence Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cadence Bancorp's future performance. For an informed investment choice regarding Cadence Stock, refer to the following important reports:Check out Cadence Bancorp Correlation, Cadence Bancorp Volatility and Cadence Bancorp Alpha and Beta module to complement your research on Cadence Bancorp. For information on how to trade Cadence Stock refer to our How to Trade Cadence Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Cadence Bancorp 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.