Carter Bank And Stock Market Value
| CARE Stock | USD 18.71 0.13 0.69% |
| Symbol | Carter |
Carter Bank 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 Carter Bank. If investors know Carter 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 Carter Bank 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 0.532 | Earnings Share 0.63 | Revenue Per Share 5.638 | Quarterly Revenue Growth 0.087 | Return On Assets 0.0032 |
The market value of Carter Bank is measured differently than its book value, which is the value of Carter that is recorded on the company's balance sheet. Investors also form their own opinion of Carter Bank's value that differs from its market value or its book value, called intrinsic value, which is Carter Bank'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 Carter Bank's market value can be influenced by many factors that don't directly affect Carter Bank'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 Carter Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carter Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carter Bank'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.
Carter Bank '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 Carter Bank'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 Carter Bank.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Carter Bank on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Carter Bank and or generate 0.0% return on investment in Carter Bank over 30 days. Carter Bank is related to or competes with Home Bancorp, Community West, First Community, Great Southern, Affinity Bancshares, First Northwest, and Oak Valley. Carter Bankshares, Inc. operates as the bank holding company for Carter Bank Trust that provides various banking product... More
Carter Bank 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 Carter Bank'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 Carter Bank and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.0264 | |||
| Maximum Drawdown | 14.08 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.42 |
Carter Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carter Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carter Bank's standard deviation. In reality, there are many statistical measures that can use Carter Bank historical prices to predict the future Carter Bank's volatility.| Risk Adjusted Performance | 0.0753 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0365 | |||
| Treynor Ratio | 0.0981 |
Carter Bank Backtested Returns
At this point, Carter Bank is not too volatile. Carter Bank secures Sharpe Ratio (or Efficiency) of 0.0712, which signifies that the company had a 0.0712% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Carter Bank and, which you can use to evaluate the volatility of the firm. Please confirm Carter Bank's Mean Deviation of 1.32, downside deviation of 1.42, and Risk Adjusted Performance of 0.0753 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Carter Bank has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.7, 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, Carter Bank will likely underperform. Carter Bank right now shows a risk of 1.98%. Please confirm Carter Bank semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Carter Bank will be following its price patterns.
Auto-correlation | -0.21 |
Weak reverse predictability
Carter Bank and has weak reverse predictability. Overlapping area represents the amount of predictability between Carter Bank time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Carter Bank price movement. The serial correlation of -0.21 indicates that over 21.0% of current Carter Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Carter Bank lagged returns against current returns
Autocorrelation, which is Carter Bank 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 Carter Bank's stock expected returns. We can calculate the autocorrelation of Carter Bank returns to help us make a trade decision. For example, suppose you find that Carter Bank 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 |
Carter Bank 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 Carter Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carter Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carter Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Carter Bank Lagged Returns
When evaluating Carter Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carter Bank stock have on its future price. Carter Bank 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, Carter Bank autocorrelation shows the relationship between Carter Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Carter Bank and.
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 Carter Bank is a strong investment it is important to analyze Carter Bank'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 Carter Bank's future performance. For an informed investment choice regarding Carter Stock, refer to the following important reports:Check out Carter Bank Correlation, Carter Bank Volatility and Carter Bank Alpha and Beta module to complement your research on Carter Bank. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Carter Bank 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.