Meta Financial Group Stock Market Value
| CASH Stock | USD 80.78 1.26 1.58% |
| Symbol | Meta |
Meta Financial Group 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 Meta Financial. If investors know Meta 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 Meta Financial 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 (0.01) | Earnings Share 6.66 | Revenue Per Share 28.289 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0225 |
The market value of Meta Financial Group is measured differently than its book value, which is the value of Meta that is recorded on the company's balance sheet. Investors also form their own opinion of Meta Financial's value that differs from its market value or its book value, called intrinsic value, which is Meta Financial'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 Meta Financial's market value can be influenced by many factors that don't directly affect Meta Financial'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 Meta Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meta Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meta Financial'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.
Meta Financial '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 Meta Financial'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 Meta Financial.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Meta Financial on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Meta Financial Group or generate 0.0% return on investment in Meta Financial over 180 days. Meta Financial is related to or competes with Capitol Federal, Colony Bankcorp, First Mid, Meridian Bank, Mercantile Bank, Peapack Gladstone, and Northfield Bancorp. Pathward Financial, Inc. operates as the holding company for Pathward, National Association that provides various bankin... More
Meta Financial 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 Meta Financial'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 Meta Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1183 | |||
| Maximum Drawdown | 15.4 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 3.42 |
Meta Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meta Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meta Financial's standard deviation. In reality, there are many statistical measures that can use Meta Financial historical prices to predict the future Meta Financial's volatility.| Risk Adjusted Performance | 0.1282 | |||
| Jensen Alpha | 0.1613 | |||
| Total Risk Alpha | 0.0963 | |||
| Sortino Ratio | 0.177 | |||
| Treynor Ratio | 0.1595 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meta Financial'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.
Meta Financial Group Backtested Returns
Meta Financial appears to be very steady, given 3 months investment horizon. Meta Financial Group has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Meta Financial, which you can use to evaluate the volatility of the firm. Please exercise Meta Financial's Risk Adjusted Performance of 0.1282, mean deviation of 1.46, and Downside Deviation of 1.48 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Meta Financial holds a performance score of 11. The company secures a Beta (Market Risk) of 2.18, which conveys 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, Meta Financial will likely underperform. Please check Meta Financial's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Meta Financial's current price movements will revert.
Auto-correlation | 0.70 |
Good predictability
Meta Financial Group has good predictability. Overlapping area represents the amount of predictability between Meta Financial time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Meta Financial Group price movement. The serial correlation of 0.7 indicates that around 70.0% of current Meta Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 27.66 |
Meta Financial Group lagged returns against current returns
Autocorrelation, which is Meta Financial 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 Meta Financial's stock expected returns. We can calculate the autocorrelation of Meta Financial returns to help us make a trade decision. For example, suppose you find that Meta Financial 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 |
Meta Financial 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 Meta Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meta Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meta Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Meta Financial Lagged Returns
When evaluating Meta Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meta Financial stock have on its future price. Meta Financial 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, Meta Financial autocorrelation shows the relationship between Meta Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Meta Financial Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Meta Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meta Financial'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 Meta Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meta Financial Group Stock:Check out Meta Financial Correlation, Meta Financial Volatility and Meta Financial Alpha and Beta module to complement your research on Meta Financial. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Meta Financial 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.