Civista Bancshares Stock Market Value
| CIVB Stock | USD 22.90 0.36 1.60% |
| Symbol | Civista |
Civista Bancshares 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 Civista Bancshares. If investors know Civista 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 Civista Bancshares 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 (0.20) | Dividend Share 0.64 | Earnings Share 2 | Revenue Per Share 9.566 | Quarterly Revenue Growth (0.03) |
The market value of Civista Bancshares is measured differently than its book value, which is the value of Civista that is recorded on the company's balance sheet. Investors also form their own opinion of Civista Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Civista Bancshares' 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 Civista Bancshares' market value can be influenced by many factors that don't directly affect Civista Bancshares' 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 Civista Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civista Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civista Bancshares' 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.
Civista Bancshares '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 Civista Bancshares' 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 Civista Bancshares.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Civista Bancshares on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Civista Bancshares or generate 0.0% return on investment in Civista Bancshares over 30 days. Civista Bancshares is related to or competes with Home Federal, First Financial, First Northwest, First Capital, Finward Bancorp, Heritage Financial, and Community West. Civista Bancshares, Inc. operates as the financial holding company for Civista Bank that provides community banking serv... More
Civista Bancshares 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 Civista Bancshares' 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 Civista Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.1948 | |||
| Maximum Drawdown | 10.55 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 3.67 |
Civista Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Civista Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Civista Bancshares' standard deviation. In reality, there are many statistical measures that can use Civista Bancshares historical prices to predict the future Civista Bancshares' volatility.| Risk Adjusted Performance | 0.1958 | |||
| Jensen Alpha | 0.3527 | |||
| Total Risk Alpha | 0.2308 | |||
| Sortino Ratio | 0.283 | |||
| Treynor Ratio | 0.3433 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Civista Bancshares' 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.
Civista Bancshares Backtested Returns
Civista Bancshares appears to be very steady, given 3 months investment horizon. Civista Bancshares secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of risk over the last 3 months. By analyzing Civista Bancshares' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Civista Bancshares' Risk Adjusted Performance of 0.1958, downside deviation of 1.4, and Mean Deviation of 1.39 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Civista Bancshares holds a performance score of 20. The firm shows a Beta (market volatility) of 1.45, 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, Civista Bancshares will likely underperform. Please check Civista Bancshares' expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Civista Bancshares' price patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Civista Bancshares has weak reverse predictability. Overlapping area represents the amount of predictability between Civista Bancshares time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 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 Civista Bancshares price movement. The serial correlation of -0.25 indicates that over 25.0% of current Civista Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Civista Bancshares lagged returns against current returns
Autocorrelation, which is Civista Bancshares 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 Civista Bancshares' stock expected returns. We can calculate the autocorrelation of Civista Bancshares returns to help us make a trade decision. For example, suppose you find that Civista Bancshares 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 |
Civista Bancshares 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 Civista Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Civista Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Civista Bancshares stock over time.
Current vs Lagged Prices |
| Timeline |
Civista Bancshares Lagged Returns
When evaluating Civista Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Civista Bancshares stock have on its future price. Civista Bancshares 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, Civista Bancshares autocorrelation shows the relationship between Civista Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in Civista Bancshares.
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 Civista Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civista Bancshares' 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 Civista Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civista Bancshares Stock:Check out Civista Bancshares Correlation, Civista Bancshares Volatility and Civista Bancshares Alpha and Beta module to complement your research on Civista Bancshares. For information on how to trade Civista Stock refer to our How to Trade Civista Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Civista Bancshares 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.