Community West Bancshares Stock Market Value
| CWBC Stock | USD 21.21 0.44 2.12% |
| Symbol | Community |
Community West 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 Community West. If investors know Community 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 Community West 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 (0.67) | Dividend Share 0.48 | Earnings Share 0.55 | Revenue Per Share 6.221 | Quarterly Revenue Growth 0.452 |
The market value of Community West Bancshares is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community West's value that differs from its market value or its book value, called intrinsic value, which is Community West'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 Community West's market value can be influenced by many factors that don't directly affect Community West'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 Community West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community West'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.
Community West '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 Community West'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 Community West.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Community West on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Community West Bancshares or generate 0.0% return on investment in Community West over 30 days. Community West is related to or competes with Home Federal, Magyar Bancorp, First Northwest, First Financial, First Capital, HomeTrust Bancshares, and CF Bankshares. Community West Bancshares operates as the bank holding company for Community West Bank, N.A More
Community West 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 Community West'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 Community West Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.0288 | |||
| Maximum Drawdown | 9.14 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.53 |
Community West Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Community West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Community West's standard deviation. In reality, there are many statistical measures that can use Community West historical prices to predict the future Community West's volatility.| Risk Adjusted Performance | 0.0726 | |||
| Jensen Alpha | 0.0256 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0337 | |||
| Treynor Ratio | 0.1062 |
Community West Bancshares Backtested Returns
At this point, Community West is very steady. Community West Bancshares secures Sharpe Ratio (or Efficiency) of 0.0631, which signifies that the company had a 0.0631% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Community West Bancshares, which you can use to evaluate the volatility of the firm. Please confirm Community West's Downside Deviation of 1.34, mean deviation of 0.9988, and Risk Adjusted Performance of 0.0726 to double-check if the risk estimate we provide is consistent with the expected return of 0.0947%. Community West has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.23, 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, Community West will likely underperform. Community West Bancshares right now shows a risk of 1.5%. Please confirm Community West Bancshares jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Community West Bancshares will be following its price patterns.
Auto-correlation | 0.54 |
Modest predictability
Community West Bancshares has modest predictability. Overlapping area represents the amount of predictability between Community West 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 Community West Bancshares price movement. The serial correlation of 0.54 indicates that about 54.0% of current Community West price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Community West Bancshares lagged returns against current returns
Autocorrelation, which is Community West 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 Community West's stock expected returns. We can calculate the autocorrelation of Community West returns to help us make a trade decision. For example, suppose you find that Community West 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 |
Community West 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 Community West stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Community West stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Community West stock over time.
Current vs Lagged Prices |
| Timeline |
Community West Lagged Returns
When evaluating Community West's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Community West stock have on its future price. Community West 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, Community West autocorrelation shows the relationship between Community West stock current value and its past values and can show if there is a momentum factor associated with investing in Community West 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 Community West Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community West'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 Community West Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community West Bancshares Stock:Check out Community West Correlation, Community West Volatility and Community West Alpha and Beta module to complement your research on Community West. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Community West 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.