Citizens Northern Corp Stock Market Value
| CZNC Stock | USD 21.33 0.08 0.37% |
| Symbol | Citizens |
Citizens Northern Corp 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 Citizens Northern. If investors know Citizens 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 Citizens Northern 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 (0.17) | Earnings Share 1.68 | Revenue Per Share | Quarterly Revenue Growth (0.05) | Return On Assets |
The market value of Citizens Northern Corp is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens Northern's value that differs from its market value or its book value, called intrinsic value, which is Citizens Northern'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 Citizens Northern's market value can be influenced by many factors that don't directly affect Citizens Northern'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 Citizens Northern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Northern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Northern'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.
Citizens Northern '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 Citizens Northern'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 Citizens Northern.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Citizens Northern on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Citizens Northern Corp or generate 0.0% return on investment in Citizens Northern over 30 days. Citizens Northern is related to or competes with Penns Woods, Chemung Financial, and Enterprise Bancorp. Citizens Northern Corporation operates as the bank holding company for Citizens Northern Bank that provides a range of b... More
Citizens Northern 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 Citizens Northern'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 Citizens Northern Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.0649 | |||
| Maximum Drawdown | 12.22 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 4.39 |
Citizens Northern Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Citizens Northern's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citizens Northern's standard deviation. In reality, there are many statistical measures that can use Citizens Northern historical prices to predict the future Citizens Northern's volatility.| Risk Adjusted Performance | 0.0909 | |||
| Jensen Alpha | 0.1679 | |||
| Total Risk Alpha | 0.0317 | |||
| Sortino Ratio | 0.0958 | |||
| Treynor Ratio | 0.3431 |
Citizens Northern Corp Backtested Returns
Citizens Northern appears to be very steady, given 3 months investment horizon. Citizens Northern Corp secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Citizens Northern Corp, which you can use to evaluate the volatility of the firm. Please makes use of Citizens Northern's Mean Deviation of 1.58, risk adjusted performance of 0.0909, and Downside Deviation of 1.48 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Citizens Northern holds a performance score of 7. The firm shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Citizens Northern's returns are expected to increase less than the market. However, during the bear market, the loss of holding Citizens Northern is expected to be smaller as well. Please check Citizens Northern's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Citizens Northern's price patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
Citizens Northern Corp has below average predictability. Overlapping area represents the amount of predictability between Citizens Northern time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Citizens Northern Corp price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Citizens Northern price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.46 |
Citizens Northern Corp lagged returns against current returns
Autocorrelation, which is Citizens Northern 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 Citizens Northern's stock expected returns. We can calculate the autocorrelation of Citizens Northern returns to help us make a trade decision. For example, suppose you find that Citizens Northern 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 |
Citizens Northern 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 Citizens Northern stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citizens Northern stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Citizens Northern stock over time.
Current vs Lagged Prices |
| Timeline |
Citizens Northern Lagged Returns
When evaluating Citizens Northern's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citizens Northern stock have on its future price. Citizens Northern 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, Citizens Northern autocorrelation shows the relationship between Citizens Northern stock current value and its past values and can show if there is a momentum factor associated with investing in Citizens Northern Corp.
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 Citizens Northern Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citizens Northern'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 Citizens Northern Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citizens Northern Corp Stock:Check out Citizens Northern Correlation, Citizens Northern Volatility and Citizens Northern Alpha and Beta module to complement your research on Citizens Northern. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Citizens Northern 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.