Ecb Bancorp Stock Market Value
| ECBK Stock | USD 14.79 0.11 0.74% |
| Symbol | ECB |
ECB Bancorp 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 ECB Bancorp. If investors know ECB 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 ECB Bancorp 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 (0.13) | Earnings Share 0.39 | Revenue Per Share 2.976 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0026 |
The market value of ECB Bancorp is measured differently than its book value, which is the value of ECB that is recorded on the company's balance sheet. Investors also form their own opinion of ECB Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ECB Bancorp'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 ECB Bancorp's market value can be influenced by many factors that don't directly affect ECB Bancorp'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 ECB Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECB Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECB Bancorp'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.
ECB Bancorp '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 ECB Bancorp'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 ECB Bancorp.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in ECB Bancorp on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding ECB Bancorp or generate 0.0% return on investment in ECB Bancorp over 30 days. ECB Bancorp is related to or competes with Home Federal, Magyar Bancorp, Community West, Lake Shore, and Oak Valley. ECB Bancorp, Inc. focuses on operating as a holding company for Everett Co-operative Bank that provides various banking ... More
ECB Bancorp 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 ECB Bancorp'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 ECB Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | (0.0009) | |||
| Maximum Drawdown | 6.95 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 2.21 |
ECB Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ECB Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ECB Bancorp's standard deviation. In reality, there are many statistical measures that can use ECB Bancorp historical prices to predict the future ECB Bancorp's volatility.| Risk Adjusted Performance | 0.0754 | |||
| Jensen Alpha | 0.0835 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.0009) | |||
| Treynor Ratio | 0.4024 |
ECB Bancorp Backtested Returns
As of now, ECB Stock is very steady. ECB Bancorp retains Efficiency (Sharpe Ratio) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ECB Bancorp, which you can use to evaluate the volatility of the entity. Please confirm ECB Bancorp's Downside Deviation of 1.46, coefficient of variation of 1078.99, and Market Risk Adjusted Performance of 0.4124 to check if the risk estimate we provide is consistent with the expected return of 0.14%. ECB Bancorp has a performance score of 8 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, ECB Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding ECB Bancorp is expected to be smaller as well. ECB Bancorp at this moment owns a risk of 1.39%. Please confirm ECB Bancorp sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if ECB Bancorp will be following its current price history.
Auto-correlation | -0.54 |
Good reverse predictability
ECB Bancorp has good reverse predictability. Overlapping area represents the amount of predictability between ECB Bancorp time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 ECB Bancorp price movement. The serial correlation of -0.54 indicates that about 54.0% of current ECB Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ECB Bancorp lagged returns against current returns
Autocorrelation, which is ECB Bancorp 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 ECB Bancorp's stock expected returns. We can calculate the autocorrelation of ECB Bancorp returns to help us make a trade decision. For example, suppose you find that ECB Bancorp 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 |
ECB Bancorp 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 ECB Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ECB Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ECB Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
ECB Bancorp Lagged Returns
When evaluating ECB Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ECB Bancorp stock have on its future price. ECB Bancorp 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, ECB Bancorp autocorrelation shows the relationship between ECB Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in ECB Bancorp.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out ECB Bancorp Correlation, ECB Bancorp Volatility and ECB Bancorp Alpha and Beta module to complement your research on ECB Bancorp. For more information on how to buy ECB Stock please use our How to buy in ECB Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
ECB Bancorp 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.