German American Bancorp Stock Market Value
| GABC Stock | USD 45.66 0.30 0.65% |
| Symbol | German |
German American 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 German American. If investors know German 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 German American 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 (0.02) | Dividend Share 1.08 | Earnings Share 2.77 | Revenue Per Share 8.341 | Quarterly Revenue Growth 0.005 |
The market value of German American Bancorp is measured differently than its book value, which is the value of German that is recorded on the company's balance sheet. Investors also form their own opinion of German American's value that differs from its market value or its book value, called intrinsic value, which is German American'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 German American's market value can be influenced by many factors that don't directly affect German American'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 German American's value and its price as these two are different measures arrived at by different means. Investors typically determine if German American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, German American'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.
German American '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 German American'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 German American.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in German American on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding German American Bancorp or generate 0.0% return on investment in German American over 30 days. German American is related to or competes with Lakeland Financial, Great Southern, First Merchants, First Financial, and First Community. German American Bancorp, Inc. operates as a bank holding company for German American Bank that provides retail and comme... More
German American 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 German American'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 German American Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.0745 | |||
| Maximum Drawdown | 16.97 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.89 |
German American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for German American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as German American's standard deviation. In reality, there are many statistical measures that can use German American historical prices to predict the future German American's volatility.| Risk Adjusted Performance | 0.1096 | |||
| Jensen Alpha | 0.0419 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1183 | |||
| Treynor Ratio | 0.1417 |
German American Bancorp Backtested Returns
German American appears to be very steady, given 3 months investment horizon. German American Bancorp holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for German American Bancorp, which you can use to evaluate the volatility of the firm. Please utilize German American's Risk Adjusted Performance of 0.1096, market risk adjusted performance of 0.1517, and Downside Deviation of 1.37 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, German American holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 2.0, which attests to 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, German American will likely underperform. Please check German American's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether German American's current trending patterns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
German American Bancorp has modest reverse predictability. Overlapping area represents the amount of predictability between German American time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 German American Bancorp price movement. The serial correlation of -0.43 indicates that just about 43.0% of current German American price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
German American Bancorp lagged returns against current returns
Autocorrelation, which is German American 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 German American's stock expected returns. We can calculate the autocorrelation of German American returns to help us make a trade decision. For example, suppose you find that German American 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 |
German American 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 German American stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if German American stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in German American stock over time.
Current vs Lagged Prices |
| Timeline |
German American Lagged Returns
When evaluating German American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of German American stock have on its future price. German American 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, German American autocorrelation shows the relationship between German American stock current value and its past values and can show if there is a momentum factor associated with investing in German American Bancorp.
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 German American Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of German American'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 German American Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on German American Bancorp Stock:Check out German American Correlation, German American Volatility and German American Alpha and Beta module to complement your research on German American. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
German American 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.