Greene County Bancorp Stock Market Value
| GCBC Stock | USD 32.00 1.13 3.66% |
| Symbol | Greene |
Greene County 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 Greene County. If investors know Greene 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 Greene County 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 (0.03) | Dividend Share 0.34 | Earnings Share 1.44 | Revenue Per Share 3.763 | Quarterly Revenue Growth (0) |
The market value of Greene County Bancorp is measured differently than its book value, which is the value of Greene that is recorded on the company's balance sheet. Investors also form their own opinion of Greene County's value that differs from its market value or its book value, called intrinsic value, which is Greene County'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 Greene County's market value can be influenced by many factors that don't directly affect Greene County'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 Greene County's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greene County is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greene County'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.
Greene County '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 Greene County'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 Greene County.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Greene County on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Greene County Bancorp or generate 0.0% return on investment in Greene County over 30 days. Greene County is related to or competes with Community West, First Northwest, Home Federal, First Financial, First Capital, First United, and First Community. Greene County Bancorp, Inc. operates as a holding company for The Bank of Greene County that provides various financial ... More
Greene County 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 Greene County'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 Greene County Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 25.02 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 4.03 |
Greene County Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greene County's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greene County's standard deviation. In reality, there are many statistical measures that can use Greene County historical prices to predict the future Greene County's volatility.| Risk Adjusted Performance | 0.0145 | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0063 |
Greene County Bancorp Backtested Returns
At this point, Greene County is not too volatile. Greene County Bancorp holds Efficiency (Sharpe) Ratio of 0.0205, which attests that the entity had a 0.0205% return per unit of risk over the last 3 months. We have found thirty technical indicators for Greene County Bancorp, which you can use to evaluate the volatility of the firm. Please check out Greene County's Risk Adjusted Performance of 0.0145, downside deviation of 2.42, and Market Risk Adjusted Performance of 0.0163 to validate if the risk estimate we provide is consistent with the expected return of 0.0732%. Greene County has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 3.38, 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, Greene County will likely underperform. Greene County Bancorp right now retains a risk of 3.58%. Please check out Greene County total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if Greene County will be following its current trending patterns.
Auto-correlation | -0.53 |
Good reverse predictability
Greene County Bancorp has good reverse predictability. Overlapping area represents the amount of predictability between Greene County time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Greene County Bancorp price movement. The serial correlation of -0.53 indicates that about 53.0% of current Greene County price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 1.61 |
Greene County Bancorp lagged returns against current returns
Autocorrelation, which is Greene County 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 Greene County's stock expected returns. We can calculate the autocorrelation of Greene County returns to help us make a trade decision. For example, suppose you find that Greene County 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 |
Greene County 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 Greene County stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greene County stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greene County stock over time.
Current vs Lagged Prices |
| Timeline |
Greene County Lagged Returns
When evaluating Greene County's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greene County stock have on its future price. Greene County 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, Greene County autocorrelation shows the relationship between Greene County stock current value and its past values and can show if there is a momentum factor associated with investing in Greene County 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 Greene County Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greene County'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 Greene County Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greene County Bancorp Stock:Check out Greene County Correlation, Greene County Volatility and Greene County Alpha and Beta module to complement your research on Greene County. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Greene County 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.