Glen Burnie Bancorp Stock Market Value
| GLBZ Stock | USD 5.91 0.34 5.44% |
| Symbol | Glen |
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 Glen Burnie. If investors know Glen 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 Glen Burnie 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 (0.77) | Dividend Share 0.1 | Earnings Share 0.04 | Revenue Per Share 3.307 | Quarterly Revenue Growth (0.08) |
The market value of Glen Burnie Bancorp is measured differently than its book value, which is the value of Glen that is recorded on the company's balance sheet. Investors also form their own opinion of Glen Burnie's value that differs from its market value or its book value, called intrinsic value, which is Glen Burnie'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 Glen Burnie's market value can be influenced by many factors that don't directly affect Glen Burnie'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 Glen Burnie's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glen Burnie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glen Burnie'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.
Glen Burnie '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 Glen Burnie'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 Glen Burnie.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Glen Burnie on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Glen Burnie Bancorp or generate 0.0% return on investment in Glen Burnie over 570 days. Glen Burnie is related to or competes with Fifth Third, Huntington Bancshares, and MT Bank. Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail... More
Glen Burnie 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 Glen Burnie'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 Glen Burnie Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | 0.0725 | |||
| Maximum Drawdown | 17.28 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 8.07 |
Glen Burnie Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Glen Burnie's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Glen Burnie's standard deviation. In reality, there are many statistical measures that can use Glen Burnie historical prices to predict the future Glen Burnie's volatility.| Risk Adjusted Performance | 0.0903 | |||
| Jensen Alpha | 0.3962 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0788 | |||
| Treynor Ratio | (3.45) |
Glen Burnie Bancorp Backtested Returns
Glen Burnie is out of control given 3 months investment horizon. Glen Burnie 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 analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.52% are justified by taking the suggested risk. Use Glen Burnie Bancorp Downside Deviation of 3.36, risk adjusted performance of 0.0903, and Market Risk Adjusted Performance of (3.44) to evaluate company specific risk that cannot be diversified away. Glen Burnie holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Glen Burnie are expected to decrease at a much lower rate. During the bear market, Glen Burnie is likely to outperform the market. Use Glen Burnie Bancorp value at risk, and the relationship between the jensen alpha and skewness , to analyze future returns on Glen Burnie Bancorp.
Auto-correlation | 0.03 |
Virtually no predictability
Glen Burnie Bancorp has virtually no predictability. Overlapping area represents the amount of predictability between Glen Burnie time series from 7th of May 2023 to 16th of February 2024 and 16th of February 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 Glen Burnie Bancorp price movement. The serial correlation of 0.03 indicates that only 3.0% of current Glen Burnie price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Glen Burnie Bancorp lagged returns against current returns
Autocorrelation, which is Glen Burnie 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 Glen Burnie's stock expected returns. We can calculate the autocorrelation of Glen Burnie returns to help us make a trade decision. For example, suppose you find that Glen Burnie 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 |
Glen Burnie 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 Glen Burnie stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Glen Burnie stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Glen Burnie stock over time.
Current vs Lagged Prices |
| Timeline |
Glen Burnie Lagged Returns
When evaluating Glen Burnie's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Glen Burnie stock have on its future price. Glen Burnie 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, Glen Burnie autocorrelation shows the relationship between Glen Burnie stock current value and its past values and can show if there is a momentum factor associated with investing in Glen Burnie Bancorp.
Regressed Prices |
| Timeline |
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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.Additional Tools for Glen Stock Analysis
When running Glen Burnie's price analysis, check to measure Glen Burnie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glen Burnie is operating at the current time. Most of Glen Burnie's value examination focuses on studying past and present price action to predict the probability of Glen Burnie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glen Burnie's price. Additionally, you may evaluate how the addition of Glen Burnie to your portfolios can decrease your overall portfolio volatility.