Linkbancorp Stock Market Value
| LNKB Stock | USD 7.33 0.11 1.52% |
| Symbol | LINKBANCORP |
LINKBANCORP 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 LINKBANCORP. If investors know LINKBANCORP 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 LINKBANCORP 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 1.488 | Dividend Share 0.3 | Earnings Share (0.23) | Revenue Per Share 2.572 | Quarterly Revenue Growth 1.878 |
The market value of LINKBANCORP is measured differently than its book value, which is the value of LINKBANCORP that is recorded on the company's balance sheet. Investors also form their own opinion of LINKBANCORP's value that differs from its market value or its book value, called intrinsic value, which is LINKBANCORP'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 LINKBANCORP's market value can be influenced by many factors that don't directly affect LINKBANCORP'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 LINKBANCORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if LINKBANCORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LINKBANCORP'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.
LINKBANCORP '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 LINKBANCORP'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 LINKBANCORP.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in LINKBANCORP on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding LINKBANCORP or generate 0.0% return on investment in LINKBANCORP over 180 days. LINKBANCORP is related to or competes with Home Federal, Lake Shore, Community West, and Magyar Bancorp. LINKBANCORP, Inc. operates as a bank holding company for The Gratz Bank, a full-service state chartered commercial bank ... More
LINKBANCORP 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 LINKBANCORP'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 LINKBANCORP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | 0.0663 | |||
| Maximum Drawdown | 10.82 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 4.29 |
LINKBANCORP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LINKBANCORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LINKBANCORP's standard deviation. In reality, there are many statistical measures that can use LINKBANCORP historical prices to predict the future LINKBANCORP's volatility.| Risk Adjusted Performance | 0.0889 | |||
| Jensen Alpha | 0.109 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0786 | |||
| Treynor Ratio | 0.1606 |
LINKBANCORP Backtested Returns
At this point, LINKBANCORP is somewhat reliable. LINKBANCORP has Sharpe Ratio of 0.0759, which conveys that the firm had a 0.0759% return per unit of volatility over the last 3 months. We have found thirty technical indicators for LINKBANCORP, which you can use to evaluate the volatility of the firm. Please verify LINKBANCORP's mean deviation of 1.7, and Risk Adjusted Performance of 0.0889 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. LINKBANCORP has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.45, which conveys 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, LINKBANCORP will likely underperform. LINKBANCORP currently secures a risk of 2.19%. Please verify LINKBANCORP sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if LINKBANCORP will be following its current price movements.
Auto-correlation | -0.12 |
Insignificant reverse predictability
LINKBANCORP has insignificant reverse predictability. Overlapping area represents the amount of predictability between LINKBANCORP time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 LINKBANCORP price movement. The serial correlation of -0.12 indicates that less than 12.0% of current LINKBANCORP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
LINKBANCORP lagged returns against current returns
Autocorrelation, which is LINKBANCORP 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 LINKBANCORP's stock expected returns. We can calculate the autocorrelation of LINKBANCORP returns to help us make a trade decision. For example, suppose you find that LINKBANCORP 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 |
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LINKBANCORP 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 LINKBANCORP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LINKBANCORP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LINKBANCORP stock over time.
Current vs Lagged Prices |
| Timeline |
LINKBANCORP Lagged Returns
When evaluating LINKBANCORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LINKBANCORP stock have on its future price. LINKBANCORP 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, LINKBANCORP autocorrelation shows the relationship between LINKBANCORP stock current value and its past values and can show if there is a momentum factor associated with investing in LINKBANCORP.
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 LINKBANCORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LINKBANCORP'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 Linkbancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Linkbancorp Stock:Check out LINKBANCORP Correlation, LINKBANCORP Volatility and LINKBANCORP Alpha and Beta module to complement your research on LINKBANCORP. For information on how to trade LINKBANCORP Stock refer to our How to Trade LINKBANCORP Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
LINKBANCORP 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.