Metrocity Bankshares Stock Market Value
| MCBS Stock | USD 34.41 0.10 0.29% |
| Symbol | MetroCity |
MetroCity Bankshares 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 MetroCity Bankshares. If investors know MetroCity 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 MetroCity Bankshares 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 0.444 | Dividend Share 0.78 | Earnings Share 2.33 | Revenue Per Share 5.369 | Quarterly Revenue Growth 0.336 |
The market value of MetroCity Bankshares is measured differently than its book value, which is the value of MetroCity that is recorded on the company's balance sheet. Investors also form their own opinion of MetroCity Bankshares' value that differs from its market value or its book value, called intrinsic value, which is MetroCity Bankshares' 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 MetroCity Bankshares' market value can be influenced by many factors that don't directly affect MetroCity Bankshares' 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 MetroCity Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if MetroCity Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MetroCity Bankshares' 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.
MetroCity Bankshares '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 MetroCity Bankshares' 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 MetroCity Bankshares.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in MetroCity Bankshares on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding MetroCity Bankshares or generate 0.0% return on investment in MetroCity Bankshares over 30 days. MetroCity Bankshares is related to or competes with Home Bancorp, Great Southern, Finward Bancorp, CrossFirst Bankshares, Home Federal, Lake Shore, and First Mid. MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and s... More
MetroCity Bankshares 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 MetroCity Bankshares' 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 MetroCity Bankshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.0525 | |||
| Maximum Drawdown | 18.4 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.77 |
MetroCity Bankshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MetroCity Bankshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MetroCity Bankshares' standard deviation. In reality, there are many statistical measures that can use MetroCity Bankshares historical prices to predict the future MetroCity Bankshares' volatility.| Risk Adjusted Performance | 0.0844 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0697 | |||
| Treynor Ratio | 0.1074 |
MetroCity Bankshares Backtested Returns
MetroCity Bankshares appears to be very steady, given 3 months investment horizon. MetroCity Bankshares has Sharpe Ratio of 0.0953, which conveys that the firm had a 0.0953% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MetroCity Bankshares, which you can use to evaluate the volatility of the firm. Please exercise MetroCity Bankshares' Mean Deviation of 1.66, downside deviation of 1.95, and Risk Adjusted Performance of 0.0844 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MetroCity Bankshares holds a performance score of 7. The company secures a Beta (Market Risk) of 2.34, 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, MetroCity Bankshares will likely underperform. Please check MetroCity Bankshares' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether MetroCity Bankshares' current price movements will revert.
Auto-correlation | 0.66 |
Good predictability
MetroCity Bankshares has good predictability. Overlapping area represents the amount of predictability between MetroCity Bankshares time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 MetroCity Bankshares price movement. The serial correlation of 0.66 indicates that around 66.0% of current MetroCity Bankshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
MetroCity Bankshares lagged returns against current returns
Autocorrelation, which is MetroCity Bankshares 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 MetroCity Bankshares' stock expected returns. We can calculate the autocorrelation of MetroCity Bankshares returns to help us make a trade decision. For example, suppose you find that MetroCity Bankshares 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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MetroCity Bankshares 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 MetroCity Bankshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MetroCity Bankshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MetroCity Bankshares stock over time.
Current vs Lagged Prices |
| Timeline |
MetroCity Bankshares Lagged Returns
When evaluating MetroCity Bankshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MetroCity Bankshares stock have on its future price. MetroCity Bankshares 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, MetroCity Bankshares autocorrelation shows the relationship between MetroCity Bankshares stock current value and its past values and can show if there is a momentum factor associated with investing in MetroCity Bankshares.
Regressed Prices |
| Timeline |
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Additional Tools for MetroCity Stock Analysis
When running MetroCity Bankshares' price analysis, check to measure MetroCity Bankshares' 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 MetroCity Bankshares is operating at the current time. Most of MetroCity Bankshares' value examination focuses on studying past and present price action to predict the probability of MetroCity Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetroCity Bankshares' price. Additionally, you may evaluate how the addition of MetroCity Bankshares to your portfolios can decrease your overall portfolio volatility.