Northeast Community Bancorp Stock Market Value
| NECB Stock | USD 30.61 0.49 1.63% |
| Symbol | Northeast |
Northeast Community 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 Northeast Community. If investors know Northeast 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 Northeast Community 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 0.188 | Dividend Share 0.41 | Earnings Share 3.69 | Revenue Per Share 8.109 | Quarterly Revenue Growth 0.093 |
The market value of Northeast Community is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Community's value that differs from its market value or its book value, called intrinsic value, which is Northeast Community'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 Northeast Community's market value can be influenced by many factors that don't directly affect Northeast Community'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 Northeast Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Community'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.
Northeast Community '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 Northeast Community'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 Northeast Community.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Northeast Community on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Northeast Community Bancorp or generate 0.0% return on investment in Northeast Community over 30 days. Northeast Community is related to or competes with Community West, First Financial, First Capital, HomeTrust Bancshares, First Northwest, Home Federal, and Great Southern. Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial s... More
Northeast Community 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 Northeast Community'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 Northeast Community Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.1651 | |||
| Maximum Drawdown | 12.18 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 3.89 |
Northeast Community Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northeast Community's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northeast Community's standard deviation. In reality, there are many statistical measures that can use Northeast Community historical prices to predict the future Northeast Community's volatility.| Risk Adjusted Performance | 0.1766 | |||
| Jensen Alpha | 0.3235 | |||
| Total Risk Alpha | 0.1385 | |||
| Sortino Ratio | 0.1862 | |||
| Treynor Ratio | 0.3375 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northeast Community's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Northeast Community Backtested Returns
Northeast Community appears to be very steady, given 3 months investment horizon. Northeast Community has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Northeast Community's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please exercise Northeast Community's Mean Deviation of 1.71, downside deviation of 2.06, and Risk Adjusted Performance of 0.1766 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Northeast Community holds a performance score of 17. The company secures a Beta (Market Risk) of 1.49, 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, Northeast Community will likely underperform. Please check Northeast Community's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Northeast Community's current price movements will revert.
Auto-correlation | 0.50 |
Modest predictability
Northeast Community Bancorp has modest predictability. Overlapping area represents the amount of predictability between Northeast Community time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Northeast Community price movement. The serial correlation of 0.5 indicates that about 50.0% of current Northeast Community price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Northeast Community lagged returns against current returns
Autocorrelation, which is Northeast Community 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 Northeast Community's stock expected returns. We can calculate the autocorrelation of Northeast Community returns to help us make a trade decision. For example, suppose you find that Northeast Community 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 |
Northeast Community 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 Northeast Community stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northeast Community stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northeast Community stock over time.
Current vs Lagged Prices |
| Timeline |
Northeast Community Lagged Returns
When evaluating Northeast Community's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northeast Community stock have on its future price. Northeast Community 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, Northeast Community autocorrelation shows the relationship between Northeast Community stock current value and its past values and can show if there is a momentum factor associated with investing in Northeast Community 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 Northeast Community offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northeast Community'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 Northeast Community Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northeast Community Bancorp Stock:Check out Northeast Community Correlation, Northeast Community Volatility and Northeast Community Alpha and Beta module to complement your research on Northeast Community. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Northeast Community 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.