Pb Bankshares Stock Market Value
| PBBK Stock | USD 14.05 0.00 0.00% |
| Symbol | PBBK |
PB 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 PB Bankshares. If investors know PBBK 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 PB 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 (0.14) | Earnings Share 0.64 | Revenue Per Share 5.045 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0037 |
The market value of PB Bankshares is measured differently than its book value, which is the value of PBBK that is recorded on the company's balance sheet. Investors also form their own opinion of PB Bankshares' value that differs from its market value or its book value, called intrinsic value, which is PB 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 PB Bankshares' market value can be influenced by many factors that don't directly affect PB 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 PB Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if PB Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PB 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.
PB 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 PB 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 PB Bankshares.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in PB Bankshares on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding PB Bankshares or generate 0.0% return on investment in PB Bankshares over 30 days. PB Bankshares is related to or competes with Nmb Financial, Japan Post, Bank Utica, Auburn Bancorp, Home Federal, Pioneer Bankcorp, and Liberty Northwest. PB Bankshares, Inc. operates as the bank holding company for Presence Bank that provides various banking products and se... More
PB 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 PB 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 PB Bankshares upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 1.82 |
PB Bankshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PB Bankshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PB Bankshares' standard deviation. In reality, there are many statistical measures that can use PB Bankshares historical prices to predict the future PB Bankshares' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (3.74) |
PB Bankshares Backtested Returns
PB Bankshares retains Efficiency (Sharpe Ratio) of -0.11, which implies the company had a -0.11% return per unit of price deviation over the last 3 months. PB Bankshares exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PB Bankshares' market risk adjusted performance of (3.73), and Information Ratio of (0.26) to confirm the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.065, which implies not very significant fluctuations relative to the market. As returns on the market increase, PB Bankshares' returns are expected to increase less than the market. However, during the bear market, the loss of holding PB Bankshares is expected to be smaller as well. At this point, PB Bankshares has a negative expected return of -0.16%. Please make sure to check PB Bankshares' standard deviation, as well as the relationship between the maximum drawdown and kurtosis , to decide if PB Bankshares performance from the past will be repeated sooner or later.
Auto-correlation | 0.21 |
Weak predictability
PB Bankshares has weak predictability. Overlapping area represents the amount of predictability between PB Bankshares time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 PB Bankshares price movement. The serial correlation of 0.21 indicates that over 21.0% of current PB Bankshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
PB Bankshares lagged returns against current returns
Autocorrelation, which is PB 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 PB Bankshares' stock expected returns. We can calculate the autocorrelation of PB Bankshares returns to help us make a trade decision. For example, suppose you find that PB 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 |
| Timeline |
PB 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 PB Bankshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PB Bankshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PB Bankshares stock over time.
Current vs Lagged Prices |
| Timeline |
PB Bankshares Lagged Returns
When evaluating PB Bankshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PB Bankshares stock have on its future price. PB 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, PB Bankshares autocorrelation shows the relationship between PB Bankshares stock current value and its past values and can show if there is a momentum factor associated with investing in PB Bankshares.
Regressed Prices |
| Timeline |
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PB Bankshares 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.