Plumas Bancorp Stock Market Value
| PLBC Stock | USD 46.93 0.44 0.95% |
| Symbol | Plumas |
Plumas Bancorp 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 Plumas Bancorp. If investors know Plumas 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 Plumas Bancorp 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 (0.02) | Dividend Share 1.06 | Earnings Share 4.71 | Revenue Per Share 13.568 | Quarterly Revenue Growth 0.062 |
The market value of Plumas Bancorp is measured differently than its book value, which is the value of Plumas that is recorded on the company's balance sheet. Investors also form their own opinion of Plumas Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Plumas Bancorp'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 Plumas Bancorp's market value can be influenced by many factors that don't directly affect Plumas Bancorp'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 Plumas Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plumas Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plumas Bancorp'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.
Plumas Bancorp '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 Plumas Bancorp'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 Plumas Bancorp.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Plumas Bancorp on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Plumas Bancorp or generate 0.0% return on investment in Plumas Bancorp over 180 days. Plumas Bancorp is related to or competes with Home Federal, First Northwest, Lake Shore, Community West, Magyar Bancorp, Oak Valley, and First Community. Plumas Bancorp operates as the bank holding company for the Plumas Bank that provides various banking products and servi... More
Plumas Bancorp 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 Plumas Bancorp'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 Plumas Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.099 | |||
| Maximum Drawdown | 11.74 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 5.69 |
Plumas Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plumas Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plumas Bancorp's standard deviation. In reality, there are many statistical measures that can use Plumas Bancorp historical prices to predict the future Plumas Bancorp's volatility.| Risk Adjusted Performance | 0.1094 | |||
| Jensen Alpha | 0.2024 | |||
| Total Risk Alpha | 0.0482 | |||
| Sortino Ratio | 0.1097 | |||
| Treynor Ratio | 0.2091 |
Plumas Bancorp Backtested Returns
Plumas Bancorp appears to be very steady, given 3 months investment horizon. Plumas Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.099, which implies the firm had a 0.099% return per unit of risk over the last 3 months. We have found thirty technical indicators for Plumas Bancorp, which you can use to evaluate the volatility of the company. Please evaluate Plumas Bancorp's Risk Adjusted Performance of 0.1094, semi deviation of 2.01, and Coefficient Of Variation of 736.29 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Plumas Bancorp holds a performance score of 7. The company holds a Beta of 1.64, which implies 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, Plumas Bancorp will likely underperform. Please check Plumas Bancorp's kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to make a quick decision on whether Plumas Bancorp's historical price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Plumas Bancorp has below average predictability. Overlapping area represents the amount of predictability between Plumas Bancorp 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 Plumas Bancorp price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Plumas Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 5.98 |
Plumas Bancorp lagged returns against current returns
Autocorrelation, which is Plumas Bancorp 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 Plumas Bancorp's stock expected returns. We can calculate the autocorrelation of Plumas Bancorp returns to help us make a trade decision. For example, suppose you find that Plumas Bancorp 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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Plumas Bancorp 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 Plumas Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plumas Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plumas Bancorp stock over time.
Current vs Lagged Prices |
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Plumas Bancorp Lagged Returns
When evaluating Plumas Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plumas Bancorp stock have on its future price. Plumas Bancorp 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, Plumas Bancorp autocorrelation shows the relationship between Plumas Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Plumas 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 Plumas Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Plumas Bancorp'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 Plumas Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Plumas Bancorp Stock:Check out Plumas Bancorp Correlation, Plumas Bancorp Volatility and Plumas Bancorp Alpha and Beta module to complement your research on Plumas Bancorp. For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Plumas Bancorp 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.