Republic Bancorp Stock Market Value
| RBCAA Stock | USD 65.47 1.33 1.99% |
| Symbol | Republic |
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 Republic Bancorp. If investors know Republic 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 Republic Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Republic Bancorp is measured differently than its book value, which is the value of Republic that is recorded on the company's balance sheet. Investors also form their own opinion of Republic Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Republic 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 Republic Bancorp's market value can be influenced by many factors that don't directly affect Republic 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 Republic Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Republic Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Republic 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.
Republic 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 Republic 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 Republic Bancorp.
| 02/14/2023 |
| 02/03/2025 |
If you would invest 0.00 in Republic Bancorp on February 14, 2023 and sell it all today you would earn a total of 0.00 from holding Republic Bancorp or generate 0.0% return on investment in Republic Bancorp over 720 days. Republic Bancorp is related to or competes with First Community, Community West, First Financial, First Northwest, Home Federal, First Bancorp, and Magyar Bancorp. Republic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States More
Republic 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 Republic 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 Republic Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 20.1 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 2.45 |
Republic Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Republic Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Republic Bancorp's standard deviation. In reality, there are many statistical measures that can use Republic Bancorp historical prices to predict the future Republic Bancorp's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.22) |
Republic Bancorp Backtested Returns
Republic Bancorp maintains Sharpe Ratio (i.e., Efficiency) of -0.0114, which implies the firm had a -0.0114 % return per unit of risk over the last 3 months. Republic Bancorp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Republic Bancorp's Coefficient Of Variation of (8,758), variance of 5.97, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Republic Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Republic Bancorp is expected to be smaller as well. At this point, Republic Bancorp has a negative expected return of -0.0279%. Please make sure to check Republic Bancorp's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Republic Bancorp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.74 |
Good predictability
Republic Bancorp has good predictability. Overlapping area represents the amount of predictability between Republic Bancorp time series from 14th of February 2023 to 9th of February 2024 and 9th of February 2024 to 3rd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Republic Bancorp price movement. The serial correlation of 0.74 indicates that around 74.0% of current Republic Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 93.55 |
Republic Bancorp lagged returns against current returns
Autocorrelation, which is Republic 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 Republic Bancorp's stock expected returns. We can calculate the autocorrelation of Republic Bancorp returns to help us make a trade decision. For example, suppose you find that Republic 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 |
| Timeline |
Republic 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 Republic Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Republic Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Republic Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
Republic Bancorp Lagged Returns
When evaluating Republic Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Republic Bancorp stock have on its future price. Republic 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, Republic Bancorp autocorrelation shows the relationship between Republic Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Republic 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 Republic Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Republic 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 Republic Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Republic Bancorp Stock:Check out Republic Bancorp Correlation, Republic Bancorp Volatility and Republic Bancorp Alpha and Beta module to complement your research on Republic Bancorp. For information on how to trade Republic Stock refer to our How to Trade Republic Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Republic 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.