Red River Bancshares Stock Market Value
| RRBI Stock | USD 59.40 0.66 1.12% |
| Symbol | Red |
Red River Bancshares 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 Red River. If investors know Red 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 Red River 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 0.135 | Dividend Share 0.35 | Earnings Share 4.75 | Revenue Per Share 15.238 | Quarterly Revenue Growth 0.056 |
The market value of Red River Bancshares is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red River's value that differs from its market value or its book value, called intrinsic value, which is Red River'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 Red River's market value can be influenced by many factors that don't directly affect Red River'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 Red River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red River'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.
Red River '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 Red River'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 Red River.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in Red River on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding Red River Bancshares or generate 0.0% return on investment in Red River over 360 days. Red River is related to or competes with Home Federal, Magyar Bancorp, Community West, Rhinebeck Bancorp, ChoiceOne Financial, Pathfinder Bancorp, and Lake Shore. Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and serv... More
Red River 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 Red River'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 Red River Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.0679 | |||
| Maximum Drawdown | 11.32 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.91 |
Red River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Red River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Red River's standard deviation. In reality, there are many statistical measures that can use Red River historical prices to predict the future Red River's volatility.| Risk Adjusted Performance | 0.1057 | |||
| Jensen Alpha | 0.0504 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0799 | |||
| Treynor Ratio | 0.1491 |
Red River Bancshares Backtested Returns
Red River appears to be very steady, given 3 months investment horizon. Red River Bancshares maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Red River Bancshares, which you can use to evaluate the volatility of the company. Please evaluate Red River's Coefficient Of Variation of 772.59, semi deviation of 1.49, and Risk Adjusted Performance of 0.1057 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Red River holds a performance score of 8. The company holds a Beta of 1.78, 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, Red River will likely underperform. Please check Red River's semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Red River's historical price patterns will revert.
Auto-correlation | -0.59 |
Good reverse predictability
Red River Bancshares has good reverse predictability. Overlapping area represents the amount of predictability between Red River time series from 1st of December 2023 to 29th of May 2024 and 29th of May 2024 to 25th 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 Red River Bancshares price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Red River price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 12.35 |
Red River Bancshares lagged returns against current returns
Autocorrelation, which is Red River 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 Red River's stock expected returns. We can calculate the autocorrelation of Red River returns to help us make a trade decision. For example, suppose you find that Red River 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 |
Red River 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 Red River stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Red River stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Red River stock over time.
Current vs Lagged Prices |
| Timeline |
Red River Lagged Returns
When evaluating Red River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Red River stock have on its future price. Red River 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, Red River autocorrelation shows the relationship between Red River stock current value and its past values and can show if there is a momentum factor associated with investing in Red River Bancshares.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Red River Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Red River'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 Red River Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Red River Bancshares Stock:Check out Red River Correlation, Red River Volatility and Red River Alpha and Beta module to complement your research on Red River. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Red River 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.