William Penn Bancorp Stock Market Value
| WMPN Stock | USD 13.43 0.14 1.05% |
| Symbol | William |
William Penn 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 William Penn. If investors know William 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 William Penn 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 0.631 | Dividend Share 0.12 | Revenue Per Share 2.418 | Quarterly Revenue Growth (0.04) | Return On Equity (0.0002) |
The market value of William Penn Bancorp is measured differently than its book value, which is the value of William that is recorded on the company's balance sheet. Investors also form their own opinion of William Penn's value that differs from its market value or its book value, called intrinsic value, which is William Penn'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 William Penn's market value can be influenced by many factors that don't directly affect William Penn'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 William Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if William Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, William Penn'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.
William Penn '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 William Penn'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 William Penn.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in William Penn on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding William Penn Bancorp or generate 0.0% return on investment in William Penn over 300 days. William Penn is related to or competes with Fifth Third, Zions Bancorporation, Huntington Bancshares, Comerica, and MT Bank. William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial ba... More
William Penn 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 William Penn'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 William Penn Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0682 | |||
| Maximum Drawdown | 6.97 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 2.23 |
William Penn Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for William Penn's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as William Penn's standard deviation. In reality, there are many statistical measures that can use William Penn historical prices to predict the future William Penn's volatility.| Risk Adjusted Performance | 0.1344 | |||
| Jensen Alpha | 0.1276 | |||
| Total Risk Alpha | 0.0094 | |||
| Sortino Ratio | 0.079 | |||
| Treynor Ratio | 0.3162 |
William Penn Bancorp Backtested Returns
William Penn appears to be very steady, given 3 months investment horizon. William Penn Bancorp shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for William Penn Bancorp, which you can use to evaluate the volatility of the company. Please utilize William Penn's Market Risk Adjusted Performance of 0.3262, downside deviation of 1.08, and Mean Deviation of 0.8636 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, William Penn holds a performance score of 12. The firm maintains a market beta of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, William Penn's returns are expected to increase less than the market. However, during the bear market, the loss of holding William Penn is expected to be smaller as well. Please check William Penn's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether William Penn's historical returns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
William Penn Bancorp has very good reverse predictability. Overlapping area represents the amount of predictability between William Penn time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 William Penn Bancorp price movement. The serial correlation of -0.66 indicates that around 66.0% of current William Penn price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
William Penn Bancorp lagged returns against current returns
Autocorrelation, which is William Penn 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 William Penn's stock expected returns. We can calculate the autocorrelation of William Penn returns to help us make a trade decision. For example, suppose you find that William Penn 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 |
William Penn 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 William Penn stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if William Penn stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in William Penn stock over time.
Current vs Lagged Prices |
| Timeline |
William Penn Lagged Returns
When evaluating William Penn's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of William Penn stock have on its future price. William Penn 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, William Penn autocorrelation shows the relationship between William Penn stock current value and its past values and can show if there is a momentum factor associated with investing in William Penn Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with William Penn
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if William Penn position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in William Penn will appreciate offsetting losses from the drop in the long position's value.Moving together with William Stock
| 0.76 | AX | Axos Financial | PairCorr |
| 0.76 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.81 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against William Stock
| 0.61 | TFC-PO | Truist Financial | PairCorr |
| 0.53 | TFC-PR | Truist Financial | PairCorr |
| 0.47 | WF | Woori Financial Group | PairCorr |
| 0.45 | CFG-PE | Citizens Financial | PairCorr |
The ability to find closely correlated positions to William Penn could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace William Penn when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back William Penn - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling William Penn Bancorp to buy it.
The correlation of William Penn is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as William Penn moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if William Penn Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for William Penn can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out William Penn Correlation, William Penn Volatility and William Penn Alpha and Beta module to complement your research on William Penn. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
William Penn 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.