Waterstone Financial Stock Market Value
| WSBF Stock | USD 15.38 0.13 0.85% |
| Symbol | Waterstone |
Is Banking 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 Waterstone Financial. If investors know Waterstone 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 Waterstone Financial 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 Waterstone Financial is measured differently than its book value, which is the value of Waterstone that is recorded on the company's balance sheet. Investors also form their own opinion of Waterstone Financial's value that differs from its market value or its book value, called intrinsic value, which is Waterstone Financial'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 Waterstone Financial's market value can be influenced by many factors that don't directly affect Waterstone Financial'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 Waterstone Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waterstone Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waterstone Financial'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.
Waterstone Financial '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 Waterstone Financial'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 Waterstone Financial.
| 08/24/2024 |
| 11/22/2024 |
If you would invest 0.00 in Waterstone Financial on August 24, 2024 and sell it all today you would earn a total of 0.00 from holding Waterstone Financial or generate 0.0% return on investment in Waterstone Financial over 90 days. Waterstone Financial is related to or competes with National Bank, Community West, Financial Institutions, Kearny Financial, Heritage Financial, Home Bancorp, and CB Financial. Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial se... More
Waterstone Financial 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 Waterstone Financial'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 Waterstone Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.79 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 15.81 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.54 |
Waterstone Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waterstone Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Waterstone Financial's standard deviation. In reality, there are many statistical measures that can use Waterstone Financial historical prices to predict the future Waterstone Financial's volatility.| Risk Adjusted Performance | 0.0404 | |||
| Jensen Alpha | 0.1007 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.45) |
Waterstone Financial Backtested Returns
At this point, Waterstone Financial is not too volatile. Waterstone Financial shows Sharpe Ratio of 0.0446, which attests that the company had a 0.0446% return per unit of risk over the last 3 months. We have found thirty technical indicators for Waterstone Financial, which you can use to evaluate the volatility of the company. Please check out Waterstone Financial's Downside Deviation of 1.79, market risk adjusted performance of (0.44), and Mean Deviation of 1.36 to validate if the risk estimate we provide is consistent with the expected return of 0.0924%. Waterstone Financial has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Waterstone Financial are expected to decrease at a much lower rate. During the bear market, Waterstone Financial is likely to outperform the market. Waterstone Financial right now maintains a risk of 2.07%. Please check out Waterstone Financial skewness, and the relationship between the potential upside and rate of daily change , to decide if Waterstone Financial will be following its historical returns.
Auto-correlation | -0.22 |
Weak reverse predictability
Waterstone Financial has weak reverse predictability. Overlapping area represents the amount of predictability between Waterstone Financial time series from 24th of August 2024 to 8th of October 2024 and 8th of October 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 Waterstone Financial price movement. The serial correlation of -0.22 indicates that over 22.0% of current Waterstone Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Waterstone Financial lagged returns against current returns
Autocorrelation, which is Waterstone Financial 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 Waterstone Financial's stock expected returns. We can calculate the autocorrelation of Waterstone Financial returns to help us make a trade decision. For example, suppose you find that Waterstone Financial 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 |
Waterstone Financial 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 Waterstone Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Waterstone Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Waterstone Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Waterstone Financial Lagged Returns
When evaluating Waterstone Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Waterstone Financial stock have on its future price. Waterstone Financial 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, Waterstone Financial autocorrelation shows the relationship between Waterstone Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Waterstone Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Waterstone Financial is a strong investment it is important to analyze Waterstone Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Waterstone Financial's future performance. For an informed investment choice regarding Waterstone Stock, refer to the following important reports:Check out Waterstone Financial Correlation, Waterstone Financial Volatility and Waterstone Financial Alpha and Beta module to complement your research on Waterstone Financial. For more detail on how to invest in Waterstone Stock please use our How to Invest in Waterstone Financial guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Waterstone Financial 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.