West Bancorporation Stock Market Value
| WTBA Stock | USD 23.87 0.12 0.50% |
| Symbol | West |
West Bancorporation 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 West Bancorporation. If investors know West 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 West Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1 | Earnings Share 1.27 | Revenue Per Share 4.613 | Quarterly Revenue Growth 0.055 | Return On Assets 0.0056 |
The market value of West Bancorporation is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is West Bancorporation'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 West Bancorporation's market value can be influenced by many factors that don't directly affect West Bancorporation'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 West Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Bancorporation'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.
West Bancorporation '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 West Bancorporation'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 West Bancorporation.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in West Bancorporation on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding West Bancorporation or generate 0.0% return on investment in West Bancorporation over 30 days. West Bancorporation is related to or competes with MidWestOne Financial, Washington Trust, Univest Pennsylvania, Sierra Bancorp, and First Business. West Bancorporation, Inc. operates as the financial holding company for West Bank that provides community banking and tr... More
West Bancorporation 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 West Bancorporation'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 West Bancorporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | 0.0782 | |||
| Maximum Drawdown | 16.05 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 3.84 |
West Bancorporation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for West Bancorporation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as West Bancorporation's standard deviation. In reality, there are many statistical measures that can use West Bancorporation historical prices to predict the future West Bancorporation's volatility.| Risk Adjusted Performance | 0.1106 | |||
| Jensen Alpha | 0.0833 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1157 | |||
| Treynor Ratio | 0.1736 |
West Bancorporation Backtested Returns
West Bancorporation appears to be not too volatile, given 3 months investment horizon. West Bancorporation shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for West Bancorporation, which you can use to evaluate the volatility of the company. Please utilize West Bancorporation's Mean Deviation of 1.63, market risk adjusted performance of 0.1836, and Downside Deviation of 1.62 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, West Bancorporation holds a performance score of 12. The firm maintains a market beta of 1.81, which attests to 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, West Bancorporation will likely underperform. Please check West Bancorporation's value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether West Bancorporation's historical returns will revert.
Auto-correlation | 0.65 |
Good predictability
West Bancorporation has good predictability. Overlapping area represents the amount of predictability between West Bancorporation time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 West Bancorporation price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current West Bancorporation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
West Bancorporation lagged returns against current returns
Autocorrelation, which is West Bancorporation 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 West Bancorporation's stock expected returns. We can calculate the autocorrelation of West Bancorporation returns to help us make a trade decision. For example, suppose you find that West Bancorporation 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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West Bancorporation 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 West Bancorporation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if West Bancorporation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in West Bancorporation stock over time.
Current vs Lagged Prices |
| Timeline |
West Bancorporation Lagged Returns
When evaluating West Bancorporation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of West Bancorporation stock have on its future price. West Bancorporation 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, West Bancorporation autocorrelation shows the relationship between West Bancorporation stock current value and its past values and can show if there is a momentum factor associated with investing in West Bancorporation.
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 West Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of West Bancorporation'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 West Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on West Bancorporation Stock:Check out West Bancorporation Correlation, West Bancorporation Volatility and West Bancorporation Alpha and Beta module to complement your research on West Bancorporation. For information on how to trade West Stock refer to our How to Trade West Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
West Bancorporation 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.