Bayfirst Income Quality from 2010 to 2024
| BAFN Stock | USD 13.41 0.04 0.30% |
Income Quality | First Reported 2010-12-31 | Previous Quarter 76.8887574 | Current Value 80.73 | Quarterly Volatility 34.59890902 |
Check Bayfirst Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bayfirst Financial's main balance sheet or income statement drivers, such as Other Operating Expenses of 59 M, Operating Income of 20.5 M or EBITDA of 9.9 M, as well as many indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 0.0447 or PTB Ratio of 0.5. Bayfirst financial statements analysis is a perfect complement when working with Bayfirst Financial Valuation or Volatility modules.
Bayfirst | Income Quality |
Latest Bayfirst Financial's Income Quality Growth Pattern
Below is the plot of the Income Quality of Bayfirst Financial Corp over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Bayfirst Financial's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bayfirst Financial's overall financial position and show how it may be relating to other accounts over time.
| Income Quality | 10 Years Trend |
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Income Quality |
| Timeline |
Bayfirst Income Quality Regression Statistics
| Arithmetic Mean | 12.81 | |
| Geometric Mean | 6.79 | |
| Coefficient Of Variation | 270.06 | |
| Mean Deviation | 26.61 | |
| Median | (1.98) | |
| Standard Deviation | 34.60 | |
| Sample Variance | 1,197 | |
| Range | 89.3216 | |
| R-Value | 0.67 | |
| Mean Square Error | 712.20 | |
| R-Squared | 0.45 | |
| Significance | 0.01 | |
| Slope | 5.18 | |
| Total Sum of Squares | 16,759 |
Bayfirst Income Quality History
About Bayfirst Financial Financial Statements
Bayfirst Financial investors utilize fundamental indicators, such as Income Quality, to predict how Bayfirst Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Income Quality | 76.89 | 80.73 |
Pair Trading with Bayfirst Financial
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 Bayfirst Financial 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 Bayfirst Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bayfirst Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bayfirst Financial 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 Bayfirst Financial - 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 Bayfirst Financial Corp to buy it.
The correlation of Bayfirst Financial 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 Bayfirst Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bayfirst Financial Corp 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 Bayfirst Financial 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 the analysis of Bayfirst Financial Correlation against competitors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 Bayfirst Financial. If investors know Bayfirst 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 Bayfirst Financial 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 (0.56) | Dividend Share 0.32 | Earnings Share 0.74 | Revenue Per Share 30.056 | Quarterly Revenue Growth (0.07) |
The market value of Bayfirst Financial Corp is measured differently than its book value, which is the value of Bayfirst that is recorded on the company's balance sheet. Investors also form their own opinion of Bayfirst Financial's value that differs from its market value or its book value, called intrinsic value, which is Bayfirst 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 Bayfirst Financial's market value can be influenced by many factors that don't directly affect Bayfirst 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 Bayfirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bayfirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bayfirst 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.