Andover Bancorp Financials
| ANDC Stock | USD 21.00 1.00 5.00% |
Andover |
Understanding current and past Andover Bancorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Andover Bancorp's financial statements are interrelated, with each one affecting the others. For example, an increase in Andover Bancorp's assets may result in an increase in income on the income statement.
Please note, the presentation of Andover Bancorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Andover Bancorp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Andover Bancorp's management manipulating its earnings.
Andover Bancorp Stock Summary
Andover Bancorp competes with Aozora Bank, and Absa Group. Andover Bancorp, Inc. operates as the bank holding company for Andover Bank that provides commercial and retail banking products and services. Andover Bancorp, Inc. was founded in 1884 and is headquartered in Andover, Ohio. Andover Bancorp operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 90 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 600 East Main |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Benchmark | Dow Jones Industrial |
| Website | www.andover.bank/andover-bancorp-inc |
| Phone | 440 293 7256 |
| Currency | USD - US Dollar |
Andover Bancorp Key Financial Ratios
Andover Bancorp's financial ratios allow both analysts and investors to convert raw data from Andover Bancorp's financial statements into concise, actionable information that can be used to evaluate the performance of Andover Bancorp over time and compare it to other companies across industries.Andover Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Andover Bancorp's current stock value. Our valuation model uses many indicators to compare Andover Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Andover Bancorp competition to find correlations between indicators driving Andover Bancorp's intrinsic value. More Info.Andover Bancorp is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Andover Bancorp is roughly 11.55 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Andover Bancorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Andover Bancorp's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Andover Bancorp Systematic Risk
Andover Bancorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Andover Bancorp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Andover Bancorp correlated with the market. If Beta is less than 0 Andover Bancorp generally moves in the opposite direction as compared to the market. If Andover Bancorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Andover Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Andover Bancorp is generally in the same direction as the market. If Beta > 1 Andover Bancorp moves generally in the same direction as, but more than the movement of the benchmark.
Andover Bancorp December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Andover Bancorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Andover Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Andover Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Andover Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Andover Bancorp's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0214 | |||
| Maximum Drawdown | 37.41 | |||
| Potential Upside | 1.32 |
Complementary Tools for Andover Pink Sheet analysis
When running Andover Bancorp's price analysis, check to measure Andover Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Andover Bancorp is operating at the current time. Most of Andover Bancorp's value examination focuses on studying past and present price action to predict the probability of Andover Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andover Bancorp's price. Additionally, you may evaluate how the addition of Andover Bancorp to your portfolios can decrease your overall portfolio volatility.
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