Bar Harbor Bankshares Stock Market Value
| BHB Stock | USD 35.93 0.11 0.31% |
| Symbol | Bar |
Bar Harbor Bankshares 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 Bar Harbor. If investors know Bar 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 Bar Harbor 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 0.094 | Dividend Share 1.16 | Earnings Share 2.78 | Revenue Per Share 9.775 | Quarterly Revenue Growth 0.034 |
The market value of Bar Harbor Bankshares is measured differently than its book value, which is the value of Bar that is recorded on the company's balance sheet. Investors also form their own opinion of Bar Harbor's value that differs from its market value or its book value, called intrinsic value, which is Bar Harbor'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 Bar Harbor's market value can be influenced by many factors that don't directly affect Bar Harbor'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 Bar Harbor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bar Harbor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bar Harbor'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.
Bar Harbor '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 Bar Harbor'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 Bar Harbor.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Bar Harbor on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Bar Harbor Bankshares or generate 0.0% return on investment in Bar Harbor over 30 days. Bar Harbor is related to or competes with KeyCorp, Comerica, First Horizon, Western Alliance, Fifth Third, Huntington Bancshares, and US Bancorp. Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank Trust that provides commercial, lending, retai... More
Bar Harbor 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 Bar Harbor'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 Bar Harbor Bankshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.0457 | |||
| Maximum Drawdown | 22.04 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 3.51 |
Bar Harbor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bar Harbor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bar Harbor's standard deviation. In reality, there are many statistical measures that can use Bar Harbor historical prices to predict the future Bar Harbor's volatility.| Risk Adjusted Performance | 0.0751 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0573 | |||
| Treynor Ratio | 0.1143 |
Bar Harbor Bankshares Backtested Returns
Bar Harbor appears to be very steady, given 3 months investment horizon. Bar Harbor Bankshares secures Sharpe Ratio (or Efficiency) of 0.0949, which signifies that the company had a 0.0949% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bar Harbor Bankshares, which you can use to evaluate the volatility of the firm. Please makes use of Bar Harbor's Risk Adjusted Performance of 0.0751, mean deviation of 1.84, and Downside Deviation of 2.35 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bar Harbor holds a performance score of 7. The firm shows a Beta (market volatility) of 2.19, which signifies 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, Bar Harbor will likely underperform. Please check Bar Harbor's value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether Bar Harbor's price patterns will revert.
Auto-correlation | 0.66 |
Good predictability
Bar Harbor Bankshares has good predictability. Overlapping area represents the amount of predictability between Bar Harbor time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Bar Harbor Bankshares price movement. The serial correlation of 0.66 indicates that around 66.0% of current Bar Harbor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Bar Harbor Bankshares lagged returns against current returns
Autocorrelation, which is Bar Harbor 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 Bar Harbor's stock expected returns. We can calculate the autocorrelation of Bar Harbor returns to help us make a trade decision. For example, suppose you find that Bar Harbor 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 |
Bar Harbor 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 Bar Harbor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bar Harbor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bar Harbor stock over time.
Current vs Lagged Prices |
| Timeline |
Bar Harbor Lagged Returns
When evaluating Bar Harbor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bar Harbor stock have on its future price. Bar Harbor 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, Bar Harbor autocorrelation shows the relationship between Bar Harbor stock current value and its past values and can show if there is a momentum factor associated with investing in Bar Harbor Bankshares.
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 Bar Harbor Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bar Harbor'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 Bar Harbor Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bar Harbor Bankshares Stock:Check out Bar Harbor Correlation, Bar Harbor Volatility and Bar Harbor Alpha and Beta module to complement your research on Bar Harbor. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Bar Harbor 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.