Commerce Bancshares Stock Market Value
| CBSH Stock | USD 73.88 0.08 0.11% |
| Symbol | Commerce |
Commerce Bancshares 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 Commerce Bancshares. If investors know Commerce 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 Commerce Bancshares 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 0.162 | Dividend Share 1.067 | Earnings Share 3.84 | Revenue Per Share 12.557 | Quarterly Revenue Growth 0.083 |
The market value of Commerce Bancshares is measured differently than its book value, which is the value of Commerce that is recorded on the company's balance sheet. Investors also form their own opinion of Commerce Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Commerce Bancshares' 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 Commerce Bancshares' market value can be influenced by many factors that don't directly affect Commerce Bancshares' 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 Commerce Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commerce Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Bancshares' 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.
Commerce Bancshares '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 Commerce Bancshares' 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 Commerce Bancshares.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Commerce Bancshares on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Commerce Bancshares or generate 0.0% return on investment in Commerce Bancshares over 30 days. Commerce Bancshares is related to or competes with BOK Financial, Texas Capital, United Bankshares, Prosperity Bancshares, BancFirst, First Financial, and UMB Financial. Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking,... More
Commerce Bancshares 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 Commerce Bancshares' 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 Commerce Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0766 | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 2.63 |
Commerce Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commerce Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commerce Bancshares' standard deviation. In reality, there are many statistical measures that can use Commerce Bancshares historical prices to predict the future Commerce Bancshares' volatility.| Risk Adjusted Performance | 0.1169 | |||
| Jensen Alpha | 0.0638 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.109 | |||
| Treynor Ratio | 0.1537 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Commerce Bancshares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Commerce Bancshares Backtested Returns
Commerce Bancshares appears to be very steady, given 3 months investment horizon. Commerce Bancshares secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Commerce Bancshares, which you can use to evaluate the volatility of the firm. Please makes use of Commerce Bancshares' Risk Adjusted Performance of 0.1169, downside deviation of 1.29, and Mean Deviation of 1.15 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Commerce Bancshares holds a performance score of 10. The firm shows a Beta (market volatility) of 1.67, 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, Commerce Bancshares will likely underperform. Please check Commerce Bancshares' total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Commerce Bancshares' price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
Commerce Bancshares has very good predictability. Overlapping area represents the amount of predictability between Commerce Bancshares 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 Commerce Bancshares price movement. The serial correlation of 0.82 indicates that around 82.0% of current Commerce Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 1.43 |
Commerce Bancshares lagged returns against current returns
Autocorrelation, which is Commerce Bancshares 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 Commerce Bancshares' stock expected returns. We can calculate the autocorrelation of Commerce Bancshares returns to help us make a trade decision. For example, suppose you find that Commerce Bancshares 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 |
Commerce Bancshares 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 Commerce Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Commerce Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Commerce Bancshares stock over time.
Current vs Lagged Prices |
| Timeline |
Commerce Bancshares Lagged Returns
When evaluating Commerce Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Commerce Bancshares stock have on its future price. Commerce Bancshares 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, Commerce Bancshares autocorrelation shows the relationship between Commerce Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in Commerce Bancshares.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Commerce Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commerce Bancshares' 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 Commerce Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commerce Bancshares Stock:Check out Commerce Bancshares Correlation, Commerce Bancshares Volatility and Commerce Bancshares Alpha and Beta module to complement your research on Commerce Bancshares. For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Commerce Bancshares 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.