Columbia Financial Stock Market Value
| CLBK Stock | USD 18.23 0.03 0.16% |
| Symbol | Columbia |
Is Banking 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 Columbia Financial. If investors know Columbia 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 Columbia Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Columbia Financial is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Financial's value that differs from its market value or its book value, called intrinsic value, which is Columbia 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 Columbia Financial's market value can be influenced by many factors that don't directly affect Columbia 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 Columbia Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia 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.
Columbia Financial '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 Columbia Financial'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 Columbia Financial.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Columbia Financial on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Financial or generate 0.0% return on investment in Columbia Financial over 90 days. Columbia Financial is related to or competes with Community West, First Financial, First Northwest, First Capital, Magyar Bancorp, Affinity Bancshares, and Franklin Financial. Columbia Financial, Inc., a bank holding company, provides financial services to businesses and consumers in the United ... More
Columbia Financial 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 Columbia Financial'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 Columbia Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.21 |
Columbia Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Financial's standard deviation. In reality, there are many statistical measures that can use Columbia Financial historical prices to predict the future Columbia Financial's volatility.| Risk Adjusted Performance | 0.0318 | |||
| Jensen Alpha | 0.0649 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (1.89) |
Columbia Financial Backtested Returns
As of now, Columbia Stock is not too volatile. Columbia Financial secures Sharpe Ratio (or Efficiency) of 0.0332, which signifies that the company had a 0.0332% return per unit of risk over the last 3 months. We have found thirty technical indicators for Columbia Financial, which you can use to evaluate the volatility of the firm. Please confirm Columbia Financial's Downside Deviation of 1.84, risk adjusted performance of 0.0318, and Mean Deviation of 1.49 to double-check if the risk estimate we provide is consistent with the expected return of 0.0708%. Columbia Financial has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0321, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Columbia Financial are expected to decrease at a much lower rate. During the bear market, Columbia Financial is likely to outperform the market. Columbia Financial right now shows a risk of 2.14%. Please confirm Columbia Financial jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Columbia Financial will be following its price patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
Columbia Financial has modest reverse predictability. Overlapping area represents the amount of predictability between Columbia Financial time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd of December 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 Columbia Financial price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Columbia Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Columbia Financial lagged returns against current returns
Autocorrelation, which is Columbia Financial 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 Columbia Financial's stock expected returns. We can calculate the autocorrelation of Columbia Financial returns to help us make a trade decision. For example, suppose you find that Columbia Financial 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 |
Columbia Financial 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 Columbia Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Columbia Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Columbia Financial Lagged Returns
When evaluating Columbia Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Financial stock have on its future price. Columbia Financial 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, Columbia Financial autocorrelation shows the relationship between Columbia Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Columbia Financial.
Regressed Prices |
| Timeline |
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Columbia Financial 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.