Columbia Banking System Stock Market Value
| COLB Stock | USD 30.87 0.14 0.45% |
| Symbol | Columbia |
Columbia Banking System 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 Columbia Banking. 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 Banking 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 0.077 | Dividend Share 0.36 | Earnings Share 2.32 | Revenue Per Share 8.776 | Quarterly Revenue Growth (0.04) |
The market value of Columbia Banking System 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 Banking's value that differs from its market value or its book value, called intrinsic value, which is Columbia Banking'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 Banking's market value can be influenced by many factors that don't directly affect Columbia Banking'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 Banking's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Banking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Banking'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 Banking '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 Banking'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 Banking.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Columbia Banking on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding Columbia Banking System or generate 0.0% return on investment in Columbia Banking over 60 days. Columbia Banking is related to or competes with Glacier Bancorp, CVB Financial, Independent Bank, First Financial, First Interstate, Eagle Bancorp, and Capitol Federal. Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of bank... More
Columbia Banking 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 Banking'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 Banking System upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.1024 | |||
| Maximum Drawdown | 16.44 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.66 |
Columbia Banking Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Columbia Banking's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Columbia Banking's standard deviation. In reality, there are many statistical measures that can use Columbia Banking historical prices to predict the future Columbia Banking's volatility.| Risk Adjusted Performance | 0.1257 | |||
| Jensen Alpha | 0.0963 | |||
| Total Risk Alpha | 0.0043 | |||
| Sortino Ratio | 0.1469 | |||
| Treynor Ratio | 0.1571 |
Columbia Banking System Backtested Returns
Columbia Banking appears to be very steady, given 3 months investment horizon. Columbia Banking System secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Columbia Banking System, which you can use to evaluate the volatility of the firm. Please makes use of Columbia Banking's Risk Adjusted Performance of 0.1257, mean deviation of 1.57, and Downside Deviation of 1.63 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Columbia Banking holds a performance score of 14. The firm shows a Beta (market volatility) of 2.25, 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, Columbia Banking will likely underperform. Please check Columbia Banking's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Columbia Banking's price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
Columbia Banking System has good predictability. Overlapping area represents the amount of predictability between Columbia Banking time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd 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 Banking System price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Columbia Banking price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
Columbia Banking System lagged returns against current returns
Autocorrelation, which is Columbia Banking 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 Banking's stock expected returns. We can calculate the autocorrelation of Columbia Banking returns to help us make a trade decision. For example, suppose you find that Columbia Banking 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 Banking 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 Banking stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Columbia Banking stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Columbia Banking stock over time.
Current vs Lagged Prices |
| Timeline |
Columbia Banking Lagged Returns
When evaluating Columbia Banking's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Columbia Banking stock have on its future price. Columbia Banking 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 Banking autocorrelation shows the relationship between Columbia Banking stock current value and its past values and can show if there is a momentum factor associated with investing in Columbia Banking System.
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 Columbia Banking System offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbia Banking'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 Columbia Banking System Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbia Banking System Stock:Check out Columbia Banking Correlation, Columbia Banking Volatility and Columbia Banking Alpha and Beta module to complement your research on Columbia Banking. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Columbia Banking 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.