Esquire Financial Holdings Stock Market Value
| ESQ Stock | USD 79.62 2.92 3.81% |
| Symbol | Esquire |
Esquire Financial 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 Esquire Financial. If investors know Esquire 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 Esquire Financial 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 0.145 | Dividend Share 0.575 | Earnings Share 4.95 | Revenue Per Share 14.931 | Quarterly Revenue Growth 0.143 |
The market value of Esquire Financial is measured differently than its book value, which is the value of Esquire that is recorded on the company's balance sheet. Investors also form their own opinion of Esquire Financial's value that differs from its market value or its book value, called intrinsic value, which is Esquire 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 Esquire Financial's market value can be influenced by many factors that don't directly affect Esquire 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 Esquire Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Esquire Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Esquire 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.
Esquire 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 Esquire 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 Esquire Financial.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in Esquire Financial on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Esquire Financial Holdings or generate 0.0% return on investment in Esquire Financial over 510 days. Esquire Financial is related to or competes with Home Federal, First Financial, First Northwest, First Capital, Community West, Oak Valley, and FS Bancorp. Esquire Financial Holdings, Inc. operates as the bank holding company for Esquire Bank, National Association that provid... More
Esquire 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 Esquire 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 Esquire Financial Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | 0.1599 | |||
| Maximum Drawdown | 11.47 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 3.81 |
Esquire Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Esquire Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Esquire Financial's standard deviation. In reality, there are many statistical measures that can use Esquire Financial historical prices to predict the future Esquire Financial's volatility.| Risk Adjusted Performance | 0.1649 | |||
| Jensen Alpha | 0.2624 | |||
| Total Risk Alpha | 0.1176 | |||
| Sortino Ratio | 0.1922 | |||
| Treynor Ratio | 0.2744 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Esquire Financial's 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.
Esquire Financial Backtested Returns
Esquire Financial appears to be very steady, given 3 months investment horizon. Esquire Financial secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Esquire Financial Holdings, which you can use to evaluate the volatility of the firm. Please utilize Esquire Financial's Coefficient Of Variation of 456.12, downside deviation of 1.75, and Mean Deviation of 1.53 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Esquire Financial holds a performance score of 17. The firm shows a Beta (market volatility) of 1.64, which means 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, Esquire Financial will likely underperform. Please check Esquire Financial's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Esquire Financial's price patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
Esquire Financial Holdings has below average predictability. Overlapping area represents the amount of predictability between Esquire Financial time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 Esquire Financial price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Esquire Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 101.45 |
Esquire Financial lagged returns against current returns
Autocorrelation, which is Esquire 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 Esquire Financial's stock expected returns. We can calculate the autocorrelation of Esquire Financial returns to help us make a trade decision. For example, suppose you find that Esquire 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 |
Esquire 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 Esquire Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Esquire Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Esquire Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Esquire Financial Lagged Returns
When evaluating Esquire Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Esquire Financial stock have on its future price. Esquire 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, Esquire Financial autocorrelation shows the relationship between Esquire Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Esquire Financial Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Esquire Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Esquire Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Esquire Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Esquire Stock
| 0.93 | AX | Axos Financial | PairCorr |
| 0.95 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.95 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Esquire Stock
| 0.79 | CFG-PE | Citizens Financial | PairCorr |
| 0.76 | TFC-PO | Truist Financial | PairCorr |
| 0.75 | TFC-PR | Truist Financial | PairCorr |
| 0.37 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Esquire Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Esquire Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Esquire Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Esquire Financial Holdings to buy it.
The correlation of Esquire Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Esquire Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Esquire Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Esquire Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Esquire Stock Analysis
When running Esquire Financial's price analysis, check to measure Esquire Financial'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 Esquire Financial is operating at the current time. Most of Esquire Financial's value examination focuses on studying past and present price action to predict the probability of Esquire Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Esquire Financial's price. Additionally, you may evaluate how the addition of Esquire Financial to your portfolios can decrease your overall portfolio volatility.