East West Bancorp Stock Market Value
| EWBC Stock | USD 95.91 1.04 1.10% |
| Symbol | East |
East West Bancorp 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 East West. If investors know East 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 East West 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 0.059 | Dividend Share 2.13 | Earnings Share 7.92 | Revenue Per Share 17.316 | Quarterly Revenue Growth 0.097 |
The market value of East West Bancorp is measured differently than its book value, which is the value of East that is recorded on the company's balance sheet. Investors also form their own opinion of East West's value that differs from its market value or its book value, called intrinsic value, which is East West'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 East West's market value can be influenced by many factors that don't directly affect East West'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 East West's value and its price as these two are different measures arrived at by different means. Investors typically determine if East West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, East West'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.
East West '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 East West'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 East West.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in East West on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding East West Bancorp or generate 0.0% return on investment in East West over 30 days. East West is related to or competes with Barclays PLC, UBS Group, ING Group, Citigroup, Royal Bank, Bank of America, and JPMorgan Chase. East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and co... More
East West 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 East West'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 East West Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.0957 | |||
| Maximum Drawdown | 14.74 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.93 |
East West Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for East West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as East West's standard deviation. In reality, there are many statistical measures that can use East West historical prices to predict the future East West's volatility.| Risk Adjusted Performance | 0.0936 | |||
| Jensen Alpha | 0.1979 | |||
| Total Risk Alpha | 0.1753 | |||
| Sortino Ratio | 0.1116 | |||
| Treynor Ratio | 0.1298 |
East West Bancorp Backtested Returns
East West appears to be very steady, given 3 months investment horizon. East West Bancorp secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for East West Bancorp, which you can use to evaluate the volatility of the firm. Please utilize East West's Mean Deviation of 1.55, downside deviation of 1.94, and Coefficient Of Variation of 909.22 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, East West holds a performance score of 9. The firm shows a Beta (market volatility) of 1.84, 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, East West will likely underperform. Please check East West's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether East West's price patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
East West Bancorp has below average predictability. Overlapping area represents the amount of predictability between East West time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 East West Bancorp price movement. The serial correlation of 0.38 indicates that just about 38.0% of current East West price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 12.89 |
East West Bancorp lagged returns against current returns
Autocorrelation, which is East West 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 East West's stock expected returns. We can calculate the autocorrelation of East West returns to help us make a trade decision. For example, suppose you find that East West 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 |
East West 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 East West stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if East West stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in East West stock over time.
Current vs Lagged Prices |
| Timeline |
East West Lagged Returns
When evaluating East West's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of East West stock have on its future price. East West 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, East West autocorrelation shows the relationship between East West stock current value and its past values and can show if there is a momentum factor associated with investing in East West Bancorp.
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 East West Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of East West'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 East West Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on East West Bancorp Stock:Check out East West Correlation, East West Volatility and East West Alpha and Beta module to complement your research on East West. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
East West 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.