Lcnb Corporation Stock Market Value
| LCNB Stock | USD 17.54 0.16 0.92% |
| Symbol | LCNB |
LCNB 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 LCNB. If investors know LCNB 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 LCNB 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 (0.15) | Dividend Share 0.88 | Earnings Share 0.47 | Revenue Per Share 5.566 | Quarterly Revenue Growth 0.226 |
The market value of LCNB is measured differently than its book value, which is the value of LCNB that is recorded on the company's balance sheet. Investors also form their own opinion of LCNB's value that differs from its market value or its book value, called intrinsic value, which is LCNB'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 LCNB's market value can be influenced by many factors that don't directly affect LCNB'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 LCNB's value and its price as these two are different measures arrived at by different means. Investors typically determine if LCNB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LCNB'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.
LCNB '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 LCNB'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 LCNB.
| 10/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in LCNB on October 3, 2024 and sell it all today you would earn a total of 0.00 from holding LCNB Corporation or generate 0.0% return on investment in LCNB over 60 days. LCNB is related to or competes with Affinity Bancshares, Main Street, Mainstreet Bank, Oak Valley, Bank7 Corp, Home Federal, and Magyar Bancorp. LCNB Corp. operates as the financial holding company for LCNB National Bank that provides banking services in Ohio More
LCNB 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 LCNB'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 LCNB Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.0536 | |||
| Maximum Drawdown | 6.7 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.86 |
LCNB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LCNB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LCNB's standard deviation. In reality, there are many statistical measures that can use LCNB historical prices to predict the future LCNB's volatility.| Risk Adjusted Performance | 0.1086 | |||
| Jensen Alpha | 0.0395 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0549 | |||
| Treynor Ratio | 0.1558 |
LCNB Backtested Returns
LCNB appears to be very steady, given 3 months investment horizon. LCNB has Sharpe Ratio of 0.16, which conveys that the company had a 0.16% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for LCNB, which you can use to evaluate the volatility of the entity. Please exercise LCNB's Downside Deviation of 1.65, market risk adjusted performance of 0.1658, and Mean Deviation of 1.38 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LCNB holds a performance score of 12. The firm secures a Beta (Market Risk) of 1.4, which conveys 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, LCNB will likely underperform. Please check LCNB's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether LCNB's current price movements will revert.
Auto-correlation | 0.46 |
Average predictability
LCNB Corporation has average predictability. Overlapping area represents the amount of predictability between LCNB time series from 3rd of October 2024 to 2nd of November 2024 and 2nd of November 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 LCNB price movement. The serial correlation of 0.46 indicates that about 46.0% of current LCNB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
LCNB lagged returns against current returns
Autocorrelation, which is LCNB 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 LCNB's stock expected returns. We can calculate the autocorrelation of LCNB returns to help us make a trade decision. For example, suppose you find that LCNB 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 |
LCNB 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 LCNB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LCNB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LCNB stock over time.
Current vs Lagged Prices |
| Timeline |
LCNB Lagged Returns
When evaluating LCNB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LCNB stock have on its future price. LCNB 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, LCNB autocorrelation shows the relationship between LCNB stock current value and its past values and can show if there is a momentum factor associated with investing in LCNB Corporation.
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 LCNB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LCNB'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 Lcnb Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lcnb Corporation Stock:Check out LCNB Correlation, LCNB Volatility and LCNB Alpha and Beta module to complement your research on LCNB. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
LCNB 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.