Mid Penn Bancorp Stock Market Value
| MPB Stock | USD 32.07 0.23 0.71% |
| Symbol | Mid |
Mid Penn 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 Mid Penn. If investors know Mid 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 Mid Penn 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 0.328 | Dividend Share 0.8 | Earnings Share 2.91 | Revenue Per Share 10.457 | Quarterly Revenue Growth 0.1 |
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn'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 Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn'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 Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn'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.
Mid Penn '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 Mid Penn'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 Mid Penn.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Mid Penn on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Mid Penn Bancorp or generate 0.0% return on investment in Mid Penn over 30 days. Mid Penn is related to or competes with Affinity Bancshares, Home Federal, Franklin Financial, ACNB, LINKBANCORP, Community West, and Oak Valley. Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services ... More
Mid Penn 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 Mid Penn'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 Mid Penn Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.017 | |||
| Maximum Drawdown | 8.25 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.12 |
Mid Penn Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mid Penn's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mid Penn's standard deviation. In reality, there are many statistical measures that can use Mid Penn historical prices to predict the future Mid Penn's volatility.| Risk Adjusted Performance | 0.073 | |||
| Jensen Alpha | 0.012 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0197 | |||
| Treynor Ratio | 0.1258 |
Mid Penn Bancorp Backtested Returns
At this point, Mid Penn is very steady. Mid Penn Bancorp has Sharpe Ratio of 0.0669, which conveys that the firm had a 0.0669% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mid Penn, which you can use to evaluate the volatility of the firm. Please verify Mid Penn's Mean Deviation of 1.36, downside deviation of 1.52, and Risk Adjusted Performance of 0.073 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Mid Penn has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.16, 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, Mid Penn will likely underperform. Mid Penn Bancorp right now secures a risk of 1.77%. Please verify Mid Penn Bancorp downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Mid Penn Bancorp will be following its current price movements.
Auto-correlation | 0.64 |
Good predictability
Mid Penn Bancorp has good predictability. Overlapping area represents the amount of predictability between Mid Penn time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Mid Penn Bancorp price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Mid Penn price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Mid Penn Bancorp lagged returns against current returns
Autocorrelation, which is Mid Penn 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 Mid Penn's stock expected returns. We can calculate the autocorrelation of Mid Penn returns to help us make a trade decision. For example, suppose you find that Mid Penn 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 |
Mid Penn 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 Mid Penn stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mid Penn stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mid Penn stock over time.
Current vs Lagged Prices |
| Timeline |
Mid Penn Lagged Returns
When evaluating Mid Penn's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mid Penn stock have on its future price. Mid Penn 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, Mid Penn autocorrelation shows the relationship between Mid Penn stock current value and its past values and can show if there is a momentum factor associated with investing in Mid Penn 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 Mid Penn Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid Penn'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 Mid Penn Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid Penn Bancorp Stock:Check out Mid Penn Correlation, Mid Penn Volatility and Mid Penn Alpha and Beta module to complement your research on Mid Penn. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Mid Penn 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.