Peoples Bancorp Stock Market Value
| PEBO Stock | USD 35.08 0.13 0.37% |
| Symbol | Peoples |
Peoples 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 Peoples Bancorp. If investors know Peoples 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 Peoples Bancorp 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 (0.01) | Dividend Share 1.59 | Earnings Share 3.52 | Revenue Per Share 12.327 | Quarterly Revenue Growth (0.05) |
The market value of Peoples Bancorp is measured differently than its book value, which is the value of Peoples that is recorded on the company's balance sheet. Investors also form their own opinion of Peoples Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Peoples Bancorp'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 Peoples Bancorp's market value can be influenced by many factors that don't directly affect Peoples Bancorp'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 Peoples Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peoples Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peoples Bancorp'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.
Peoples Bancorp '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 Peoples Bancorp'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 Peoples Bancorp.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Peoples Bancorp on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Peoples Bancorp or generate 0.0% return on investment in Peoples Bancorp over 90 days. Peoples Bancorp is related to or competes with Eagle Bancorp, Northrim BanCorp, United Bankshares, Pacific Premier, Sandy Spring, Primis Financial, and Equity Bancshares,. Peoples Bancorp Inc. operates as the holding company for Peoples Bank that provides commercial and retail banking produc... More
Peoples Bancorp 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 Peoples Bancorp'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 Peoples Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.025 | |||
| Maximum Drawdown | 17.61 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 3.62 |
Peoples Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peoples Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peoples Bancorp's standard deviation. In reality, there are many statistical measures that can use Peoples Bancorp historical prices to predict the future Peoples Bancorp's volatility.| Risk Adjusted Performance | 0.0685 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0344 | |||
| Treynor Ratio | 0.0858 |
Peoples Bancorp Backtested Returns
Peoples Bancorp appears to be very steady, given 3 months investment horizon. Peoples Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.0875, which implies the firm had a 0.0875% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Peoples Bancorp, which you can use to evaluate the volatility of the company. Please evaluate Peoples Bancorp's Semi Deviation of 1.56, coefficient of variation of 1241.35, and Risk Adjusted Performance of 0.0685 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Peoples Bancorp holds a performance score of 6. The company holds a Beta of 2.21, which implies 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, Peoples Bancorp will likely underperform. Please check Peoples Bancorp's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Peoples Bancorp's historical price patterns will revert.
Auto-correlation | -0.57 |
Good reverse predictability
Peoples Bancorp has good reverse predictability. Overlapping area represents the amount of predictability between Peoples Bancorp time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 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 Peoples Bancorp price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Peoples Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 5.32 |
Peoples Bancorp lagged returns against current returns
Autocorrelation, which is Peoples Bancorp 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 Peoples Bancorp's stock expected returns. We can calculate the autocorrelation of Peoples Bancorp returns to help us make a trade decision. For example, suppose you find that Peoples Bancorp 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 |
Peoples Bancorp 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 Peoples Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peoples Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peoples Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
Peoples Bancorp Lagged Returns
When evaluating Peoples Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peoples Bancorp stock have on its future price. Peoples Bancorp 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, Peoples Bancorp autocorrelation shows the relationship between Peoples Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Peoples Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with Peoples Bancorp
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 Peoples Bancorp 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 Peoples Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Peoples Stock
Moving against Peoples Stock
| 0.69 | CFG-PE | Citizens Financial | PairCorr |
| 0.61 | TFC-PR | Truist Financial | PairCorr |
| 0.6 | TFC-PO | Truist Financial | PairCorr |
The ability to find closely correlated positions to Peoples Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peoples Bancorp 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 Peoples Bancorp - 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 Peoples Bancorp to buy it.
The correlation of Peoples Bancorp 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 Peoples Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peoples Bancorp 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 Peoples Bancorp 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.Check out Peoples Bancorp Correlation, Peoples Bancorp Volatility and Peoples Bancorp Alpha and Beta module to complement your research on Peoples Bancorp. To learn how to invest in Peoples Stock, please use our How to Invest in Peoples Bancorp guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Peoples Bancorp 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.