Wesbanco Stock Market Value
| WSBC Stock | USD 35.24 0.45 1.26% |
| Symbol | WesBanco |
WesBanco 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 WesBanco. If investors know WesBanco 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 WesBanco 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 (0.07) | Dividend Share 1.44 | Earnings Share 2.09 | Revenue Per Share 9.341 | Quarterly Revenue Growth 0.026 |
The market value of WesBanco is measured differently than its book value, which is the value of WesBanco that is recorded on the company's balance sheet. Investors also form their own opinion of WesBanco's value that differs from its market value or its book value, called intrinsic value, which is WesBanco'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 WesBanco's market value can be influenced by many factors that don't directly affect WesBanco'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 WesBanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if WesBanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WesBanco'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.
WesBanco '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 WesBanco'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 WesBanco.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in WesBanco on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding WesBanco or generate 0.0% return on investment in WesBanco over 60 days. WesBanco is related to or competes with Comerica, Truist Financial, Fifth Third, Zions Bancorporation, and PNC Financial. WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc More
WesBanco 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 WesBanco'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 WesBanco upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | 0.0698 | |||
| Maximum Drawdown | 16.82 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.16 |
WesBanco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WesBanco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WesBanco's standard deviation. In reality, there are many statistical measures that can use WesBanco historical prices to predict the future WesBanco's volatility.| Risk Adjusted Performance | 0.0964 | |||
| Jensen Alpha | 0.0125 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1124 | |||
| Treynor Ratio | 0.1199 |
WesBanco Backtested Returns
WesBanco appears to be very steady, given 3 months investment horizon. WesBanco shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for WesBanco, which you can use to evaluate the volatility of the company. Please utilize WesBanco's Downside Deviation of 1.43, mean deviation of 1.42, and Market Risk Adjusted Performance of 0.1299 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WesBanco holds a performance score of 8. The firm maintains a market beta of 2.29, which attests to 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, WesBanco will likely underperform. Please check WesBanco's value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether WesBanco's historical returns will revert.
Auto-correlation | 0.32 |
Below average predictability
WesBanco has below average predictability. Overlapping area represents the amount of predictability between WesBanco time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 WesBanco price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current WesBanco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
WesBanco lagged returns against current returns
Autocorrelation, which is WesBanco 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 WesBanco's stock expected returns. We can calculate the autocorrelation of WesBanco returns to help us make a trade decision. For example, suppose you find that WesBanco 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 |
WesBanco 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 WesBanco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WesBanco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WesBanco stock over time.
Current vs Lagged Prices |
| Timeline |
WesBanco Lagged Returns
When evaluating WesBanco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WesBanco stock have on its future price. WesBanco 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, WesBanco autocorrelation shows the relationship between WesBanco stock current value and its past values and can show if there is a momentum factor associated with investing in WesBanco.
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 WesBanco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WesBanco'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 Wesbanco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesbanco Stock:Check out WesBanco Correlation, WesBanco Volatility and WesBanco Alpha and Beta module to complement your research on WesBanco. For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
WesBanco 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.