Banc Of Number Of Shares Shorted vs. Total Asset

BANC-PF Stock   24.63  0.10  0.40%   
Considering the key profitability indicators obtained from Banc Of's historical financial statements, Banc of California may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Banc Of's ability to earn profits and add value for shareholders. At this time, Banc Of's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Banc Of's current Operating Cash Flow Sales Ratio is estimated to increase to 0.51, while Price To Sales Ratio is projected to decrease to 6.68. The Banc Of's current Net Interest Income is estimated to increase to about 925.7 M, while Accumulated Other Comprehensive Income is forecasted to increase to (369.5 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.770.89
Fairly Down
Pretty Stable
For Banc Of profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Banc Of to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Banc of California utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Banc Of's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Banc of California over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Banc Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banc Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banc Of'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.

Banc of California Total Asset vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Banc Of's current stock value. Our valuation model uses many indicators to compare Banc Of value to that of its competitors to determine the firm's financial worth.
Banc of California is number one stock in number of shares shorted category among its peers. It also is number one stock in total asset category among its peers fabricating about  538,215  of Total Asset per Number Of Shares Shorted. At this time, Banc Of's Total Assets are most likely to increase significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Banc Of by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Banc Total Asset vs. Number Of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Banc Of

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
71.6 K
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Banc Of

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
38.53 B
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Banc Total Asset Comparison

Banc Of is currently under evaluation in total asset category among its peers.

Banc Of Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Banc Of, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Banc Of will eventually generate negative long term returns. The profitability progress is the general direction of Banc Of's change in net profit over the period of time. It can combine multiple indicators of Banc Of, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-388.9 M-369.5 M
Net Interest Income859.2 M925.7 M
Interest Income2.3 B1.4 B
Operating Income-490.4 M-465.9 M
Net Loss-1.7 B-1.6 B
Income Before Tax-2 B-1.9 B
Total Other Income Expense Net-1.5 B-1.4 B
Net Loss-1.7 B-1.6 B
Income Tax Expense-281 M-266.9 M
Net Loss(13.03)(12.38)
Income Quality(0.07)(0.08)
Net Income Per E B T 0.86  0.61 

Banc Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Banc Of. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Banc Of position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Banc Of's important profitability drivers and their relationship over time.

Use Banc Of in pair-trading

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 Banc Of 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 Banc Of will appreciate offsetting losses from the drop in the long position's value.

Banc Of Pair Trading

Banc of California Pair Trading Analysis

The ability to find closely correlated positions to Banc Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banc Of 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 Banc Of - 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 Banc of California to buy it.
The correlation of Banc Of 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 Banc Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banc of California 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 Banc Of 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Banc Of position

In addition to having Banc Of in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Obamacare Repeal
Obamacare Repeal Theme
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Obamacare Repeal Theme or any other thematic opportunities.
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Other Information on Investing in Banc Stock

To fully project Banc Of's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Banc of California at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Banc Of's income statement, its balance sheet, and the statement of cash flows.
Potential Banc Of investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Banc Of investors may work on each financial statement separately, they are all related. The changes in Banc Of's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Banc Of's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.