Tompkins Pocfratio from 2010 to 2024
| TMP Stock | USD 69.38 1.52 2.24% |
POCF Ratio | First Reported 2010-12-31 | Previous Quarter 9.64639655 | Current Value 8.79 | Quarterly Volatility 2.42689892 |
Check Tompkins Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tompkins Financial's main balance sheet or income statement drivers, such as Interest Expense of 92.2 M, Other Operating Expenses of 299.6 M or Operating Income of 11.4 M, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0325 or PTB Ratio of 2.18. Tompkins financial statements analysis is a perfect complement when working with Tompkins Financial Valuation or Volatility modules.
Tompkins | Pocfratio |
Latest Tompkins Financial's Pocfratio Growth Pattern
Below is the plot of the Pocfratio of Tompkins Financial over the last few years. It is Tompkins Financial's POCF Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tompkins Financial's overall financial position and show how it may be relating to other accounts over time.
| Pocfratio | 10 Years Trend |
|
Pocfratio |
| Timeline |
Tompkins Pocfratio Regression Statistics
| Arithmetic Mean | 10.34 | |
| Geometric Mean | 10.08 | |
| Coefficient Of Variation | 23.48 | |
| Mean Deviation | 1.69 | |
| Median | 10.05 | |
| Standard Deviation | 2.43 | |
| Sample Variance | 5.89 | |
| Range | 9.5273 | |
| R-Value | 0.28 | |
| Mean Square Error | 5.85 | |
| R-Squared | 0.08 | |
| Significance | 0.31 | |
| Slope | 0.15 | |
| Total Sum of Squares | 82.46 |
Tompkins Pocfratio History
About Tompkins Financial Financial Statements
Tompkins Financial shareholders use historical fundamental indicators, such as Pocfratio, to determine how well the company is positioned to perform in the future. Although Tompkins Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Tompkins Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Tompkins Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| POCF Ratio | 9.65 | 8.79 |
Pair Trading with Tompkins Financial
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 Tompkins Financial 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 Tompkins Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Tompkins Stock
| 0.97 | AX | Axos Financial | PairCorr |
| 0.97 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.96 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Tompkins Stock
| 0.8 | CFG-PE | Citizens Financial | PairCorr |
| 0.72 | TFC-PR | Truist Financial | PairCorr |
| 0.67 | TFC-PO | Truist Financial | PairCorr |
| 0.51 | WF | Woori Financial Group | PairCorr |
| 0.34 | KEY-PI | KeyCorp | PairCorr |
The ability to find closely correlated positions to Tompkins Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tompkins Financial 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 Tompkins Financial - 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 Tompkins Financial to buy it.
The correlation of Tompkins Financial 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 Tompkins Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tompkins Financial 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 Tompkins Financial 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.Additional Tools for Tompkins Stock Analysis
When running Tompkins Financial's price analysis, check to measure Tompkins Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tompkins Financial is operating at the current time. Most of Tompkins Financial's value examination focuses on studying past and present price action to predict the probability of Tompkins Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tompkins Financial's price. Additionally, you may evaluate how the addition of Tompkins Financial to your portfolios can decrease your overall portfolio volatility.