Essa Bancorp Stock Price on December 31, 2023

ESSA Stock  USD 20.48  0.29  1.44%   
Below is the normalized historical share price chart for ESSA Bancorp extending back to April 04, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ESSA Bancorp stands at 20.48, as last reported on the 28th of November, with the highest price reaching 20.59 and the lowest price hitting 20.48 during the day.
IPO Date
4th of April 2007
200 Day MA
18.0192
50 Day MA
19.3394
Beta
0.38
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ESSA Stock, it is important to understand the factors that can impact its price. ESSA Bancorp appears to be not too volatile, given 3 months investment horizon. ESSA Bancorp secures Sharpe Ratio (or Efficiency) of 0.0867, which denotes the company had a 0.0867% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for ESSA Bancorp, which you can use to evaluate the volatility of the firm. Please utilize ESSA Bancorp's Market Risk Adjusted Performance of 0.1773, downside deviation of 2.83, and Mean Deviation of 1.63 to check if our risk estimates are consistent with your expectations.
  
At present, ESSA Bancorp's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 1.1 M, whereas Total Stockholder Equity is forecasted to decline to about 173.8 M. . At present, ESSA Bancorp's Price To Sales Ratio is projected to increase based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 42.31, whereas Price Earnings To Growth Ratio is projected to grow to (1.51). ESSA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0867

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Estimated Market Risk

 2.36
  actual daily
21
79% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average ESSA Bancorp is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ESSA Bancorp by adding it to a well-diversified portfolio.
Price Book
0.8877
Price Sales
3.03
Shares Float
6.7 M
Dividend Share
0.6
Wall Street Target Price
19

ESSA Bancorp Main Headline on 29th of December 2023

ESSA Bancorp dividend paid on 29th of December 2023

ESSA Bancorp Valuation on December 31, 2023

It is possible to determine the worth of ESSA Bancorp on a given historical date. On December 31, 2023 ESSA was worth 19.89 at the beginning of the trading date compared to the closed value of 19.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ESSA Bancorp stock. Still, in general, we apply an absolute valuation method to find ESSA Bancorp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ESSA Bancorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ESSA Bancorp's related companies.
 Open High Low Close Volume
  19.51    19.99    19.50    19.72    19,308  
12/29/2023
  19.89    19.99    19.52    19.52    9,671  
  19.11    19.99    19.11    19.96    36,262  
Backtest ESSA Bancorp  |  ESSA Bancorp History  |  ESSA Bancorp Valuation   PreviousNext  
Open Value
19.89
19.52
Closing Value
26.96
Upside

ESSA Bancorp Trading Date Momentum on December 31, 2023

On January 02 2024 ESSA Bancorp was traded for  19.96  at the closing time. The top price for the day was 19.99  and the lowest listed price was  19.11 . The trading volume for the day was 36.3 K. The trading history from January 2, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 2.25% . The overall trading delta against the current closing price is 0.15% .

ESSA Bancorp Fundamentals Correlations and Trends

By evaluating ESSA Bancorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ESSA Bancorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ESSA financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ESSA Bancorp Stock history

ESSA Bancorp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ESSA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ESSA Bancorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ESSA Bancorp stock prices may prove useful in developing a viable investing in ESSA Bancorp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding9.5 M10.1 M
Net Income Applicable To Common Shares23.1 M24.2 M

ESSA Bancorp Stock Technical Analysis

ESSA 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.
A focus of ESSA Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ESSA Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ESSA Bancorp Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ESSA Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ESSA Bancorp November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how ESSA Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ESSA Bancorp shares will generate the highest return on investment. By undertsting and applying ESSA Bancorp stock market strength indicators, traders can identify ESSA Bancorp entry and exit signals to maximize returns

ESSA Bancorp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ESSA Bancorp's price direction in advance. Along with the technical and fundamental analysis of ESSA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ESSA to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for ESSA Stock analysis

When running ESSA Bancorp's price analysis, check to measure ESSA Bancorp'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 ESSA Bancorp is operating at the current time. Most of ESSA Bancorp's value examination focuses on studying past and present price action to predict the probability of ESSA Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESSA Bancorp's price. Additionally, you may evaluate how the addition of ESSA Bancorp to your portfolios can decrease your overall portfolio volatility.
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