Shore Bancshares Stock Price on May 11, 2023

SHBI Stock  USD 15.68  0.17  1.07%   
Below is the normalized historical share price chart for Shore Bancshares extending back to April 09, 2001. 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 Shore Bancshares stands at 15.68, as last reported on the 30th of December, with the highest price reaching 16.16 and the lowest price hitting 15.68 during the day.
IPO Date
22nd of March 2001
200 Day MA
13.1218
50 Day MA
15.913
Beta
0.939
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shore Stock, it is important to understand the factors that can impact its price. Shore Bancshares appears to be not too volatile, given 3 months investment horizon. Shore Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shore Bancshares, which you can use to evaluate the volatility of the company. Please review Shore Bancshares' Risk Adjusted Performance of 0.0928, coefficient of variation of 922.98, and Semi Deviation of 1.41 to confirm if our risk estimates are consistent with your expectations.
  
As of now, Shore Bancshares' Other Stockholder Equity is increasing as compared to previous years. The Shore Bancshares' current Common Stock is estimated to increase to about 348.6 K, while Common Stock Total Equity is projected to decrease to under 88.2 K. . As of now, Shore Bancshares' Price To Book Ratio is increasing as compared to previous years. The Shore Bancshares' current Price Sales Ratio is estimated to increase to 5.48, while Price Earnings To Growth Ratio is projected to decrease to (0.48). Shore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1264

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Estimated Market Risk

 2.22
  actual daily
19
81% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Shore Bancshares is performing at about 9% 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 Shore Bancshares by adding it to a well-diversified portfolio.
Price Book
0.9905
Price Sales
2.7363
Shares Float
26.9 M
Dividend Share
0.48
Wall Street Target Price
19

Related Headline

Citizens Holding Headline on 11th of May 2023

Family Behind First Citizens Adds 1 Billion to Wealth Since SVB Bloomberg

Shore Bancshares Valuation on May 11, 2023

It is possible to determine the worth of Shore Bancshares on a given historical date. On May 11, 2023 Shore was worth 10.28 at the beginning of the trading date compared to the closed value of 10.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shore Bancshares stock. Still, in general, we apply an absolute valuation method to find Shore Bancshares' 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 Shore Bancshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shore Bancshares' related companies.
 Open High Low Close Volume
  10.66    10.94    10.29    10.37    51,120  
05/11/2023
  10.28    10.55    10.13    10.18    83,027  
  10.20    10.26    10.04    10.15    82,458  
Backtest Shore Bancshares  |  Shore Bancshares History  |  Shore Bancshares Valuation   PreviousNext  
Open Value
10.28
10.18
Closing Value
16.95
Upside

Shore Bancshares Trading Date Momentum on May 11, 2023

On May 12 2023 Shore Bancshares was traded for  10.15  at the closing time. The top price for the day was 10.26  and the lowest listed price was  10.04 . The trading volume for the day was 82.5 K. The trading history from May 12, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.29% . The trading price change against the current closing price is 7.86% .

Shore Bancshares Fundamentals Correlations and Trends

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

About Shore Bancshares Stock history

Shore Bancshares 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 Shore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shore Bancshares 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 Shore Bancshares stock prices may prove useful in developing a viable investing in Shore Bancshares
Last ReportedProjected for Next Year
Common Stock Shares Outstanding26.6 M27.9 M
Net Income Applicable To Common Shares35.9 M37.6 M

Shore Bancshares Stock Technical Analysis

Shore Bancshares 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 Shore Bancshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shore Bancshares 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

Shore Bancshares Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shore Bancshares 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.

Shore Bancshares December 30, 2024 Market Strength

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

Shore Bancshares Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shore Bancshares' price direction in advance. Along with the technical and fundamental analysis of Shore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shore 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 Shore Stock analysis

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