Wayne Savings Bancshares Stock Fundamentals
| WAYNDelisted Stock | USD 28.41 0.00 0.00% |
Wayne Savings Bancshares fundamentals help investors to digest information that contributes to Wayne Savings' financial success or failures. It also enables traders to predict the movement of Wayne OTC Stock. The fundamental analysis module provides a way to measure Wayne Savings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Wayne Savings otc stock.
Wayne |
Wayne Savings Bancshares OTC Stock Shares Outstanding Analysis
Wayne Savings' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Wayne Savings Shares Outstanding | 2.19 M |
Most of Wayne Savings' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Wayne Savings Bancshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
CompetitionBased on the latest financial disclosure, Wayne Savings Bancshares has 2.19 M of shares currently outstending. This is 99.88% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The shares outstanding for all United States stocks is 99.62% higher than that of the company.
Wayne Savings Bancshares Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wayne Savings's current stock value. Our valuation model uses many indicators to compare Wayne Savings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wayne Savings competition to find correlations between indicators driving Wayne Savings's intrinsic value. More Info.Wayne Savings Bancshares is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.07 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Wayne Savings Bancshares is roughly 13.87 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wayne Savings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wayne Savings' OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Wayne Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wayne Savings' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Wayne Savings could also be used in its relative valuation, which is a method of valuing Wayne Savings by comparing valuation metrics of similar companies.Wayne Savings is currently under evaluation in shares outstanding category among its peers.
Wayne Fundamentals
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0132 | |||
| Profit Margin | 0.37 % | |||
| Operating Margin | 0.47 % | |||
| Current Valuation | 48.77 M | |||
| Shares Outstanding | 2.19 M | |||
| Shares Owned By Institutions | 12.35 % | |||
| Number Of Shares Shorted | 2.09 K | |||
| Price To Earning | 9.12 X | |||
| Price To Book | 1.39 X | |||
| Price To Sales | 2.49 X | |||
| Revenue | 21.86 M | |||
| Gross Profit | 24.28 M | |||
| Net Income | 7.44 M | |||
| Cash And Equivalents | 8.49 M | |||
| Cash Per Share | 3.87 X | |||
| Total Debt | 14 M | |||
| Debt To Equity | 9.87 % | |||
| Book Value Per Share | 20.40 X | |||
| Cash Flow From Operations | 8.37 M | |||
| Short Ratio | 5.33 X | |||
| Earnings Per Share | 3.61 X | |||
| Number Of Employees | 14 | |||
| Beta | 0.27 | |||
| Market Capitalization | 62.45 M | |||
| Total Asset | 636 M | |||
| Retained Earnings | 21.06 M | |||
| Z Score | 2.4 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 3.08 % | |||
| Net Asset | 636 M | |||
| Last Dividend Paid | 0.92 |
About Wayne Savings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wayne Savings Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wayne Savings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wayne Savings Bancshares based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Wayne Savings Bancshares, Inc. operates as the holding company for Wayne Savings Community Bank that provides personal and business banking products and services to individuals, businesses, and other organizations. Wayne Savings Bancshares, Inc. was founded in 1899 and is based in Wooster, Ohio. Wayne Savings operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Pair Trading with Wayne Savings
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 Wayne Savings 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 Wayne Savings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Wayne Savings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wayne Savings 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 Wayne Savings - 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 Wayne Savings Bancshares to buy it.
The correlation of Wayne Savings 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 Wayne Savings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wayne Savings Bancshares 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 Wayne Savings 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.Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Wayne OTC Stock
If you are still planning to invest in Wayne Savings Bancshares check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Wayne Savings' history and understand the potential risks before investing.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |