Affinity Bancshares Stock Market Value
| AFBI Stock | USD 21.79 0.04 0.18% |
| Symbol | Affinity |
Affinity Bancshares Price To Book Ratio
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Affinity Bancshares. If investors know Affinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Affinity Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.04 | Earnings Share 0.85 | Revenue Per Share 4.772 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0065 |
The market value of Affinity Bancshares is measured differently than its book value, which is the value of Affinity that is recorded on the company's balance sheet. Investors also form their own opinion of Affinity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Affinity Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Affinity Bancshares' market value can be influenced by many factors that don't directly affect Affinity Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Affinity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affinity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affinity Bancshares' 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.
Affinity Bancshares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Affinity Bancshares' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Affinity Bancshares.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Affinity Bancshares on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Affinity Bancshares or generate 0.0% return on investment in Affinity Bancshares over 30 days. Affinity Bancshares is related to or competes with Home Federal, Magyar Bancorp, and Community West. Affinity Bancshares, Inc. operates as the holding company for Affinity Bank that provides various banking products and s... More
Affinity Bancshares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Affinity Bancshares' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Affinity Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5771 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.44 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.7925 |
Affinity Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Affinity Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Affinity Bancshares' standard deviation. In reality, there are many statistical measures that can use Affinity Bancshares historical prices to predict the future Affinity Bancshares' volatility.| Risk Adjusted Performance | 0.0254 | |||
| Jensen Alpha | 0.0311 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (0.08) |
Affinity Bancshares Backtested Returns
Affinity Bancshares is very steady at the moment. Affinity Bancshares secures Sharpe Ratio (or Efficiency) of 0.0398, which signifies that the company had a 0.0398% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Affinity Bancshares, which you can use to evaluate the volatility of the firm. Please confirm Affinity Bancshares' mean deviation of 0.3887, and Risk Adjusted Performance of 0.0254 to double-check if the risk estimate we provide is consistent with the expected return of 0.0242%. Affinity Bancshares has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Affinity Bancshares are expected to decrease at a much lower rate. During the bear market, Affinity Bancshares is likely to outperform the market. Affinity Bancshares right now shows a risk of 0.61%. Please confirm Affinity Bancshares treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Affinity Bancshares will be following its price patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Affinity Bancshares has insignificant reverse predictability. Overlapping area represents the amount of predictability between Affinity Bancshares time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Affinity Bancshares price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Affinity Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Affinity Bancshares lagged returns against current returns
Autocorrelation, which is Affinity Bancshares stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Affinity Bancshares' stock expected returns. We can calculate the autocorrelation of Affinity Bancshares returns to help us make a trade decision. For example, suppose you find that Affinity Bancshares has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Affinity Bancshares regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Affinity Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Affinity Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Affinity Bancshares stock over time.
Current vs Lagged Prices |
| Timeline |
Affinity Bancshares Lagged Returns
When evaluating Affinity Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Affinity Bancshares stock have on its future price. Affinity Bancshares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Affinity Bancshares autocorrelation shows the relationship between Affinity Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in Affinity Bancshares.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Affinity Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Affinity Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Affinity Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Affinity Bancshares Stock:Check out Affinity Bancshares Correlation, Affinity Bancshares Volatility and Affinity Bancshares Alpha and Beta module to complement your research on Affinity Bancshares. For more detail on how to invest in Affinity Stock please use our How to Invest in Affinity Bancshares guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Affinity 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.