Banner Stock Market Value
| BANR Stock | USD 68.14 0.57 0.84% |
| Symbol | Banner |
Banner 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 Banner. If investors know Banner 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 Banner 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 (0.02) | Dividend Share 1.92 | Earnings Share 4.78 | Revenue Per Share 17.23 | Quarterly Revenue Growth (0) |
The market value of Banner is measured differently than its book value, which is the value of Banner that is recorded on the company's balance sheet. Investors also form their own opinion of Banner's value that differs from its market value or its book value, called intrinsic value, which is Banner's 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 Banner's market value can be influenced by many factors that don't directly affect Banner's 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 Banner's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banner is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banner's 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.
Banner '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 Banner's 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 Banner.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Banner on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Banner or generate 0.0% return on investment in Banner over 30 days. Banner is related to or competes with BancFirst, City Holding, Columbia Banking, CVB Financial, and Heritage Financial. Banner Corporation operates as the bank holding company for Banner Bank that provide commercial banking and financial pr... More
Banner 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 Banner's 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 Banner upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.0694 | |||
| Maximum Drawdown | 21.09 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 3.13 |
Banner Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banner's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banner's standard deviation. In reality, there are many statistical measures that can use Banner historical prices to predict the future Banner's volatility.| Risk Adjusted Performance | 0.0782 | |||
| Jensen Alpha | 0.2158 | |||
| Total Risk Alpha | 0.0823 | |||
| Sortino Ratio | 0.091 | |||
| Treynor Ratio | 1.05 |
Banner Backtested Returns
Banner appears to be very steady, given 3 months investment horizon. Banner secures Sharpe Ratio (or Efficiency) of 0.0982, which signifies that the company had a 0.0982% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Banner, which you can use to evaluate the volatility of the firm. Please makes use of Banner's Downside Deviation of 2.0, risk adjusted performance of 0.0782, and Mean Deviation of 1.69 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Banner holds a performance score of 7. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Banner's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banner is expected to be smaller as well. Please check Banner's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Banner's price patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
Banner has poor predictability. Overlapping area represents the amount of predictability between Banner time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Banner price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Banner price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 6.88 |
Banner lagged returns against current returns
Autocorrelation, which is Banner 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 Banner's stock expected returns. We can calculate the autocorrelation of Banner returns to help us make a trade decision. For example, suppose you find that Banner 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 |
| Timeline |
Banner 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 Banner stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banner stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banner stock over time.
Current vs Lagged Prices |
| Timeline |
Banner Lagged Returns
When evaluating Banner's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banner stock have on its future price. Banner 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, Banner autocorrelation shows the relationship between Banner stock current value and its past values and can show if there is a momentum factor associated with investing in Banner.
Regressed Prices |
| Timeline |
Pair Trading with Banner
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 Banner 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 Banner will appreciate offsetting losses from the drop in the long position's value.Moving together with Banner Stock
| 0.93 | AX | Axos Financial | PairCorr |
| 0.9 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.97 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Banner Stock
| 0.63 | CFG-PE | Citizens Financial | PairCorr |
| 0.51 | TFC-PR | Truist Financial | PairCorr |
| 0.45 | TFC-PO | Truist Financial | PairCorr |
| 0.31 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Banner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banner 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 Banner - 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 Banner to buy it.
The correlation of Banner 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 Banner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banner 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 Banner 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 Banner Stock Analysis
When running Banner's price analysis, check to measure Banner'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 Banner is operating at the current time. Most of Banner's value examination focuses on studying past and present price action to predict the probability of Banner's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banner's price. Additionally, you may evaluate how the addition of Banner to your portfolios can decrease your overall portfolio volatility.