Business First Bancshares Stock Market Value
| BFST Stock | USD 28.50 0.22 0.77% |
| Symbol | Business |
Business First 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 Business First. If investors know Business 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 Business First 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 (0.14) | Dividend Share 0.56 | Earnings Share 2.32 | Revenue Per Share 9.916 | Quarterly Revenue Growth 0.018 |
The market value of Business First Bancshares is measured differently than its book value, which is the value of Business that is recorded on the company's balance sheet. Investors also form their own opinion of Business First's value that differs from its market value or its book value, called intrinsic value, which is Business First'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 Business First's market value can be influenced by many factors that don't directly affect Business First'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 Business First's value and its price as these two are different measures arrived at by different means. Investors typically determine if Business First is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Business First'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.
Business First '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 Business First'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 Business First.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Business First on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Business First Bancshares or generate 0.0% return on investment in Business First over 30 days. Business First is related to or competes with First Community, Community West, First Financial, First Northwest, Home Federal, First Capital, and Investar Holding. Business First Bancshares, Inc. operates as the bank holding company for b1BANK that provides various banking products a... More
Business First 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 Business First'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 Business First Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.0722 | |||
| Maximum Drawdown | 17.85 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 3.11 |
Business First Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Business First's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Business First's standard deviation. In reality, there are many statistical measures that can use Business First historical prices to predict the future Business First's volatility.| Risk Adjusted Performance | 0.1016 | |||
| Jensen Alpha | 0.0453 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.092 | |||
| Treynor Ratio | 0.1366 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Business First's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Business First Bancshares Backtested Returns
Business First appears to be not too volatile, given 3 months investment horizon. Business First Bancshares secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Business First Bancshares, which you can use to evaluate the volatility of the firm. Please makes use of Business First's Risk Adjusted Performance of 0.1016, downside deviation of 1.91, and Mean Deviation of 1.6 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Business First holds a performance score of 9. The firm shows a Beta (market volatility) of 2.13, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Business First will likely underperform. Please check Business First's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Business First's price patterns will revert.
Auto-correlation | 0.68 |
Good predictability
Business First Bancshares has good predictability. Overlapping area represents the amount of predictability between Business First time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Business First Bancshares price movement. The serial correlation of 0.68 indicates that around 68.0% of current Business First price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Business First Bancshares lagged returns against current returns
Autocorrelation, which is Business First 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 Business First's stock expected returns. We can calculate the autocorrelation of Business First returns to help us make a trade decision. For example, suppose you find that Business First 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 |
Business First 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 Business First stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Business First stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Business First stock over time.
Current vs Lagged Prices |
| Timeline |
Business First Lagged Returns
When evaluating Business First's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Business First stock have on its future price. Business First 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, Business First autocorrelation shows the relationship between Business First stock current value and its past values and can show if there is a momentum factor associated with investing in Business First Bancshares.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Business Stock Analysis
When running Business First's price analysis, check to measure Business First'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 Business First is operating at the current time. Most of Business First's value examination focuses on studying past and present price action to predict the probability of Business First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Business First's price. Additionally, you may evaluate how the addition of Business First to your portfolios can decrease your overall portfolio volatility.