Dime Community Bancshares Stock Market Value
| DCOM Stock | USD 35.88 0.02 0.06% |
| Symbol | Dime |
Dime Community 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 Dime Community. If investors know Dime 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 Dime Community 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 1 | Earnings Share 1.5 | Revenue Per Share 8.193 | Quarterly Revenue Growth (0.08) |
The market value of Dime Community Bancshares is measured differently than its book value, which is the value of Dime that is recorded on the company's balance sheet. Investors also form their own opinion of Dime Community's value that differs from its market value or its book value, called intrinsic value, which is Dime Community'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 Dime Community's market value can be influenced by many factors that don't directly affect Dime Community'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 Dime Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dime Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dime Community'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.
Dime Community '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 Dime Community'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 Dime Community.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Dime Community on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Dime Community Bancshares or generate 0.0% return on investment in Dime Community over 30 days. Dime Community is related to or competes with Peapack Gladstone, Northfield Bancorp, Great Southern, Heritage Financial, Byline Bancorp, Bogota Financial, and Blue Foundry. Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial... More
Dime Community 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 Dime Community'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 Dime Community Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.1435 | |||
| Maximum Drawdown | 19.6 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 4.72 |
Dime Community Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dime Community's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dime Community's standard deviation. In reality, there are many statistical measures that can use Dime Community historical prices to predict the future Dime Community's volatility.| Risk Adjusted Performance | 0.1512 | |||
| Jensen Alpha | 0.2568 | |||
| Total Risk Alpha | 0.0551 | |||
| Sortino Ratio | 0.2068 | |||
| Treynor Ratio | 0.2313 |
Dime Community Bancshares Backtested Returns
Dime Community appears to be not too volatile, given 3 months investment horizon. Dime Community Bancshares secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of risk over the last 3 months. By reviewing Dime Community's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Dime Community's Coefficient Of Variation of 532.16, downside deviation of 2.15, and Mean Deviation of 2.02 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dime Community holds a performance score of 14. The firm shows a Beta (market volatility) of 2.48, which means 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, Dime Community will likely underperform. Please check Dime Community's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Dime Community's price patterns will revert.
Auto-correlation | 0.43 |
Average predictability
Dime Community Bancshares has average predictability. Overlapping area represents the amount of predictability between Dime Community time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Dime Community Bancshares price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Dime Community price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Dime Community Bancshares lagged returns against current returns
Autocorrelation, which is Dime Community 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 Dime Community's stock expected returns. We can calculate the autocorrelation of Dime Community returns to help us make a trade decision. For example, suppose you find that Dime Community 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 |
Dime Community 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 Dime Community stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dime Community stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dime Community stock over time.
Current vs Lagged Prices |
| Timeline |
Dime Community Lagged Returns
When evaluating Dime Community's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dime Community stock have on its future price. Dime Community 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, Dime Community autocorrelation shows the relationship between Dime Community stock current value and its past values and can show if there is a momentum factor associated with investing in Dime Community Bancshares.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Dime Community Correlation, Dime Community Volatility and Dime Community Alpha and Beta module to complement your research on Dime Community. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Dime Community 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.