Nbt Bancorp Stock Market Value
| NBTB Stock | USD 43.26 0.75 1.76% |
| Symbol | NBT |
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 NBT Bancorp. If investors know NBT 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 NBT Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NBT Bancorp is measured differently than its book value, which is the value of NBT that is recorded on the company's balance sheet. Investors also form their own opinion of NBT Bancorp's value that differs from its market value or its book value, called intrinsic value, which is NBT Bancorp'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 NBT Bancorp's market value can be influenced by many factors that don't directly affect NBT Bancorp'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 NBT Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NBT Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NBT Bancorp'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.
NBT Bancorp '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 NBT Bancorp'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 NBT Bancorp.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in NBT Bancorp on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding NBT Bancorp or generate 0.0% return on investment in NBT Bancorp over 90 days. NBT Bancorp is related to or competes with Oak Valley, Home Federal, Finward Bancorp, Community West, First Financial, Northfield Bancorp, and Home Bancorp. NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management servic... More
NBT Bancorp 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 NBT Bancorp'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 NBT Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.13 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 1.76 |
NBT Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NBT Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NBT Bancorp's standard deviation. In reality, there are many statistical measures that can use NBT Bancorp historical prices to predict the future NBT Bancorp's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.93) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NBT Bancorp'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.
NBT Bancorp Backtested Returns
NBT Bancorp has Sharpe Ratio of -0.17, which conveys that the company had a -0.17 % return per unit of standard deviation over the last 3 months. NBT Bancorp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NBT Bancorp's standard deviation of 1.66, and Mean Deviation of 1.25 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NBT Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding NBT Bancorp is expected to be smaller as well. At this point, NBT Bancorp has a negative expected return of -0.29%. Please make sure to verify NBT Bancorp's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if NBT Bancorp performance from the past will be repeated at future time.
Auto-correlation | 0.24 |
Weak predictability
NBT Bancorp has weak predictability. Overlapping area represents the amount of predictability between NBT Bancorp time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NBT Bancorp price movement. The serial correlation of 0.24 indicates that over 24.0% of current NBT Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 2.19 |
NBT Bancorp lagged returns against current returns
Autocorrelation, which is NBT Bancorp 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 NBT Bancorp's stock expected returns. We can calculate the autocorrelation of NBT Bancorp returns to help us make a trade decision. For example, suppose you find that NBT Bancorp 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 |
NBT Bancorp 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 NBT Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NBT Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NBT Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
NBT Bancorp Lagged Returns
When evaluating NBT Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NBT Bancorp stock have on its future price. NBT Bancorp 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, NBT Bancorp autocorrelation shows the relationship between NBT Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in NBT Bancorp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether NBT Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NBT Bancorp's 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 Nbt Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nbt Bancorp Stock:Check out NBT Bancorp Correlation, NBT Bancorp Volatility and NBT Bancorp Alpha and Beta module to complement your research on NBT Bancorp. For information on how to trade NBT Stock refer to our How to Trade NBT Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
NBT Bancorp 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.