Richmond Mutual Bancorporation Stock Market Value
| RMBI Stock | USD 12.34 0.12 0.98% |
| Symbol | Richmond |
Richmond Mutual Banc 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 Richmond Mutual. If investors know Richmond 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 Richmond Mutual 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 0.269 | Dividend Share 0.56 | Earnings Share 0.92 | Revenue Per Share | Quarterly Revenue Growth 0.064 |
The market value of Richmond Mutual Banc is measured differently than its book value, which is the value of Richmond that is recorded on the company's balance sheet. Investors also form their own opinion of Richmond Mutual's value that differs from its market value or its book value, called intrinsic value, which is Richmond Mutual'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 Richmond Mutual's market value can be influenced by many factors that don't directly affect Richmond Mutual'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 Richmond Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Richmond Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richmond Mutual'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.
Richmond Mutual '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 Richmond Mutual'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 Richmond Mutual.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Richmond Mutual on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Richmond Mutual Bancorporation or generate 0.0% return on investment in Richmond Mutual over 90 days. Richmond Mutual is related to or competes with Rhinebeck Bancorp, Magyar Bancorp, Community West, First Financial, Home Federal, Lake Shore, and Oak Valley. Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking... More
Richmond Mutual 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 Richmond Mutual'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 Richmond Mutual Bancorporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.31 | |||
| Value At Risk | (4.19) | |||
| Potential Upside | 2.6 |
Richmond Mutual Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Richmond Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Richmond Mutual's standard deviation. In reality, there are many statistical measures that can use Richmond Mutual historical prices to predict the future Richmond Mutual's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | 0.0692 | |||
| Treynor Ratio | (2.77) |
Richmond Mutual Banc Backtested Returns
Richmond Mutual Banc maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12 % return per unit of risk over the last 3 months. Richmond Mutual Banc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Richmond Mutual's Variance of 3.82, coefficient of variation of (781.22), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The company holds a Beta of 0.0939, which implies not very significant fluctuations relative to the market. As returns on the market increase, Richmond Mutual's returns are expected to increase less than the market. However, during the bear market, the loss of holding Richmond Mutual is expected to be smaller as well. At this point, Richmond Mutual Banc has a negative expected return of -0.25%. Please make sure to check Richmond Mutual's potential upside, and the relationship between the jensen alpha and daily balance of power , to decide if Richmond Mutual Banc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Richmond Mutual Bancorporation has below average predictability. Overlapping area represents the amount of predictability between Richmond Mutual 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 Richmond Mutual Banc price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Richmond Mutual price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
Richmond Mutual Banc lagged returns against current returns
Autocorrelation, which is Richmond Mutual 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 Richmond Mutual's stock expected returns. We can calculate the autocorrelation of Richmond Mutual returns to help us make a trade decision. For example, suppose you find that Richmond Mutual 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 |
Richmond Mutual 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 Richmond Mutual stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Richmond Mutual stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Richmond Mutual stock over time.
Current vs Lagged Prices |
| Timeline |
Richmond Mutual Lagged Returns
When evaluating Richmond Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Richmond Mutual stock have on its future price. Richmond Mutual 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, Richmond Mutual autocorrelation shows the relationship between Richmond Mutual stock current value and its past values and can show if there is a momentum factor associated with investing in Richmond Mutual Bancorporation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Richmond Mutual Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Richmond Mutual'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 Richmond Mutual Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Richmond Mutual Bancorporation Stock:Check out Richmond Mutual Correlation, Richmond Mutual Volatility and Richmond Mutual Alpha and Beta module to complement your research on Richmond Mutual. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Richmond Mutual 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.