Tompkins Financial Stock Market Value
| TMP Stock | USD 68.77 4.87 6.61% |
| Symbol | Tompkins |
Tompkins Financial 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 Tompkins Financial. If investors know Tompkins 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 Tompkins Financial 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 0.864 | Dividend Share 2.42 | Earnings Share 4.64 | Revenue Per Share 20.154 | Quarterly Revenue Growth 8.031 |
The market value of Tompkins Financial is measured differently than its book value, which is the value of Tompkins that is recorded on the company's balance sheet. Investors also form their own opinion of Tompkins Financial's value that differs from its market value or its book value, called intrinsic value, which is Tompkins Financial'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 Tompkins Financial's market value can be influenced by many factors that don't directly affect Tompkins Financial'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 Tompkins Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tompkins Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tompkins Financial'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.
Tompkins Financial '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 Tompkins Financial'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 Tompkins Financial.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Tompkins Financial on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Tompkins Financial or generate 0.0% return on investment in Tompkins Financial over 30 days. Tompkins Financial is related to or competes with Penns Woods, 1st Source, Great Southern, Waterstone Financial, Home Federal, Community West, and Southern Missouri. Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust an... More
Tompkins Financial 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 Tompkins Financial'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 Tompkins Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.0752 | |||
| Maximum Drawdown | 23.95 | |||
| Value At Risk | (5.01) | |||
| Potential Upside | 4.76 |
Tompkins Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tompkins Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tompkins Financial's standard deviation. In reality, there are many statistical measures that can use Tompkins Financial historical prices to predict the future Tompkins Financial's volatility.| Risk Adjusted Performance | 0.0742 | |||
| Jensen Alpha | 0.219 | |||
| Total Risk Alpha | 0.1939 | |||
| Sortino Ratio | 0.0986 | |||
| Treynor Ratio | 0.0924 |
Tompkins Financial Backtested Returns
Tompkins Financial appears to be very steady, given 3 months investment horizon. Tompkins Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.094, which indicates the firm had a 0.094% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tompkins Financial, which you can use to evaluate the volatility of the company. Please review Tompkins Financial's Coefficient Of Variation of 1194.78, semi deviation of 2.42, and Risk Adjusted Performance of 0.0742 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tompkins Financial holds a performance score of 7. The entity has a beta of 2.99, which indicates 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, Tompkins Financial will likely underperform. Please check Tompkins Financial's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Tompkins Financial's existing price patterns will revert.
Auto-correlation | -0.46 |
Modest reverse predictability
Tompkins Financial has modest reverse predictability. Overlapping area represents the amount of predictability between Tompkins Financial time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Tompkins Financial price movement. The serial correlation of -0.46 indicates that about 46.0% of current Tompkins Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 5.6 |
Tompkins Financial lagged returns against current returns
Autocorrelation, which is Tompkins Financial 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 Tompkins Financial's stock expected returns. We can calculate the autocorrelation of Tompkins Financial returns to help us make a trade decision. For example, suppose you find that Tompkins Financial 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 |
Tompkins Financial 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 Tompkins Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tompkins Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tompkins Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Tompkins Financial Lagged Returns
When evaluating Tompkins Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tompkins Financial stock have on its future price. Tompkins Financial 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, Tompkins Financial autocorrelation shows the relationship between Tompkins Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Tompkins Financial.
Regressed Prices |
| Timeline |
Pair Trading with Tompkins Financial
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 Tompkins Financial 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 Tompkins Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Tompkins Stock
| 0.93 | AX | Axos Financial | PairCorr |
| 0.92 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.93 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Tompkins Stock
| 0.85 | CFG-PE | Citizens Financial | PairCorr |
| 0.78 | TFC-PR | Truist Financial | PairCorr |
| 0.73 | TFC-PO | Truist Financial | PairCorr |
| 0.54 | WF | Woori Financial Group | PairCorr |
| 0.34 | NU | Nu Holdings | PairCorr |
The ability to find closely correlated positions to Tompkins Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tompkins Financial 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 Tompkins Financial - 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 Tompkins Financial to buy it.
The correlation of Tompkins Financial 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 Tompkins Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tompkins Financial 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 Tompkins Financial 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 Tompkins Stock Analysis
When running Tompkins Financial's price analysis, check to measure Tompkins Financial'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 Tompkins Financial is operating at the current time. Most of Tompkins Financial's value examination focuses on studying past and present price action to predict the probability of Tompkins Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tompkins Financial's price. Additionally, you may evaluate how the addition of Tompkins Financial to your portfolios can decrease your overall portfolio volatility.