Carver Bancorp Stock Market Value
| CARV Stock | USD 1.56 0.03 1.89% |
| Symbol | Carver |
Carver Bancorp Price To Book Ratio
Is Carver Bancorp's industry 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 Carver Bancorp. If investors know Carver 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 Carver Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.98) | Revenue Per Share 5.926 | Quarterly Revenue Growth 0.262 | Return On Assets (0.01) | Return On Equity (0.10) |
The market value of Carver Bancorp is measured differently than its book value, which is the value of Carver that is recorded on the company's balance sheet. Investors also form their own opinion of Carver Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Carver 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 Carver Bancorp's market value can be influenced by many factors that don't directly affect Carver 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 Carver Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carver Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carver 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.
Carver 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 Carver 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 Carver Bancorp.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in Carver Bancorp on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding Carver Bancorp or generate 0.0% return on investment in Carver Bancorp over 720 days. Carver Bancorp is related to or competes with Community West, First Northwest, Cullman Bancorp, Investar Holding, Finward Bancorp, First Financial, and Home Federal. Carver Bancorp, Inc. operates as the holding company for Carver Federal Savings Bank that provides consumer and commerci... More
Carver 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 Carver 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 Carver Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 26.95 | |||
| Value At Risk | (8.28) | |||
| Potential Upside | 8.93 |
Carver Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carver Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carver Bancorp's standard deviation. In reality, there are many statistical measures that can use Carver Bancorp historical prices to predict the future Carver Bancorp's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | 0.8933 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carver 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.
Carver Bancorp Backtested Returns
Carver Bancorp secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Carver Bancorp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carver Bancorp's Risk Adjusted Performance of (0.03), mean deviation of 3.15, and Standard Deviation of 4.5 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Carver Bancorp are expected to decrease at a much lower rate. During the bear market, Carver Bancorp is likely to outperform the market. Carver Bancorp has an expected return of -0.46%. Please make sure to confirm Carver Bancorp total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Carver Bancorp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.86 |
Very good predictability
Carver Bancorp has very good predictability. Overlapping area represents the amount of predictability between Carver Bancorp time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th of April 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 Carver Bancorp price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Carver Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Carver Bancorp lagged returns against current returns
Autocorrelation, which is Carver 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 Carver Bancorp's stock expected returns. We can calculate the autocorrelation of Carver Bancorp returns to help us make a trade decision. For example, suppose you find that Carver 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 |
Carver 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 Carver Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carver Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carver Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
Carver Bancorp Lagged Returns
When evaluating Carver Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carver Bancorp stock have on its future price. Carver 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, Carver Bancorp autocorrelation shows the relationship between Carver Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Carver Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with Carver Bancorp
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 Carver Bancorp 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 Carver Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Carver Stock
| 0.75 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.81 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Carver Stock
| 0.7 | TECTP | Tectonic Financial | PairCorr |
| 0.67 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.63 | DB | Deutsche Bank AG Earnings Call Today | PairCorr |
| 0.62 | CFG-PD | Citizens Financial | PairCorr |
| 0.6 | KB | KB Financial Group Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Carver Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carver Bancorp 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 Carver Bancorp - 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 Carver Bancorp to buy it.
The correlation of Carver Bancorp 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 Carver Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carver Bancorp 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 Carver Bancorp 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.Check out Carver Bancorp Correlation, Carver Bancorp Volatility and Carver Bancorp Alpha and Beta module to complement your research on Carver Bancorp. For more information on how to buy Carver Stock please use our How to Invest in Carver Bancorp guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Carver Stock analysis
When running Carver Bancorp's price analysis, check to measure Carver Bancorp'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 Carver Bancorp is operating at the current time. Most of Carver Bancorp's value examination focuses on studying past and present price action to predict the probability of Carver Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carver Bancorp's price. Additionally, you may evaluate how the addition of Carver Bancorp to your portfolios can decrease your overall portfolio volatility.
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Carver 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.