Eagle Bancorp Stock Market Value
| EGBN Stock | USD 21.31 0.02 0.09% |
| Symbol | Eagle |
Eagle Bancorp Price To Book Ratio
Is Eagle 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 Eagle Bancorp. If investors know Eagle 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 Eagle Bancorp 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 (0.49) | Dividend Share 1.8 | Earnings Share 3.31 | Revenue Per Share 9.254 | Quarterly Revenue Growth (0.32) |
The market value of Eagle Bancorp is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Eagle 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 Eagle Bancorp's market value can be influenced by many factors that don't directly affect Eagle 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 Eagle Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle 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.
Eagle 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 Eagle 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 Eagle Bancorp.
| 04/26/2022 |
| 04/15/2024 |
If you would invest 0.00 in Eagle Bancorp on April 26, 2022 and sell it all today you would earn a total of 0.00 from holding Eagle Bancorp or generate 0.0% return on investment in Eagle Bancorp over 720 days. Eagle Bancorp is related to or competes with Home Bancorp, and Northfield Bancorp. Eagle Bancorp, Inc. operates as the bank holding company for EagleBank that provides commercial and consumer banking ser... More
Eagle 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 Eagle 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 Eagle Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 12.55 | |||
| Value At Risk | (4.57) | |||
| Potential Upside | 3.37 |
Eagle Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Bancorp's standard deviation. In reality, there are many statistical measures that can use Eagle Bancorp historical prices to predict the future Eagle Bancorp's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle 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.
Eagle Bancorp Backtested Returns
Eagle Bancorp secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Eagle Bancorp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eagle Bancorp's Standard Deviation of 2.62, mean deviation of 1.98, and Variance of 6.88 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.98, 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, Eagle Bancorp will likely underperform. Eagle Bancorp has an expected return of -0.33%. Please make sure to confirm Eagle Bancorp potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Eagle Bancorp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Eagle Bancorp has virtually no predictability. Overlapping area represents the amount of predictability between Eagle Bancorp time series from 26th of April 2022 to 21st of April 2023 and 21st of April 2023 to 15th 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 Eagle Bancorp price movement. The serial correlation of 0.01 indicates that just 1.0% of current Eagle Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 9.83 |
Eagle Bancorp lagged returns against current returns
Autocorrelation, which is Eagle 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 Eagle Bancorp's stock expected returns. We can calculate the autocorrelation of Eagle Bancorp returns to help us make a trade decision. For example, suppose you find that Eagle 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 |
Eagle 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 Eagle Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
Eagle Bancorp Lagged Returns
When evaluating Eagle Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Bancorp stock have on its future price. Eagle 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, Eagle Bancorp autocorrelation shows the relationship between Eagle Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Eagle Bancorp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eagle Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eagle Bancorp's short interest history, or implied volatility extrapolated from Eagle Bancorp options trading.
Pair Trading with Eagle 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 Eagle 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 Eagle Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Eagle Stock
| 0.72 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.95 | BY | Byline Bancorp Report 25th of April 2024 | PairCorr |
| 0.72 | PB | Prosperity Bancshares Report 24th of April 2024 | PairCorr |
Moving against Eagle Stock
| 0.87 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
| 0.84 | WF | Woori Financial Group Earnings Call This Week | PairCorr |
| 0.81 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.77 | TECTP | Tectonic Financial | PairCorr |
| 0.73 | TFC-PI | Truist Financial | PairCorr |
The ability to find closely correlated positions to Eagle 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 Eagle 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 Eagle 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 Eagle Bancorp to buy it.
The correlation of Eagle 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 Eagle Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle 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 Eagle 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 Eagle Bancorp Correlation, Eagle Bancorp Volatility and Eagle Bancorp Alpha and Beta module to complement your research on Eagle Bancorp. To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Bancorp guide.Note that the Eagle Bancorp information on this page should be used as a complementary analysis to other Eagle Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Eagle Stock analysis
When running Eagle Bancorp's price analysis, check to measure Eagle 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 Eagle Bancorp is operating at the current time. Most of Eagle Bancorp's value examination focuses on studying past and present price action to predict the probability of Eagle 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 Eagle Bancorp's price. Additionally, you may evaluate how the addition of Eagle Bancorp to your portfolios can decrease your overall portfolio volatility.
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Eagle 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.