Fncb Bancorp Stock Market Value
FNCB Stock | USD 6.07 0.17 2.88% |
Symbol | FNCB |
FNCB Bancorp Price To Book Ratio
Is FNCB 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 FNCB Bancorp. If investors know FNCB 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 FNCB 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 (0.29) | Dividend Share 0.36 | Earnings Share 0.66 | Revenue Per Share 2.668 | Quarterly Revenue Growth (0.05) |
The market value of FNCB Bancorp is measured differently than its book value, which is the value of FNCB that is recorded on the company's balance sheet. Investors also form their own opinion of FNCB Bancorp's value that differs from its market value or its book value, called intrinsic value, which is FNCB 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 FNCB Bancorp's market value can be influenced by many factors that don't directly affect FNCB 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 FNCB Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FNCB Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FNCB 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.
FNCB 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 FNCB 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 FNCB Bancorp.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in FNCB Bancorp on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding FNCB Bancorp or generate 0.0% return on investment in FNCB Bancorp over 720 days. FNCB Bancorp is related to or competes with Regions Financial, and Regions Financial. FNCB Bancorp, Inc. operates as the bank holding company for FNCB Bank that provides retail and commercial banking servic... More
FNCB 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 FNCB 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 FNCB Bancorp upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.09) | |||
Maximum Drawdown | 13.18 | |||
Value At Risk | (4.19) | |||
Potential Upside | 4.97 |
FNCB Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FNCB Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FNCB Bancorp's standard deviation. In reality, there are many statistical measures that can use FNCB Bancorp historical prices to predict the future FNCB Bancorp's volatility.Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.80) | |||
Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FNCB 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.
FNCB Bancorp Backtested Returns
FNCB Bancorp retains Efficiency (Sharpe Ratio) of -0.0399, which denotes the company had a -0.0399% return per unit of risk over the last 3 months. FNCB Bancorp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FNCB Bancorp's Variance of 8.95, standard deviation of 2.99, and Market Risk Adjusted Performance of (0.08) to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.38, 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, FNCB Bancorp will likely underperform. FNCB Bancorp has an expected return of -0.12%. Please make sure to confirm FNCB Bancorp coefficient of variation, total risk alpha, skewness, as well as the relationship between the information ratio and maximum drawdown , to decide if FNCB Bancorp performance from the past will be repeated in the future.
Auto-correlation | 0.29 |
Poor predictability
FNCB Bancorp has poor predictability. Overlapping area represents the amount of predictability between FNCB Bancorp time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 FNCB Bancorp price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current FNCB Bancorp price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.29 | |
Spearman Rank Test | -0.04 | |
Residual Average | 0.0 | |
Price Variance | 0.13 |
FNCB Bancorp lagged returns against current returns
Autocorrelation, which is FNCB 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 FNCB Bancorp's stock expected returns. We can calculate the autocorrelation of FNCB Bancorp returns to help us make a trade decision. For example, suppose you find that FNCB 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 |
FNCB 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 FNCB Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FNCB Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FNCB Bancorp stock over time.
Current vs Lagged Prices |
Timeline |
FNCB Bancorp Lagged Returns
When evaluating FNCB Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FNCB Bancorp stock have on its future price. FNCB 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, FNCB Bancorp autocorrelation shows the relationship between FNCB Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in FNCB Bancorp.
Regressed Prices |
Timeline |
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Try AI Portfolio ArchitectCheck out FNCB Bancorp Correlation, FNCB Bancorp Volatility and FNCB Bancorp Alpha and Beta module to complement your research on FNCB Bancorp. For information on how to trade FNCB Stock refer to our How to Trade FNCB Stock guide.Note that the FNCB Bancorp information on this page should be used as a complementary analysis to other FNCB 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 Stocks Directory module to find actively traded stocks across global markets.
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When running FNCB Bancorp's price analysis, check to measure FNCB 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 FNCB Bancorp is operating at the current time. Most of FNCB Bancorp's value examination focuses on studying past and present price action to predict the probability of FNCB 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 FNCB Bancorp's price. Additionally, you may evaluate how the addition of FNCB Bancorp to your portfolios can decrease your overall portfolio volatility.
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