Acnb Corporation Stock Market Value
| ACNB Stock | USD 31.52 2.40 7.08% |
| Symbol | ACNB |
ACNB Price To Book Ratio
Is ACNB'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 ACNB. If investors know ACNB 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 ACNB 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 (0.25) | Dividend Share 1.16 | Earnings Share 3.45 | Revenue Per Share 12.278 | Quarterly Revenue Growth (0.06) |
The market value of ACNB is measured differently than its book value, which is the value of ACNB that is recorded on the company's balance sheet. Investors also form their own opinion of ACNB's value that differs from its market value or its book value, called intrinsic value, which is ACNB'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 ACNB's market value can be influenced by many factors that don't directly affect ACNB'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 ACNB's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACNB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACNB'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.
ACNB '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 ACNB'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 ACNB.
| 04/21/2024 |
| 05/21/2024 |
If you would invest 0.00 in ACNB on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding ACNB Corporation or generate 0.0% return on investment in ACNB over 30 days. ACNB is related to or competes with Bankwell Financial, Codorus Valley, Ames National, and Chemung Financial. ACNB Corporation, a financial holding company, provides banking, insurance, and financial services to individual, busine... More
ACNB 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 ACNB'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 ACNB Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.58 | |||
| Value At Risk | (3.99) | |||
| Potential Upside | 4.47 |
ACNB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACNB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACNB's standard deviation. In reality, there are many statistical measures that can use ACNB historical prices to predict the future ACNB's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ACNB'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.
ACNB Backtested Returns
ACNB secures Sharpe Ratio (or Efficiency) of -0.0654, which signifies that the company had a -0.0654% return per unit of return volatility over the last 3 months. ACNB Corporation exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ACNB's Standard Deviation of 2.62, mean deviation of 2.03, and Variance of 6.88 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.27, which signifies 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, ACNB will likely underperform. ACNB has an expected return of -0.17%. Please make sure to confirm ACNB treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if ACNB performance from the past will be repeated in the future.
Auto-correlation | -0.48 |
Modest reverse predictability
ACNB Corporation has modest reverse predictability. Overlapping area represents the amount of predictability between ACNB time series from 21st of April 2024 to 6th of May 2024 and 6th of May 2024 to 21st of May 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 ACNB price movement. The serial correlation of -0.48 indicates that about 48.0% of current ACNB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
ACNB lagged returns against current returns
Autocorrelation, which is ACNB 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 ACNB's stock expected returns. We can calculate the autocorrelation of ACNB returns to help us make a trade decision. For example, suppose you find that ACNB 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 |
ACNB 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 ACNB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACNB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACNB stock over time.
Current vs Lagged Prices |
| Timeline |
ACNB Lagged Returns
When evaluating ACNB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACNB stock have on its future price. ACNB 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, ACNB autocorrelation shows the relationship between ACNB stock current value and its past values and can show if there is a momentum factor associated with investing in ACNB Corporation.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ACNB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACNB'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 Acnb Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acnb Corporation Stock:Check out ACNB Correlation, ACNB Volatility and ACNB Alpha and Beta module to complement your research on ACNB. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for ACNB Stock analysis
When running ACNB's price analysis, check to measure ACNB'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 ACNB is operating at the current time. Most of ACNB's value examination focuses on studying past and present price action to predict the probability of ACNB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACNB's price. Additionally, you may evaluate how the addition of ACNB to your portfolios can decrease your overall portfolio volatility.
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ACNB 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.