ECB Return On Equity from 2010 to 2024
| ECBK Stock | USD 11.61 0.08 0.69% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.02702227 | Current Value 0.0447 | Quarterly Volatility 0.01620393 |
Check ECB Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ECB main balance sheet or income statement drivers, such as Tax Provision of 1.1 M, Net Interest Income of 23.1 M or Interest Income of 33.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.81, Dividend Yield of 0.0 or PTB Ratio of 0.61. ECB financial statements analysis is a perfect complement when working with ECB Bancorp Valuation or Volatility modules.
ECB | Return On Equity |
Latest ECB Bancorp's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of ECB Bancorp over the last few years. Return on Equity is the amount of ECB Bancorp net income returned as a percentage of ECB Bancorp equity. Return on equity measures ECB Bancorp profitability by revealing how much profit ECB Bancorp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. ECB Bancorp's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ECB Bancorp's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0254 | 10 Years Trend |
|
Return On Equity |
| Timeline |
ECB Return On Equity Regression Statistics
| Arithmetic Mean | 0.06 | |
| Geometric Mean | 0.05 | |
| Coefficient Of Variation | 27.85 | |
| Mean Deviation | 0.01 | |
| Median | 0.07 | |
| Standard Deviation | 0.02 | |
| Sample Variance | 0.0003 | |
| Range | 0.0498 | |
| R-Value | (0.69) | |
| Mean Square Error | 0.0001 | |
| R-Squared | 0.47 | |
| Significance | 0 | |
| Slope | (0) | |
| Total Sum of Squares | 0 |
ECB Return On Equity History
About ECB Bancorp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ECB Bancorp income statement, its balance sheet, and the statement of cash flows. ECB Bancorp investors use historical funamental indicators, such as ECB Bancorp's Return On Equity, to determine how well the company is positioned to perform in the future. Although ECB Bancorp investors may use each financial statement separately, they are all related. The changes in ECB Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ECB Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ECB Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ECB Bancorp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.03 | 0.04 |
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 ECB 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, ECB Bancorp's short interest history, or implied volatility extrapolated from ECB Bancorp options trading.
Pair Trading with ECB 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 ECB 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 ECB Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving against ECB Stock
| 0.6 | TECTP | Tectonic Financial | PairCorr |
| 0.42 | VBFC | Village Bank | PairCorr |
| 0.42 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to ECB 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 ECB 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 ECB 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 ECB Bancorp to buy it.
The correlation of ECB 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 ECB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECB 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 ECB 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 the analysis of ECB Bancorp Correlation against competitors. For more information on how to buy ECB Stock please use our How to buy in ECB Stock guide.Note that the ECB Bancorp information on this page should be used as a complementary analysis to other ECB 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for ECB Stock analysis
When running ECB Bancorp's price analysis, check to measure ECB 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 ECB Bancorp is operating at the current time. Most of ECB Bancorp's value examination focuses on studying past and present price action to predict the probability of ECB 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 ECB Bancorp's price. Additionally, you may evaluate how the addition of ECB Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is ECB 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 ECB Bancorp. If investors know ECB 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 ECB 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 (0.34) | Earnings Share 0.48 | Revenue Per Share 3.015 | Quarterly Revenue Growth 0.061 | Return On Assets 0.0034 |
The market value of ECB Bancorp is measured differently than its book value, which is the value of ECB that is recorded on the company's balance sheet. Investors also form their own opinion of ECB Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ECB 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 ECB Bancorp's market value can be influenced by many factors that don't directly affect ECB 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 ECB Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECB Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECB 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.