Northeast Community Bancorp Stock Market Value
| NECB Stock | USD 15.48 0.14 0.91% |
| Symbol | Northeast |
Northeast Community Price To Book Ratio
Is Northeast Community'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 Northeast Community. If investors know Northeast 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 Northeast Community 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 0.518 | Dividend Share 0.24 | Earnings Share 3.32 | Revenue Per Share 7.166 | Quarterly Revenue Growth 0.233 |
The market value of Northeast Community is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Community's value that differs from its market value or its book value, called intrinsic value, which is Northeast Community'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 Northeast Community's market value can be influenced by many factors that don't directly affect Northeast Community'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 Northeast Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Community'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.
Northeast Community '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 Northeast Community'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 Northeast Community.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Northeast Community on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Northeast Community Bancorp or generate 0.0% return on investment in Northeast Community over 30 days. Northeast Community is related to or competes with Cullman Bancorp, Home Federal, First Financial, First Northwest, First Capital, and Community West. Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial s... More
Northeast Community 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 Northeast Community'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 Northeast Community Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 6.22 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 1.97 |
Northeast Community Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northeast Community's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northeast Community's standard deviation. In reality, there are many statistical measures that can use Northeast Community historical prices to predict the future Northeast Community's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northeast Community'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.
Northeast Community Backtested Returns
Northeast Community has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Northeast Community exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Northeast Community's Risk Adjusted Performance of (0.04), mean deviation of 1.04, and Standard Deviation of 1.48 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.71, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Northeast Community's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northeast Community is expected to be smaller as well. Northeast Community has an expected return of -0.17%. Please make sure to verify Northeast Community Bancorp potential upside, daily balance of power, price action indicator, as well as the relationship between the kurtosis and day median price , to decide if Northeast Community performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Northeast Community Bancorp has good reverse predictability. Overlapping area represents the amount of predictability between Northeast Community time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Northeast Community price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Northeast Community price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Northeast Community lagged returns against current returns
Autocorrelation, which is Northeast Community 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 Northeast Community's stock expected returns. We can calculate the autocorrelation of Northeast Community returns to help us make a trade decision. For example, suppose you find that Northeast Community 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 |
Northeast Community 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 Northeast Community stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northeast Community stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northeast Community stock over time.
Current vs Lagged Prices |
| Timeline |
Northeast Community Lagged Returns
When evaluating Northeast Community's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northeast Community stock have on its future price. Northeast Community 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, Northeast Community autocorrelation shows the relationship between Northeast Community stock current value and its past values and can show if there is a momentum factor associated with investing in Northeast Community 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 Northeast Community 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, Northeast Community's short interest history, or implied volatility extrapolated from Northeast Community options trading.
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Try AI Portfolio ArchitectCheck out Northeast Community Correlation, Northeast Community Volatility and Northeast Community Alpha and Beta module to complement your research on Northeast Community. Note that the Northeast Community information on this page should be used as a complementary analysis to other Northeast Community'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 Transaction History module to view history of all your transactions and understand their impact on performance.
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When running Northeast Community's price analysis, check to measure Northeast Community'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 Northeast Community is operating at the current time. Most of Northeast Community's value examination focuses on studying past and present price action to predict the probability of Northeast Community's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northeast Community's price. Additionally, you may evaluate how the addition of Northeast Community to your portfolios can decrease your overall portfolio volatility.
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Northeast Community 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.