Community Trust Bancorp Stock Price on March 15, 2024
| CTBI Stock | USD 43.40 0.21 0.49% |
Below is the normalized historical share price chart for Community Trust Bancorp extending back to December 29, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Community Trust stands at 43.40, as last reported on the 4th of May, with the highest price reaching 43.67 and the lowest price hitting 43.10 during the day.
If you're considering investing in Community Stock, it is important to understand the factors that can impact its price. We consider Community Trust very steady. Community Trust Bancorp secures Sharpe Ratio (or Efficiency) of 0.0809, which signifies that the company had a 0.0809% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Community Trust Bancorp, which you can use to evaluate the volatility of the firm. Please confirm Community Trust's Downside Deviation of 1.7, risk adjusted performance of 0.0328, and Mean Deviation of 1.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
As of now, Community Trust's Common Stock Shares Outstanding is increasing as compared to previous years. The Community Trust's current Capital Stock is estimated to increase to about 98.2 M, while Total Stockholder Equity is projected to decrease to under 366 M. . As of now, Community Trust's Price To Book Ratio is increasing as compared to previous years. The Community Trust's current Price Sales Ratio is estimated to increase to 2.49, while Price Earnings To Growth Ratio is forecasted to increase to (1.91). Community Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of May 1993 | 200 Day MA 39.3356 | 50 Day MA 40.7896 | Beta 0.7 |
Community |
Sharpe Ratio = 0.0809
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | CTBI | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Community Trust is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Community Trust by adding it to a well-diversified portfolio.
Price Book 1.0283 | Price Sales 3.2619 | Shares Float 15.2 M | Dividend Share 1.82 | Wall Street Target Price 48 |
Related Headline
First Community Headline on 15th of March 2024
First Community Bankshares Sees Unusually-High Trading Volum... by news.google.com
First Community Bankshares Sees Unusually-High Trading Volume MarketBeat
Community Trust Valuation on March 15, 2024
It is possible to determine the worth of Community Trust on a given historical date. On March 15, 2024 Community was worth 38.88 at the beginning of the trading date compared to the closed value of 39.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Community Trust stock. Still, in general, we apply an absolute valuation method to find Community Trust's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Community Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Community Trust's related companies.
| Open | High | Low | Close | Volume | |
| 39.99 | 39.99 | 38.69 | 38.95 | 40,869 | |
03/15/2024 | 38.88 | 39.77 | 38.88 | 39.16 | 150,593 |
| 39.24 | 39.29 | 38.54 | 38.63 | 48,315 |
| Backtest Community Trust | | | Community Trust History | | | Community Trust Valuation | Previous | Next |
Community Trust Trading Date Momentum on March 15, 2024
| On March 18 2024 Community Trust Bancorp was traded for 38.63 at the closing time. The top price for the day was 39.29 and the lowest listed price was 38.54 . The trading volume for the day was 48.3 K. The trading history from March 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.35% . The overall trading delta against the current closing price is 3.42% . |
Community Trust Bancorp Fundamentals Correlations and Trends
By evaluating Community Trust's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Community Trust's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Community financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Community Trust Stock history
Community Trust investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Community is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Community Trust Bancorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Community Trust stock prices may prove useful in developing a viable investing in Community Trust
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 17.9 M | 18.2 M | |
| Net Income Applicable To Common Shares | 94.1 M | 47.5 M |
Community Trust Stock Technical Analysis
Community Trust 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.
Price Boundaries
Community Trust Period Price Range
Low | March 15, 2024
| High |
38.88 | 39.16 |
Community Trust May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Community Trust stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Community Trust shares will generate the highest return on investment. By undertsting and applying Community Trust stock market strength indicators, traders can identify Community Trust Bancorp entry and exit signals to maximize returns
| Accumulation Distribution | 3370.07 | |||
| Daily Balance Of Power | 0.3146 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 39.33 | |||
| Day Typical Price | 39.27 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | 4.24 |
Community Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Community Trust's price direction in advance. Along with the technical and fundamental analysis of Community Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Community to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0328 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0109 | |||
| Treynor Ratio | 0.0447 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Trust Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Community Trust Bancorp information on this page should be used as a complementary analysis to other Community Trust'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Community Stock analysis
When running Community Trust's price analysis, check to measure Community Trust'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 Community Trust is operating at the current time. Most of Community Trust's value examination focuses on studying past and present price action to predict the probability of Community Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Trust's price. Additionally, you may evaluate how the addition of Community Trust to your portfolios can decrease your overall portfolio volatility.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Is Community Trust'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 Community Trust. If investors know Community 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 Community Trust 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 (0.04) | Dividend Share 1.82 | Earnings Share 4.32 | Revenue Per Share 12.341 | Quarterly Revenue Growth 0.003 |
The market value of Community Trust Bancorp is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Trust's value that differs from its market value or its book value, called intrinsic value, which is Community Trust'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 Community Trust's market value can be influenced by many factors that don't directly affect Community Trust'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 Community Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Trust'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.