Macatawa Bank Stock Price on April 25, 2024
| MCBC Stock | USD 14.21 0.21 1.50% |
Below is the normalized historical share price chart for Macatawa Bank extending back to April 02, 1998. 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 Macatawa Bank stands at 14.21, as last reported on the 2nd of May, with the highest price reaching 14.32 and the lowest price hitting 14.02 during the day.
If you're considering investing in Macatawa Stock, it is important to understand the factors that can impact its price. Macatawa Bank appears to be somewhat reliable, given 3 months investment horizon. Macatawa Bank has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Macatawa Bank's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please exercise Macatawa Bank's Mean Deviation of 2.02, risk adjusted performance of 0.0687, and Downside Deviation of 1.99 to check out if our risk estimates are consistent with your expectations.
At present, Macatawa Bank's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 2.8 B, whereas Common Stock Total Equity is forecasted to decline to about 175.5 M. . At present, Macatawa Bank's Price Earnings Ratio is projected to increase based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.68, whereas Price Earnings To Growth Ratio is forecasted to decline to 0.34. Macatawa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of May 1998 | 200 Day MA 10.0296 | 50 Day MA 10.667 | Beta 0.661 |
Macatawa |
Sharpe Ratio = 0.1218
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Estimated Market Risk
| 5.08 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Macatawa Bank is performing at about 9% 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 Macatawa Bank by adding it to a well-diversified portfolio.
Price Book 1.149 | Price Sales 3.1283 | Shares Float 26.4 M | Dividend Share 0.34 | Wall Street Target Price 15 |
Macatawa Bank Main Headline on 25th of April 2024
Macatawa Bank declares 0.09 dividend by seekingalpha.com
Macatawa Bank declares 0.09share quarterly dividend, in line with previous. Forward yield 2.51 percent Payable May 30 for shareholders of record May 13 ex-d
Macatawa Bank Valuation on April 25, 2024
It is possible to determine the worth of Macatawa Bank on a given historical date. On April 25, 2024 Macatawa was worth 14.17 at the beginning of the trading date compared to the closed value of 14.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Macatawa Bank stock. Still, in general, we apply an absolute valuation method to find Macatawa Bank'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 Macatawa Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Macatawa Bank's related companies.
| Open | High | Low | Close | Volume | |
| 14.23 | 14.34 | 14.11 | 14.30 | 217,526 | |
04/25/2024 | 14.17 | 14.35 | 14.11 | 14.33 | 205,470 |
| 14.21 | 14.38 | 14.21 | 14.24 | 121,151 |
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Macatawa Bank Trading Date Momentum on April 25, 2024
| On April 26 2024 Macatawa Bank was traded for 14.24 at the closing time. The top price for the day was 14.38 and the lowest listed price was 14.21 . The trading volume for the day was 121.2 K. The trading history from April 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.63% . The trading delta at closing time against the current closing price is 2.09% . |
Macatawa Bank Fundamentals Correlations and Trends
By evaluating Macatawa Bank'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 Macatawa Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Macatawa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Macatawa Bank Stock history
Macatawa Bank 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 Macatawa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Macatawa Bank 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 Macatawa Bank stock prices may prove useful in developing a viable investing in Macatawa Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 34.3 M | 26.6 M | |
| Net Income Applicable To Common Shares | 39.9 M | 41.9 M |
Macatawa Bank Stock Technical Analysis
Macatawa Bank 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
Macatawa Bank Period Price Range
Low | April 25, 2024
| High |
14.17 | 14.33 |
Macatawa Bank May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Macatawa Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Macatawa Bank shares will generate the highest return on investment. By undertsting and applying Macatawa Bank stock market strength indicators, traders can identify Macatawa Bank entry and exit signals to maximize returns
| Accumulation Distribution | 3436.43 | |||
| Daily Balance Of Power | 0.6667 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 14.23 | |||
| Day Typical Price | 14.26 | |||
| Price Action Indicator | 0.18 | |||
| Period Momentum Indicator | (0.12) |
Macatawa Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Macatawa Bank's price direction in advance. Along with the technical and fundamental analysis of Macatawa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Macatawa 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 | 0.0687 | |||
| Jensen Alpha | 0.4395 | |||
| Total Risk Alpha | 0.072 | |||
| Sortino Ratio | 0.2046 | |||
| Treynor Ratio | 1.31 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. 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. For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.Note that the Macatawa Bank information on this page should be used as a complementary analysis to other Macatawa Bank'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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Macatawa Stock analysis
When running Macatawa Bank's price analysis, check to measure Macatawa Bank'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 Macatawa Bank is operating at the current time. Most of Macatawa Bank's value examination focuses on studying past and present price action to predict the probability of Macatawa Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macatawa Bank's price. Additionally, you may evaluate how the addition of Macatawa Bank to your portfolios can decrease your overall portfolio volatility.
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Is Macatawa Bank'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 Macatawa Bank. If investors know Macatawa 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 Macatawa Bank 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 (0.19) | Dividend Share 0.34 | Earnings Share 0.27 | Revenue Per Share 3.018 | Quarterly Revenue Growth (0.07) |
The market value of Macatawa Bank is measured differently than its book value, which is the value of Macatawa that is recorded on the company's balance sheet. Investors also form their own opinion of Macatawa Bank's value that differs from its market value or its book value, called intrinsic value, which is Macatawa Bank'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 Macatawa Bank's market value can be influenced by many factors that don't directly affect Macatawa Bank'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 Macatawa Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macatawa Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macatawa Bank'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.