Ameriserv Financial Stock Market Value
| ASRV Stock | USD 2.76 0.13 4.94% |
| Symbol | AmeriServ |
AmeriServ Financial Price To Book Ratio
Is AmeriServ Financial'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 AmeriServ Financial. If investors know AmeriServ 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 AmeriServ Financial 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 0.244 | Dividend Share 0.12 | Earnings Share (0.20) | Revenue Per Share 2.647 | Quarterly Revenue Growth 0.029 |
The market value of AmeriServ Financial is measured differently than its book value, which is the value of AmeriServ that is recorded on the company's balance sheet. Investors also form their own opinion of AmeriServ Financial's value that differs from its market value or its book value, called intrinsic value, which is AmeriServ Financial'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 AmeriServ Financial's market value can be influenced by many factors that don't directly affect AmeriServ Financial'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 AmeriServ Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if AmeriServ Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AmeriServ Financial'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.
AmeriServ Financial '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 AmeriServ Financial'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 AmeriServ Financial.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in AmeriServ Financial on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding AmeriServ Financial or generate 0.0% return on investment in AmeriServ Financial over 30 days. AmeriServ Financial is related to or competes with 1ST SUMMIT, Potomac Bancshares, Apollo Bancorp, Century Financial, Farmers Bank, Affinity Bancshares, and First Financial. AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consum... More
AmeriServ Financial 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 AmeriServ Financial'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 AmeriServ Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 20.43 | |||
| Value At Risk | (6.07) | |||
| Potential Upside | 5.76 |
AmeriServ Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AmeriServ Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AmeriServ Financial's standard deviation. In reality, there are many statistical measures that can use AmeriServ Financial historical prices to predict the future AmeriServ Financial's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AmeriServ Financial'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.
AmeriServ Financial Backtested Returns
AmeriServ Financial secures Sharpe Ratio (or Efficiency) of -0.0437, which signifies that the company had a -0.0437% return per unit of standard deviation over the last 3 months. AmeriServ Financial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AmeriServ Financial's risk adjusted performance of (0.02), and Mean Deviation of 2.7 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.85, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AmeriServ Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding AmeriServ Financial is expected to be smaller as well. AmeriServ Financial has an expected return of -0.16%. Please make sure to confirm AmeriServ Financial treynor ratio, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if AmeriServ Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
AmeriServ Financial has poor reverse predictability. Overlapping area represents the amount of predictability between AmeriServ Financial time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 AmeriServ Financial price movement. The serial correlation of -0.4 indicates that just about 40.0% of current AmeriServ Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
AmeriServ Financial lagged returns against current returns
Autocorrelation, which is AmeriServ Financial 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 AmeriServ Financial's stock expected returns. We can calculate the autocorrelation of AmeriServ Financial returns to help us make a trade decision. For example, suppose you find that AmeriServ Financial 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 |
AmeriServ Financial 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 AmeriServ Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AmeriServ Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AmeriServ Financial stock over time.
Current vs Lagged Prices |
| Timeline |
AmeriServ Financial Lagged Returns
When evaluating AmeriServ Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AmeriServ Financial stock have on its future price. AmeriServ Financial 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, AmeriServ Financial autocorrelation shows the relationship between AmeriServ Financial stock current value and its past values and can show if there is a momentum factor associated with investing in AmeriServ Financial.
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 AmeriServ Financial 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, AmeriServ Financial's short interest history, or implied volatility extrapolated from AmeriServ Financial options trading.
Pair Trading with AmeriServ Financial
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 AmeriServ Financial 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 AmeriServ Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with AmeriServ Stock
| 0.69 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.63 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against AmeriServ Stock
| 0.82 | CFG-PD | Citizens Financial | PairCorr |
| 0.81 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.78 | TECTP | Tectonic Financial | PairCorr |
| 0.74 | DB | Deutsche Bank AG Earnings Call Tomorrow | PairCorr |
| 0.61 | RF | Regions Financial Financial Report 19th of July 2024 | PairCorr |
The ability to find closely correlated positions to AmeriServ Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AmeriServ Financial 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 AmeriServ Financial - 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 AmeriServ Financial to buy it.
The correlation of AmeriServ Financial 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 AmeriServ Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AmeriServ Financial 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 AmeriServ Financial 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 AmeriServ Financial Correlation, AmeriServ Financial Volatility and AmeriServ Financial Alpha and Beta module to complement your research on AmeriServ Financial. For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for AmeriServ Stock analysis
When running AmeriServ Financial's price analysis, check to measure AmeriServ Financial'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 AmeriServ Financial is operating at the current time. Most of AmeriServ Financial's value examination focuses on studying past and present price action to predict the probability of AmeriServ Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AmeriServ Financial's price. Additionally, you may evaluate how the addition of AmeriServ Financial to your portfolios can decrease your overall portfolio volatility.
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AmeriServ Financial 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.