Midwestone Financial Group Stock Market Value
| MOFG Stock | USD 21.11 0.24 1.15% |
| Symbol | MidWestOne |
MidWestOne Financial Price To Book Ratio
Is Regional Banks space 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 MidWestOne Financial. If investors know MidWestOne 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 MidWestOne 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 1.329 | Dividend Share 0.97 | Earnings Share 1.45 | Revenue Per Share 10.285 | Quarterly Revenue Growth 0.134 |
The market value of MidWestOne Financial is measured differently than its book value, which is the value of MidWestOne that is recorded on the company's balance sheet. Investors also form their own opinion of MidWestOne Financial's value that differs from its market value or its book value, called intrinsic value, which is MidWestOne 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 MidWestOne Financial's market value can be influenced by many factors that don't directly affect MidWestOne 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 MidWestOne Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MidWestOne Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MidWestOne 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.
MidWestOne 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 MidWestOne 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 MidWestOne Financial.
| 04/21/2024 |
| 06/20/2024 |
If you would invest 0.00 in MidWestOne Financial on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding MidWestOne Financial Group or generate 0.0% return on investment in MidWestOne Financial over 60 days. MidWestOne Financial is related to or competes with Banco Santander, Itau Unibanco, Banco De, Banco Bradesco, KeyCorp, Finward Bancorp, and Community West. MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and r... More
MidWestOne 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 MidWestOne 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 MidWestOne Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.71 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 4.26 |
MidWestOne Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MidWestOne Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MidWestOne Financial's standard deviation. In reality, there are many statistical measures that can use MidWestOne Financial historical prices to predict the future MidWestOne Financial's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MidWestOne 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.
MidWestOne Financial Backtested Returns
MidWestOne Financial has Sharpe Ratio of -0.0377, which conveys that the firm had a -0.0377% return per unit of risk over the last 3 months. MidWestOne Financial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MidWestOne Financial's Standard Deviation of 2.23, risk adjusted performance of (0.01), and Mean Deviation of 1.65 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.51, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MidWestOne Financial will likely underperform. At this point, MidWestOne Financial has a negative expected return of -0.0791%. Please make sure to verify MidWestOne Financial's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if MidWestOne Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
MidWestOne Financial Group has modest reverse predictability. Overlapping area represents the amount of predictability between MidWestOne Financial time series from 21st of April 2024 to 21st of May 2024 and 21st of May 2024 to 20th of June 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 MidWestOne Financial price movement. The serial correlation of -0.44 indicates that just about 44.0% of current MidWestOne Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
MidWestOne Financial lagged returns against current returns
Autocorrelation, which is MidWestOne 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 MidWestOne Financial's stock expected returns. We can calculate the autocorrelation of MidWestOne Financial returns to help us make a trade decision. For example, suppose you find that MidWestOne 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 |
MidWestOne 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 MidWestOne Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MidWestOne Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MidWestOne Financial stock over time.
Current vs Lagged Prices |
| Timeline |
MidWestOne Financial Lagged Returns
When evaluating MidWestOne Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MidWestOne Financial stock have on its future price. MidWestOne 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, MidWestOne Financial autocorrelation shows the relationship between MidWestOne Financial stock current value and its past values and can show if there is a momentum factor associated with investing in MidWestOne Financial Group.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in MidWestOne Stock
When determining whether MidWestOne Financial is a strong investment it is important to analyze MidWestOne Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MidWestOne Financial's future performance. For an informed investment choice regarding MidWestOne Stock, refer to the following important reports:Check out MidWestOne Financial Correlation, MidWestOne Financial Volatility and MidWestOne Financial Alpha and Beta module to complement your research on MidWestOne Financial. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
MidWestOne 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.