Andover Bancorp Stock Analysis

Andover Pink Sheet Analysis Notes

The company last dividend was issued on the 16th of December 2022. Andover Bancorp had 50:1 split on the 30th of October 2013. Andover Bancorp, Inc. operates as the bank holding company for Andover Bank that provides commercial and retail banking products and services. Andover Bancorp, Inc. was founded in 1884 and is headquartered in Andover, Ohio. Andover Bancorp operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 90 people.The quote for Andover Bancorp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Andover Bancorp please contact Stephen Varckette at 440 293 7256 or go to https://www.andover.bank/Andover-Bancorp-Inc.

Andover Bancorp Investment Alerts

Andover Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 49.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Andover Bancorp's market, we take the total number of its shares issued and multiply it by Andover Bancorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Andover Profitablity

The company has Profit Margin (PM) of 0.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.33 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.33.

Technical Drivers

As of the 15th of December 2024, Andover Bancorp shows the mean deviation of 1.2, and Risk Adjusted Performance of 0.046. Andover Bancorp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Andover Bancorp Price Movement Analysis

Andover Bancorp Predictive Daily Indicators

Andover Bancorp Forecast Models

Andover Bancorp's time-series forecasting models are one of many Andover Bancorp's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Andover Bancorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Andover Bancorp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Andover shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Andover Bancorp. By using and applying Andover Pink Sheet analysis, traders can create a robust methodology for identifying Andover entry and exit points for their positions.

When running Andover Bancorp's price analysis, check to measure Andover Bancorp'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 Andover Bancorp is operating at the current time. Most of Andover Bancorp's value examination focuses on studying past and present price action to predict the probability of Andover Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andover Bancorp's price. Additionally, you may evaluate how the addition of Andover Bancorp to your portfolios can decrease your overall portfolio volatility.