Plumas Bancorp Stock Technical Analysis
PLBC Stock | USD 35.20 0.02 0.06% |
As of the 12th of May 2024, Plumas Bancorp holds the Risk Adjusted Performance of (0.01), variance of 2.41, and Coefficient Of Variation of (3,097). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Plumas Bancorp, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed thirteen technical drivers for Plumas Bancorp, which can be compared to its competitors. Please check Plumas Bancorp standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Plumas Bancorp is priced some-what accurately, providing market reflects its current price of 35.2 per share. Given that Plumas Bancorp has information ratio of (0.09), we recommend you to check out Plumas Bancorp's recent market performance to make sure the company can sustain itself at a future point.
Plumas Bancorp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Plumas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PlumasPlumas |
Plumas Bancorp Analyst Consensus
Target Price | Advice | # of Analysts | |
38.0 | Buy | 1 | Odds |
Most Plumas analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Plumas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Plumas Bancorp, talking to its executives and customers, or listening to Plumas conference calls.
Plumas Bancorp 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.
Plumas Bancorp Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Plumas Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Plumas Bancorp Trend Analysis
Use this graph to draw trend lines for Plumas Bancorp. You can use it to identify possible trend reversals for Plumas Bancorp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Plumas Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Plumas Bancorp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Plumas Bancorp applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Plumas Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 24.63, which is the sum of squared deviations for the predicted Plumas Bancorp price change compared to its average price change.About Plumas Bancorp Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Plumas Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Plumas Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Plumas Bancorp price pattern first instead of the macroeconomic environment surrounding Plumas Bancorp. By analyzing Plumas Bancorp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Plumas Bancorp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Plumas Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0166 | 0.0173 | 0.0242 | 0.0162 | Price To Sales Ratio | 3.34 | 3.12 | 2.84 | 3.06 |
Plumas Bancorp May 12, 2024 Technical Indicators
Most technical analysis of Plumas help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Plumas from various momentum indicators to cycle indicators. When you analyze Plumas charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.01) | |||
Market Risk Adjusted Performance | (0.05) | |||
Mean Deviation | 1.14 | |||
Coefficient Of Variation | (3,097) | |||
Standard Deviation | 1.55 | |||
Variance | 2.41 | |||
Information Ratio | (0.09) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.06) | |||
Maximum Drawdown | 7.11 | |||
Value At Risk | (2.51) | |||
Potential Upside | 2.48 | |||
Skewness | (0.30) | |||
Kurtosis | 0.3626 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plumas 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. For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.Note that the Plumas Bancorp information on this page should be used as a complementary analysis to other Plumas Bancorp'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Plumas Stock analysis
When running Plumas Bancorp's price analysis, check to measure Plumas 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 Plumas Bancorp is operating at the current time. Most of Plumas Bancorp's value examination focuses on studying past and present price action to predict the probability of Plumas 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 Plumas Bancorp's price. Additionally, you may evaluate how the addition of Plumas Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Plumas Bancorp'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 Plumas Bancorp. If investors know Plumas 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 Plumas Bancorp 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 (0.18) | Dividend Share 1.02 | Earnings Share 4.79 | Revenue Per Share 13.11 | Quarterly Revenue Growth (0.04) |
The market value of Plumas Bancorp is measured differently than its book value, which is the value of Plumas that is recorded on the company's balance sheet. Investors also form their own opinion of Plumas Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Plumas Bancorp'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 Plumas Bancorp's market value can be influenced by many factors that don't directly affect Plumas Bancorp'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 Plumas Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plumas Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plumas Bancorp'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.