Bridgewater Bancshares Stock Market Value
| BWB Stock | USD 12.09 0.10 0.83% |
| Symbol | Bridgewater |
Bridgewater Bancshares Price To Book Ratio
Is Bridgewater Bancshares' 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 Bridgewater Bancshares. If investors know Bridgewater 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 Bridgewater Bancshares 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 (0.37) | Earnings Share 1.27 | Revenue Per Share 4.015 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0089 |
The market value of Bridgewater Bancshares is measured differently than its book value, which is the value of Bridgewater that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgewater Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Bridgewater Bancshares' 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 Bridgewater Bancshares' market value can be influenced by many factors that don't directly affect Bridgewater Bancshares' 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 Bridgewater Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgewater Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgewater Bancshares' 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.
Bridgewater Bancshares '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 Bridgewater Bancshares' 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 Bridgewater Bancshares.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Bridgewater Bancshares on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Bridgewater Bancshares or generate 0.0% return on investment in Bridgewater Bancshares over 30 days. Bridgewater Bancshares is related to or competes with HMN Financial, Home Federal, First Financial, First Northwest, First Capital, Community West, and Cullman Bancorp. Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products an... More
Bridgewater Bancshares 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 Bridgewater Bancshares' 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 Bridgewater Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.26 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.18 |
Bridgewater Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bridgewater Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bridgewater Bancshares' standard deviation. In reality, there are many statistical measures that can use Bridgewater Bancshares historical prices to predict the future Bridgewater Bancshares' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bridgewater Bancshares' 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.
Bridgewater Bancshares Backtested Returns
Bridgewater Bancshares secures Sharpe Ratio (or Efficiency) of -0.0874, which signifies that the company had a -0.0874% return per unit of risk over the last 3 months. Bridgewater Bancshares exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bridgewater Bancshares' Risk Adjusted Performance of (0.03), mean deviation of 1.51, and Standard Deviation of 2.02 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.08, which signifies a somewhat significant risk relative to the market. Bridgewater Bancshares returns are very sensitive to returns on the market. As the market goes up or down, Bridgewater Bancshares is expected to follow. Bridgewater Bancshares has an expected return of -0.18%. Please make sure to confirm Bridgewater Bancshares kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to decide if Bridgewater Bancshares performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Bridgewater Bancshares has insignificant predictability. Overlapping area represents the amount of predictability between Bridgewater Bancshares time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Bridgewater Bancshares price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Bridgewater Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Bridgewater Bancshares lagged returns against current returns
Autocorrelation, which is Bridgewater Bancshares 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 Bridgewater Bancshares' stock expected returns. We can calculate the autocorrelation of Bridgewater Bancshares returns to help us make a trade decision. For example, suppose you find that Bridgewater Bancshares 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 |
Bridgewater Bancshares 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 Bridgewater Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bridgewater Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bridgewater Bancshares stock over time.
Current vs Lagged Prices |
| Timeline |
Bridgewater Bancshares Lagged Returns
When evaluating Bridgewater Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bridgewater Bancshares stock have on its future price. Bridgewater Bancshares 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, Bridgewater Bancshares autocorrelation shows the relationship between Bridgewater Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in Bridgewater Bancshares.
Regressed Prices |
| Timeline |
Pair Trading with Bridgewater Bancshares
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 Bridgewater Bancshares 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 Bridgewater Bancshares will appreciate offsetting losses from the drop in the long position's value.Moving together with Bridgewater Stock
| 0.78 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.92 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Bridgewater Stock
| 0.75 | KB | KB Financial Group Earnings Call Today | PairCorr |
| 0.75 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.7 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.64 | TECTP | Tectonic Financial | PairCorr |
| 0.64 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Bridgewater Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgewater Bancshares 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 Bridgewater Bancshares - 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 Bridgewater Bancshares to buy it.
The correlation of Bridgewater Bancshares 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 Bridgewater Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgewater Bancshares 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 Bridgewater Bancshares 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 Bridgewater Bancshares Correlation, Bridgewater Bancshares Volatility and Bridgewater Bancshares Alpha and Beta module to complement your research on Bridgewater Bancshares. For information on how to trade Bridgewater Stock refer to our How to Trade Bridgewater Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Bridgewater Stock analysis
When running Bridgewater Bancshares' price analysis, check to measure Bridgewater Bancshares' 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 Bridgewater Bancshares is operating at the current time. Most of Bridgewater Bancshares' value examination focuses on studying past and present price action to predict the probability of Bridgewater Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgewater Bancshares' price. Additionally, you may evaluate how the addition of Bridgewater Bancshares to your portfolios can decrease your overall portfolio volatility.
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Bridgewater Bancshares 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.