Coastal Financial Corp Stock Market Value
| CCB Stock | USD 40.89 1.49 3.78% |
| Symbol | Coastal |
Coastal Financial Corp Price To Book Ratio
Is Coastal 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 Coastal Financial. If investors know Coastal 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 Coastal 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 (0.32) | Earnings Share 3.27 | Revenue Per Share 19.749 | Quarterly Revenue Growth 0.015 | Return On Assets 0.0129 |
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal 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 Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal 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 Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal 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.
Coastal 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 Coastal 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 Coastal Financial.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Coastal Financial on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Coastal Financial Corp or generate 0.0% return on investment in Coastal Financial over 30 days. Coastal Financial is related to or competes with HMN Financial, Lake Shore, and Rhinebeck Bancorp. Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various bank... More
Coastal 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 Coastal 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 Coastal Financial Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.42 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.75 |
Coastal Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coastal Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coastal Financial's standard deviation. In reality, there are many statistical measures that can use Coastal Financial historical prices to predict the future Coastal Financial's volatility.| Risk Adjusted Performance | (0.0003) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Coastal 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.
Coastal Financial Corp Backtested Returns
We have found twenty-three technical indicators for Coastal Financial Corp, which you can use to evaluate the volatility of the firm. Please confirm Coastal Financial's risk adjusted performance of (0.0003), and Mean Deviation of 1.55 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. The firm shows a Beta (market volatility) of 1.46, which signifies 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, Coastal Financial will likely underperform. Coastal Financial Corp right now shows a risk of 2.06%. Please confirm Coastal Financial Corp total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if Coastal Financial Corp will be following its price patterns.
Auto-correlation | 0.35 |
Below average predictability
Coastal Financial Corp has below average predictability. Overlapping area represents the amount of predictability between Coastal 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 Coastal Financial Corp price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Coastal Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
Coastal Financial Corp lagged returns against current returns
Autocorrelation, which is Coastal 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 Coastal Financial's stock expected returns. We can calculate the autocorrelation of Coastal Financial returns to help us make a trade decision. For example, suppose you find that Coastal 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 |
Coastal 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 Coastal Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coastal Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coastal Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Coastal Financial Lagged Returns
When evaluating Coastal Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coastal Financial stock have on its future price. Coastal 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, Coastal Financial autocorrelation shows the relationship between Coastal Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Coastal Financial Corp.
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 Coastal 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, Coastal Financial's short interest history, or implied volatility extrapolated from Coastal Financial options trading.
Pair Trading with Coastal 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 Coastal 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 Coastal Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Coastal Stock
| 0.8 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.87 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Coastal Stock
| 0.79 | KB | KB Financial Group Earnings Call Tomorrow | PairCorr |
| 0.77 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.69 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.49 | CFG-PD | Citizens Financial | PairCorr |
| 0.46 | TFC-PI | Truist Financial | PairCorr |
The ability to find closely correlated positions to Coastal 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 Coastal 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 Coastal 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 Coastal Financial Corp to buy it.
The correlation of Coastal 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 Coastal Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coastal Financial Corp 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 Coastal 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 Coastal Financial Correlation, Coastal Financial Volatility and Coastal Financial Alpha and Beta module to complement your research on Coastal Financial. Note that the Coastal Financial Corp information on this page should be used as a complementary analysis to other Coastal Financial'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Coastal Stock analysis
When running Coastal Financial's price analysis, check to measure Coastal 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 Coastal Financial is operating at the current time. Most of Coastal Financial's value examination focuses on studying past and present price action to predict the probability of Coastal 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 Coastal Financial's price. Additionally, you may evaluate how the addition of Coastal Financial to your portfolios can decrease your overall portfolio volatility.
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Coastal 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.