Wesbanco Stock Market Value
| WSBC Stock | USD 28.31 0.03 0.11% |
| Symbol | WesBanco |
WesBanco Price To Book Ratio
Is WesBanco'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 WesBanco. If investors know WesBanco 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 WesBanco 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 (0.17) | Dividend Share 1.42 | Earnings Share 2.4 | Revenue Per Share 9.71 | Quarterly Revenue Growth (0.05) |
The market value of WesBanco is measured differently than its book value, which is the value of WesBanco that is recorded on the company's balance sheet. Investors also form their own opinion of WesBanco's value that differs from its market value or its book value, called intrinsic value, which is WesBanco'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 WesBanco's market value can be influenced by many factors that don't directly affect WesBanco'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 WesBanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if WesBanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WesBanco'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.
WesBanco '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 WesBanco'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 WesBanco.
| 11/08/2023 |
| 05/06/2024 |
If you would invest 0.00 in WesBanco on November 8, 2023 and sell it all today you would earn a total of 0.00 from holding WesBanco or generate 0.0% return on investment in WesBanco over 180 days. WesBanco is related to or competes with Northfield Bancorp, FNB, Mifflinburg Bancorp, Commercial National, Apollo Bancorp, and Kasikornbank Public. WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc More
WesBanco 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 WesBanco'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 WesBanco upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.25 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.03 |
WesBanco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WesBanco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WesBanco's standard deviation. In reality, there are many statistical measures that can use WesBanco historical prices to predict the future WesBanco's volatility.| Risk Adjusted Performance | 9.0E-4 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.24) | |||
| 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 WesBanco'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.
WesBanco Backtested Returns
We consider WesBanco very steady. WesBanco shows Sharpe Ratio of 0.0244, which attests that the company had a 0.0244% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for WesBanco, which you can use to evaluate the volatility of the company. Please check out WesBanco's Mean Deviation of 1.45, market risk adjusted performance of (0.01), and Standard Deviation of 1.95 to validate if the risk estimate we provide is consistent with the expected return of 0.0479%. WesBanco has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of 1.6, which attests to 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, WesBanco will likely underperform. WesBanco right now maintains a risk of 1.96%. Please check out WesBanco kurtosis, as well as the relationship between the rate of daily change and market facilitation index , to decide if WesBanco will be following its historical returns.
Auto-correlation | 0.18 |
Very weak predictability
WesBanco has very weak predictability. Overlapping area represents the amount of predictability between WesBanco time series from 8th of November 2023 to 6th of February 2024 and 6th of February 2024 to 6th of May 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 WesBanco price movement. The serial correlation of 0.18 indicates that over 18.0% of current WesBanco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
WesBanco lagged returns against current returns
Autocorrelation, which is WesBanco 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 WesBanco's stock expected returns. We can calculate the autocorrelation of WesBanco returns to help us make a trade decision. For example, suppose you find that WesBanco 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 |
WesBanco 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 WesBanco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WesBanco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WesBanco stock over time.
Current vs Lagged Prices |
| Timeline |
WesBanco Lagged Returns
When evaluating WesBanco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WesBanco stock have on its future price. WesBanco 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, WesBanco autocorrelation shows the relationship between WesBanco stock current value and its past values and can show if there is a momentum factor associated with investing in WesBanco.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WesBanco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WesBanco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wesbanco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesbanco Stock:Check out WesBanco Correlation, WesBanco Volatility and WesBanco Alpha and Beta module to complement your research on WesBanco. For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.Note that the WesBanco information on this page should be used as a complementary analysis to other WesBanco'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 Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for WesBanco Stock analysis
When running WesBanco's price analysis, check to measure WesBanco'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 WesBanco is operating at the current time. Most of WesBanco's value examination focuses on studying past and present price action to predict the probability of WesBanco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WesBanco's price. Additionally, you may evaluate how the addition of WesBanco to your portfolios can decrease your overall portfolio volatility.
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WesBanco 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.