Choiceone Financial Services Stock Price on March 30, 2023

COFS Stock  USD 35.90  0.40  1.13%   
Below is the normalized historical share price chart for ChoiceOne Financial Services extending back to June 21, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ChoiceOne Financial stands at 35.90, as last reported on the 12th of November 2024, with the highest price reaching 36.26 and the lowest price hitting 35.80 during the day.
IPO Date
31st of December 2001
200 Day MA
27.658
50 Day MA
31.3214
Beta
0.632
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ChoiceOne Stock, it is important to understand the factors that can impact its price. ChoiceOne Financial appears to be very steady, given 3 months investment horizon. ChoiceOne Financial secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. By analyzing ChoiceOne Financial's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of ChoiceOne Financial's Risk Adjusted Performance of 0.1792, downside deviation of 1.18, and Mean Deviation of 1.36 to double-check if our risk estimates are consistent with your expectations.
  
At this time, ChoiceOne Financial's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 208 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (61.4 M). . At this time, ChoiceOne Financial's Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.35 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.94). ChoiceOne Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2339

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Estimated Market Risk

 2.15
  actual daily
19
81% of assets are more volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average ChoiceOne Financial is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ChoiceOne Financial by adding it to a well-diversified portfolio.
Price Book
1.2844
Price Sales
3.6609
Shares Float
M
Dividend Share
1.08
Wall Street Target Price
37

ChoiceOne Financial Valuation on March 30, 2023

It is possible to determine the worth of ChoiceOne Financial on a given historical date. On March 30, 2023 ChoiceOne was worth 24.08 at the beginning of the trading date compared to the closed value of 23.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ChoiceOne Financial stock. Still, in general, we apply an absolute valuation method to find ChoiceOne Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ChoiceOne Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ChoiceOne Financial's related companies.
 Open High Low Close Volume
  24.41    24.41    23.66    23.95    12,428  
03/30/2023
  24.08    24.08    23.66    23.78    8,802  
  24.08    24.90    23.66    23.75    16,201  
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Open Value
24.08
23.78
Closing Value
30.54
Upside

ChoiceOne Financial Trading Date Momentum on March 30, 2023

On March 31 2023 ChoiceOne Financial Services was traded for  23.75  at the closing time. The top price for the day was 24.90  and the lowest listed price was  23.66 . The trading volume for the day was 16.2 K. The trading history from March 31, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.13% . The overall trading delta against the current closing price is 0.42% .

ChoiceOne Financial Fundamentals Correlations and Trends

By evaluating ChoiceOne Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ChoiceOne Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ChoiceOne financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ChoiceOne Financial Stock history

ChoiceOne Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ChoiceOne is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ChoiceOne Financial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ChoiceOne Financial stock prices may prove useful in developing a viable investing in ChoiceOne Financial
Last ReportedProjected for Next Year
Common Stock Shares Outstanding7.6 M3.9 M
Net Income Applicable To Common Shares27.2 M28.5 M

ChoiceOne Financial Stock Technical Analysis

ChoiceOne 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.
A focus of ChoiceOne Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ChoiceOne Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ChoiceOne Financial Period Price Range

Low
November 12, 2024
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High

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ChoiceOne Financial Services cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ChoiceOne Financial November 12, 2024 Market Strength

Market strength indicators help investors to evaluate how ChoiceOne Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ChoiceOne Financial shares will generate the highest return on investment. By undertsting and applying ChoiceOne Financial stock market strength indicators, traders can identify ChoiceOne Financial Services entry and exit signals to maximize returns

ChoiceOne Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ChoiceOne Financial's price direction in advance. Along with the technical and fundamental analysis of ChoiceOne Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ChoiceOne to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for ChoiceOne Stock Analysis

When running ChoiceOne Financial's price analysis, check to measure ChoiceOne 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 ChoiceOne Financial is operating at the current time. Most of ChoiceOne Financial's value examination focuses on studying past and present price action to predict the probability of ChoiceOne 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 ChoiceOne Financial's price. Additionally, you may evaluate how the addition of ChoiceOne Financial to your portfolios can decrease your overall portfolio volatility.