Evans Common Stock Total Equity vs Other Stockholder Equity Analysis
EVBN Stock | USD 44.59 0.36 0.81% |
Evans Bancorp financial indicator trend analysis is much more than just examining Evans Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evans Bancorp is a good investment. Please check the relationship between Evans Bancorp Common Stock Total Equity and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evans Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.
Common Stock Total Equity vs Other Stockholder Equity
Common Stock Total Equity vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evans Bancorp Common Stock Total Equity account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Evans Bancorp's Common Stock Total Equity and Other Stockholder Equity is 0.94. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Evans Bancorp, assuming nothing else is changed. The correlation between historical values of Evans Bancorp's Common Stock Total Equity and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Evans Bancorp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Total Equity i.e., Evans Bancorp's Common Stock Total Equity and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Other Stockholder Equity
Most indicators from Evans Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evans Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evans Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.At this time, Evans Bancorp's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 9th of December 2024, Enterprise Value is likely to grow to about 355.3 M, while Selling General Administrative is likely to drop about 21.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.8M | 6.5M | 35.6M | 37.4M | Depreciation And Amortization | 2.3M | 1.6M | 1.6M | 1.3M |
Evans Bancorp fundamental ratios Correlations
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Evans Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Evans Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 2.0B | 2.2B | 2.2B | 2.1B | 2.2B | |
Total Stockholder Equity | 149.3M | 168.9M | 183.9M | 154.0M | 178.2M | 187.1M | |
Property Plant And Equipment Net | 3.7M | 24.6M | 22.6M | 21.4M | 19.2M | 10.8M | |
Net Debt | (10.9M) | (4.2M) | (167.0M) | 225.0M | 166.4M | 174.7M | |
Retained Earnings | 85.3M | 90.5M | 108.0M | 123.4M | 138.6M | 145.6M | |
Cash | 38.9M | 83.9M | 234.9M | 6.3M | 23.5M | 31.7M | |
Non Current Assets Total | 146.6M | 206.1M | 346.1M | 406.6M | 2.1B | 2.2B | |
Non Currrent Assets Other | (7.6M) | (12.0M) | (11.0M) | (26.1M) | 2.1B | 2.2B | |
Other Assets | 1.1B | 1.6B | 1.3B | 1.4B | 1.0 | 0.95 | |
Cash And Short Term Investments | 166.8M | 246.3M | 540.9M | 387.4M | 23.5M | 22.3M | |
Common Stock Total Equity | 2.5M | 3.5M | 2.7M | 2.8M | 3.2M | 1.9M | |
Common Stock Shares Outstanding | 5.0M | 5.3M | 5.5M | 5.5M | 5.5M | 4.0M | |
Liabilities And Stockholders Equity | 1.5B | 2.0B | 2.2B | 2.2B | 2.1B | 2.2B | |
Other Stockholder Equity | 64.2M | 76.4M | 78.8M | 77.1M | 79.1M | 41.4M | |
Total Liab | 1.3B | 1.9B | 68.0M | 2.0B | 1.9B | 2.0B | |
Property Plant And Equipment Gross | 17.5M | 44.6M | 32.9M | 33.0M | 31.7M | 33.3M | |
Total Current Assets | 175.5M | 260.0M | 540.9M | 387.4M | 23.5M | 22.3M | |
Accumulated Other Comprehensive Income | (2.6M) | (719K) | (5.7M) | (49.3M) | (42.3M) | (40.2M) | |
Common Stock | 2.5M | 2.7M | 2.7M | 2.8M | 2.8M | 1.9M | |
Short Long Term Debt Total | 27.9M | 81.3M | 69.1M | 231.2M | 189.8M | 199.3M | |
Total Current Liabilities | 5.9M | 6.6M | 5.2M | 4.7M | 4.1M | 3.9M | |
Non Current Liabilities Total | 27.9M | 79.7M | 68.0M | 2.0B | 1.9B | 2.0B | |
Short Term Debt | 4.2M | 5.7M | 5.2M | 4.7M | 155.5M | 163.3M | |
Other Liab | 8.4M | 11.5M | 21.7M | 16.9M | 19.4M | 11.4M | |
Accounts Payable | 5.9M | 6.6M | 1.9B | 1.8B | 2.0B | 2.1B | |
Good Will | 13.0M | 12.5M | 12.7M | 12.7M | 1.8M | 1.7M | |
Short Term Investments | 127.9M | 162.4M | 306.0M | 364.3M | 275.7M | 289.5M | |
Intangible Assets | 555K | 3.2M | 1.6M | 1.2M | 94K | 89.3K | |
Property Plant Equipment | 13.8M | 24.6M | 17.8M | 17.0M | 19.5M | 11.6M | |
Other Current Assets | 48.9M | 112.8M | 244.8M | 23.1M | 23.5M | 24.6M | |
Other Current Liab | (5.9M) | (6.6M) | 1.9B | 1.8B | (151.5M) | (143.9M) | |
Net Tangible Assets | 135.9M | 154.0M | 169.6M | 140.1M | 161.1M | 117.0M | |
Retained Earnings Total Equity | 85.3M | 90.5M | 108.0M | 123.4M | 141.9M | 71.2M | |
Capital Surpluse | 63.3M | 76.4M | 78.8M | 81.0M | 93.2M | 62.1M | |
Long Term Investments | 1.2B | 166.6M | 309.1M | 371.3M | 277.7M | 535.8M | |
Non Current Liabilities Other | 23.0M | 28.2M | 25.9M | 28.8M | 33.1M | 28.7M |
Pair Trading with Evans Bancorp
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 Evans Bancorp 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 Evans Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Evans Stock
Moving against Evans Stock
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The ability to find closely correlated positions to Evans Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evans Bancorp 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 Evans Bancorp - 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 Evans Bancorp to buy it.
The correlation of Evans Bancorp 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 Evans Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evans Bancorp 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 Evans Bancorp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evans Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space 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 Evans Bancorp. If investors know Evans 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 Evans 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 (0.20) | Dividend Share 1.32 | Earnings Share 3.35 | Revenue Per Share 14.907 | Quarterly Revenue Growth (0.1) |
The market value of Evans Bancorp is measured differently than its book value, which is the value of Evans that is recorded on the company's balance sheet. Investors also form their own opinion of Evans Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Evans 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 Evans Bancorp's market value can be influenced by many factors that don't directly affect Evans 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 Evans Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evans Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evans 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.