Community Trust Bancorp Stock Market Value
| CTBI Stock | USD 59.21 0.86 1.43% |
| Symbol | Community |
Community Trust Bancorp Price To Book Ratio
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 Community Trust. If investors know Community 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 Community Trust 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 0.07 | Dividend Share 1.85 | Earnings Share 4.4 | Revenue Per Share 12.645 | Quarterly Revenue Growth 0.057 |
The market value of Community Trust Bancorp is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Trust's value that differs from its market value or its book value, called intrinsic value, which is Community Trust'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 Community Trust's market value can be influenced by many factors that don't directly affect Community Trust'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 Community Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Trust'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.
Community Trust '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 Community Trust'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 Community Trust.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Community Trust on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Community Trust Bancorp or generate 0.0% return on investment in Community Trust over 30 days. Community Trust is related to or competes with Home Bancorp, Heritage Financial, First Northwest, HomeTrust Bancshares, Lake Shore, Finward Bancorp, and Great Southern. Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc More
Community Trust 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 Community Trust'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 Community Trust Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0739 | |||
| Maximum Drawdown | 21.98 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 3.17 |
Community Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Community Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Community Trust's standard deviation. In reality, there are many statistical measures that can use Community Trust historical prices to predict the future Community Trust's volatility.| Risk Adjusted Performance | 0.1015 | |||
| Jensen Alpha | 0.0409 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1065 | |||
| Treynor Ratio | 0.1366 |
Community Trust Bancorp Backtested Returns
Community Trust appears to be very steady, given 3 months investment horizon. Community Trust Bancorp secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Community Trust Bancorp, which you can use to evaluate the volatility of the firm. Please makes use of Community Trust's Mean Deviation of 1.55, downside deviation of 1.8, and Risk Adjusted Performance of 0.1015 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Community Trust holds a performance score of 8. The firm shows a Beta (market volatility) of 2.27, 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, Community Trust will likely underperform. Please check Community Trust's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Community Trust's price patterns will revert.
Auto-correlation | -0.21 |
Weak reverse predictability
Community Trust Bancorp has weak reverse predictability. Overlapping area represents the amount of predictability between Community Trust time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 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 Community Trust Bancorp price movement. The serial correlation of -0.21 indicates that over 21.0% of current Community Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
Community Trust Bancorp lagged returns against current returns
Autocorrelation, which is Community Trust 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 Community Trust's stock expected returns. We can calculate the autocorrelation of Community Trust returns to help us make a trade decision. For example, suppose you find that Community Trust 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 |
Community Trust 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 Community Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Community Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Community Trust stock over time.
Current vs Lagged Prices |
| Timeline |
Community Trust Lagged Returns
When evaluating Community Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Community Trust stock have on its future price. Community Trust 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, Community Trust autocorrelation shows the relationship between Community Trust stock current value and its past values and can show if there is a momentum factor associated with investing in Community Trust Bancorp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Community Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community Trust'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 Community Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community Trust Bancorp Stock:Check out Community Trust Correlation, Community Trust Volatility and Community Trust Alpha and Beta module to complement your research on Community Trust. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Community Trust 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.