Enterprise Bancorp Stock Market Value
| EBTC Stock | USD 37.35 0.19 0.51% |
| Symbol | Enterprise |
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 Enterprise Bancorp. If investors know Enterprise 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 Enterprise Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise 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 Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise 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 Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise 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.
Enterprise Bancorp '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 Enterprise Bancorp'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 Enterprise Bancorp.
| 11/25/2022 |
| 11/14/2024 |
If you would invest 0.00 in Enterprise Bancorp on November 25, 2022 and sell it all today you would earn a total of 0.00 from holding Enterprise Bancorp or generate 0.0% return on investment in Enterprise Bancorp over 720 days. Enterprise Bancorp is related to or competes with Home Federal, First Northwest, Community West, First Financial, Great Southern, First Capital, and HomeTrust Bancshares. Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company that provides commercial b... More
Enterprise Bancorp 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 Enterprise Bancorp'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 Enterprise Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.1539 | |||
| Maximum Drawdown | 17.53 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 4.1 |
Enterprise Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enterprise Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enterprise Bancorp's standard deviation. In reality, there are many statistical measures that can use Enterprise Bancorp historical prices to predict the future Enterprise Bancorp's volatility.| Risk Adjusted Performance | 0.172 | |||
| Jensen Alpha | 0.1837 | |||
| Total Risk Alpha | 0.0556 | |||
| Sortino Ratio | 0.27 | |||
| Treynor Ratio | 0.2229 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enterprise Bancorp'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.
Enterprise Bancorp Backtested Returns
Enterprise Bancorp appears to be very steady, given 3 months investment horizon. Enterprise Bancorp secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Enterprise Bancorp, which you can use to evaluate the volatility of the firm. Please utilize Enterprise Bancorp's Downside Deviation of 1.41, coefficient of variation of 461.45, and Mean Deviation of 1.54 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Enterprise Bancorp holds a performance score of 15. The firm shows a Beta (market volatility) of 2.35, which means 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, Enterprise Bancorp will likely underperform. Please check Enterprise Bancorp's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Enterprise Bancorp's price patterns will revert.
Auto-correlation | -0.09 |
Very weak reverse predictability
Enterprise Bancorp has very weak reverse predictability. Overlapping area represents the amount of predictability between Enterprise Bancorp time series from 25th of November 2022 to 20th of November 2023 and 20th of November 2023 to 14th 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 Enterprise Bancorp price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Enterprise Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 11.25 |
Enterprise Bancorp lagged returns against current returns
Autocorrelation, which is Enterprise Bancorp 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 Enterprise Bancorp's stock expected returns. We can calculate the autocorrelation of Enterprise Bancorp returns to help us make a trade decision. For example, suppose you find that Enterprise Bancorp 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 |
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Enterprise Bancorp 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 Enterprise Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enterprise Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enterprise Bancorp stock over time.
Current vs Lagged Prices |
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Enterprise Bancorp Lagged Returns
When evaluating Enterprise Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enterprise Bancorp stock have on its future price. Enterprise Bancorp 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, Enterprise Bancorp autocorrelation shows the relationship between Enterprise Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Enterprise Bancorp.
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 Enterprise Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enterprise Bancorp'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 Enterprise Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enterprise Bancorp Stock:Check out Enterprise Bancorp Correlation, Enterprise Bancorp Volatility and Enterprise Bancorp Alpha and Beta module to complement your research on Enterprise Bancorp. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Enterprise Bancorp 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.