Oak Valley Bancorp Stock Market Value
| OVLY Stock | USD 29.70 0.84 2.91% |
| Symbol | Oak |
Oak Valley 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 Oak Valley. If investors know Oak 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 Oak Valley listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.45 | Earnings Share 3.02 | Revenue Per Share 9.433 | Quarterly Revenue Growth 0.045 | Return On Assets 0.0134 |
The market value of Oak Valley Bancorp is measured differently than its book value, which is the value of Oak that is recorded on the company's balance sheet. Investors also form their own opinion of Oak Valley's value that differs from its market value or its book value, called intrinsic value, which is Oak Valley'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 Oak Valley's market value can be influenced by many factors that don't directly affect Oak Valley'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 Oak Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oak Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oak Valley'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.
Oak Valley '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 Oak Valley'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 Oak Valley.
| 05/16/2024 |
| 11/12/2024 |
If you would invest 0.00 in Oak Valley on May 16, 2024 and sell it all today you would earn a total of 0.00 from holding Oak Valley Bancorp or generate 0.0% return on investment in Oak Valley over 180 days. Oak Valley is related to or competes with Home Federal, Lake Shore, Community West, Magyar Bancorp, First Financial, First Capital, and HomeTrust Bancshares. Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercia... More
Oak Valley 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 Oak Valley'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 Oak Valley Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | 0.0137 | |||
| Maximum Drawdown | 11.9 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 5.14 |
Oak Valley Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oak Valley's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oak Valley's standard deviation. In reality, there are many statistical measures that can use Oak Valley historical prices to predict the future Oak Valley's volatility.| Risk Adjusted Performance | 0.0699 | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0167 | |||
| Treynor Ratio | 0.0999 |
Oak Valley Bancorp Backtested Returns
Oak Valley appears to be very steady, given 3 months investment horizon. Oak Valley Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Oak Valley Bancorp, which you can use to evaluate the volatility of the company. Please evaluate Oak Valley's Semi Deviation of 1.88, coefficient of variation of 1210.94, and Risk Adjusted Performance of 0.0699 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oak Valley holds a performance score of 9. The company holds a Beta of 2.02, which implies 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, Oak Valley will likely underperform. Please check Oak Valley's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Oak Valley's historical price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
Oak Valley Bancorp has below average predictability. Overlapping area represents the amount of predictability between Oak Valley time series from 16th of May 2024 to 14th of August 2024 and 14th of August 2024 to 12th 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 Oak Valley Bancorp price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Oak Valley price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
Oak Valley Bancorp lagged returns against current returns
Autocorrelation, which is Oak Valley 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 Oak Valley's stock expected returns. We can calculate the autocorrelation of Oak Valley returns to help us make a trade decision. For example, suppose you find that Oak Valley 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 |
Oak Valley 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 Oak Valley stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oak Valley stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oak Valley stock over time.
Current vs Lagged Prices |
| Timeline |
Oak Valley Lagged Returns
When evaluating Oak Valley's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oak Valley stock have on its future price. Oak Valley 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, Oak Valley autocorrelation shows the relationship between Oak Valley stock current value and its past values and can show if there is a momentum factor associated with investing in Oak Valley Bancorp.
Regressed Prices |
| Timeline |
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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.Additional Tools for Oak Stock Analysis
When running Oak Valley's price analysis, check to measure Oak Valley'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 Oak Valley is operating at the current time. Most of Oak Valley's value examination focuses on studying past and present price action to predict the probability of Oak Valley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oak Valley's price. Additionally, you may evaluate how the addition of Oak Valley to your portfolios can decrease your overall portfolio volatility.