Essa Bancorp Stock Price on February 9, 2024
| ESSA Stock | USD 17.34 0.17 0.99% |
Below is the normalized historical share price chart for ESSA Bancorp extending back to April 04, 2007. 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 ESSA Bancorp stands at 17.34, as last reported on the 11th of May 2024, with the highest price reaching 17.34 and the lowest price hitting 16.98 during the day.
If you're considering investing in ESSA Stock, it is important to understand the factors that can impact its price. ESSA Bancorp secures Sharpe Ratio (or Efficiency) of -0.0098, which denotes the company had a -0.0098% return per unit of volatility over the last 3 months. ESSA Bancorp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ESSA Bancorp's Mean Deviation of 2.18, market risk adjusted performance of 1.09, and Standard Deviation of 2.82 to check the risk estimate we provide.
At present, ESSA Bancorp's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 73.9 M, whereas Total Stockholder Equity is forecasted to decline to about 170.2 M. . At present, ESSA Bancorp's Price To Sales Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 50.19, whereas Price Earnings To Growth Ratio is projected to grow to (0.92). ESSA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of April 2007 | 200 Day MA 17.1188 | 50 Day MA 17.185 | Beta 0.356 |
ESSA |
Sharpe Ratio = -0.0098
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| Negative Returns | ESSA |
Estimated Market Risk
| 2.83 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ESSA Bancorp is not performing at its full potential. However, 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 ESSA Bancorp by adding ESSA Bancorp to a well-diversified portfolio.
Price Book 0.7379 | Price Sales 2.3756 | Shares Float 6.8 M | Dividend Share 0.6 | Wall Street Target Price 19 |
ESSA Bancorp Valuation on February 9, 2024
It is possible to determine the worth of ESSA Bancorp on a given historical date. On February 9, 2024 ESSA was worth 18.08 at the beginning of the trading date compared to the closed value of 17.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ESSA Bancorp stock. Still, in general, we apply an absolute valuation method to find ESSA Bancorp'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 ESSA Bancorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ESSA Bancorp's related companies.
| Open | High | Low | Close | Volume | |
| 17.79 | 17.99 | 17.66 | 17.66 | 18,831 | |
02/09/2024 | 18.08 | 18.23 | 17.78 | 17.78 | 9,031 |
| 17.89 | 18.77 | 17.89 | 18.09 | 12,354 |
| Backtest ESSA Bancorp | | | ESSA Bancorp History | | | ESSA Bancorp Valuation | Previous | Next |
ESSA Bancorp Trading Date Momentum on February 9, 2024
| On February 12 2024 ESSA Bancorp was traded for 18.09 at the closing time. The top price for the day was 18.77 and the lowest listed price was 17.89 . The trading volume for the day was 12.4 K. The trading history from February 12, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.74% . The overall trading delta against the current closing price is 3.71% . |
ESSA Bancorp Fundamentals Correlations and Trends
By evaluating ESSA Bancorp'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 ESSA Bancorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ESSA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ESSA Bancorp Stock history
ESSA Bancorp 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 ESSA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ESSA Bancorp 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 ESSA Bancorp stock prices may prove useful in developing a viable investing in ESSA Bancorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.8 M | 10.2 M | |
| Net Income Applicable To Common Shares | 23.1 M | 24.2 M |
ESSA Bancorp Stock Technical Analysis
ESSA 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.
Price Boundaries
ESSA Bancorp Period Price Range
Low | February 9, 2024
| High |
18.08 | 17.78 |
ESSA Bancorp May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ESSA Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ESSA Bancorp shares will generate the highest return on investment. By undertsting and applying ESSA Bancorp stock market strength indicators, traders can identify ESSA Bancorp entry and exit signals to maximize returns
| Accumulation Distribution | 222.93 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 18.01 | |||
| Day Typical Price | 17.93 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.37) | |||
| Period Momentum Indicator | (0.44) | |||
| Relative Strength Index | 51.56 |
ESSA Bancorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ESSA Bancorp's price direction in advance. Along with the technical and fundamental analysis of ESSA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ESSA 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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 1.08 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for ESSA Stock analysis
When running ESSA Bancorp's price analysis, check to measure ESSA Bancorp'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 ESSA Bancorp is operating at the current time. Most of ESSA Bancorp's value examination focuses on studying past and present price action to predict the probability of ESSA Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESSA Bancorp's price. Additionally, you may evaluate how the addition of ESSA Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is ESSA Bancorp's industry 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 ESSA Bancorp. If investors know ESSA 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 ESSA 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) | Dividend Share 0.6 | Earnings Share 1.86 | Revenue Per Share 7.131 | Quarterly Revenue Growth 0.019 |
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA 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 ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA 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 ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA 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.