Community West Bancshares Stock Market Value
| CWBC Stock | USD 17.22 0.05 0.29% |
| Symbol | Community |
Community West Bancshares Price To Book Ratio
Is Community West'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 Community West. 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 West 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 (0.48) | Dividend Share 0.48 | Earnings Share 1.88 | Revenue Per Share 7.389 | Quarterly Revenue Growth (0.11) |
The market value of Community West Bancshares 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 West's value that differs from its market value or its book value, called intrinsic value, which is Community West'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 West's market value can be influenced by many factors that don't directly affect Community West'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 West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community West'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 West '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 West'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 West.
| 04/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in Community West on April 23, 2024 and sell it all today you would earn a total of 0.00 from holding Community West Bancshares or generate 0.0% return on investment in Community West over 30 days. Community West is related to or competes with HUMANA, Small Cap, High Yield, Knife River, Ampleforth, CarMax, and SEI Investments. Community West Bancshares operates as the bank holding company for Community West Bank, N.A More
Community West 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 West'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 West Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.0749 | |||
| Maximum Drawdown | 33.38 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 1.97 |
Community West Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Community West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Community West's standard deviation. In reality, there are many statistical measures that can use Community West historical prices to predict the future Community West's volatility.| Risk Adjusted Performance | 0.0635 | |||
| Jensen Alpha | 0.3688 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1862 | |||
| Treynor Ratio | (1.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Community West'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.
Community West Bancshares Backtested Returns
Community West appears to be not too volatile, given 3 months investment horizon. Community West Bancshares secures Sharpe Ratio (or Efficiency) of 0.0943, which signifies that the company had a 0.0943% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Community West Bancshares, which you can use to evaluate the volatility of the firm. Please makes use of Community West's Downside Deviation of 1.51, risk adjusted performance of 0.0635, and Mean Deviation of 1.37 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Community West holds a performance score of 7. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Community West are expected to decrease at a much lower rate. During the bear market, Community West is likely to outperform the market. Please check Community West'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 West's price patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
Community West Bancshares has modest predictability. Overlapping area represents the amount of predictability between Community West time series from 23rd of April 2024 to 8th of May 2024 and 8th of May 2024 to 23rd of May 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 West Bancshares price movement. The serial correlation of 0.54 indicates that about 54.0% of current Community West price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Community West Bancshares lagged returns against current returns
Autocorrelation, which is Community West 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 West's stock expected returns. We can calculate the autocorrelation of Community West returns to help us make a trade decision. For example, suppose you find that Community West 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 West 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 West stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Community West stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Community West stock over time.
Current vs Lagged Prices |
| Timeline |
Community West Lagged Returns
When evaluating Community West's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Community West stock have on its future price. Community West 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 West autocorrelation shows the relationship between Community West stock current value and its past values and can show if there is a momentum factor associated with investing in Community West Bancshares.
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 Community West Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community West'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 West Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community West Bancshares Stock:Check out Community West Correlation, Community West Volatility and Community West Alpha and Beta module to complement your research on Community West. Note that the Community West Bancshares information on this page should be used as a complementary analysis to other Community West's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Community Stock analysis
When running Community West's price analysis, check to measure Community West'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 Community West is operating at the current time. Most of Community West's value examination focuses on studying past and present price action to predict the probability of Community West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community West's price. Additionally, you may evaluate how the addition of Community West to your portfolios can decrease your overall portfolio volatility.
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Community West 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.