Meridian Bank Stock Market Value
| MRBK Stock | USD 10.60 0.02 0.19% |
| Symbol | Meridian |
Meridian Bank 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 Meridian Bank. If investors know Meridian 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 Meridian Bank 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 (0.29) | Dividend Share 0.5 | Earnings Share 1.06 | Revenue Per Share 8.393 | Quarterly Revenue Growth (0.05) |
The market value of Meridian Bank is measured differently than its book value, which is the value of Meridian that is recorded on the company's balance sheet. Investors also form their own opinion of Meridian Bank's value that differs from its market value or its book value, called intrinsic value, which is Meridian Bank'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 Meridian Bank's market value can be influenced by many factors that don't directly affect Meridian Bank'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 Meridian Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridian Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridian Bank'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.
Meridian Bank '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 Meridian Bank'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 Meridian Bank.
| 05/06/2024 |
| 06/05/2024 |
If you would invest 0.00 in Meridian Bank on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Meridian Bank or generate 0.0% return on investment in Meridian Bank over 30 days. Meridian Bank is related to or competes with Community West, Investar Holding, Finward Bancorp, First Financial, First Northwest, Home Federal, and HMN Financial. Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and ser... More
Meridian Bank 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 Meridian Bank'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 Meridian Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.2 | |||
| Information Ratio | 0.0895 | |||
| Maximum Drawdown | 12.21 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.71 |
Meridian Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridian Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meridian Bank's standard deviation. In reality, there are many statistical measures that can use Meridian Bank historical prices to predict the future Meridian Bank's volatility.| Risk Adjusted Performance | 0.0689 | |||
| Jensen Alpha | 0.1765 | |||
| Total Risk Alpha | 0.1516 | |||
| Sortino Ratio | 0.0779 | |||
| Treynor Ratio | 0.4231 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meridian Bank'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.
Meridian Bank Backtested Returns
We consider Meridian Bank not too volatile. Meridian Bank has Sharpe Ratio of 0.0581, which conveys that the firm had a 0.0581% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Meridian Bank, which you can use to evaluate the volatility of the firm. Please verify Meridian Bank's Risk Adjusted Performance of 0.0689, mean deviation of 1.27, and Downside Deviation of 2.2 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Meridian Bank has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Meridian Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Meridian Bank is expected to be smaller as well. Meridian Bank right now secures a risk of 1.9%. Please verify Meridian Bank semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Meridian Bank will be following its current price movements.
Auto-correlation | 0.88 |
Very good predictability
Meridian Bank has very good predictability. Overlapping area represents the amount of predictability between Meridian Bank time series from 6th of May 2024 to 21st of May 2024 and 21st of May 2024 to 5th of June 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 Meridian Bank price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Meridian Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Meridian Bank lagged returns against current returns
Autocorrelation, which is Meridian Bank 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 Meridian Bank's stock expected returns. We can calculate the autocorrelation of Meridian Bank returns to help us make a trade decision. For example, suppose you find that Meridian Bank 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 |
Meridian Bank 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 Meridian Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meridian Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meridian Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Meridian Bank Lagged Returns
When evaluating Meridian Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meridian Bank stock have on its future price. Meridian Bank 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, Meridian Bank autocorrelation shows the relationship between Meridian Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Meridian Bank.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Meridian Stock
When determining whether Meridian Bank is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Meridian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Meridian Bank Stock. Highlighted below are key reports to facilitate an investment decision about Meridian Bank Stock:Check out Meridian Bank Correlation, Meridian Bank Volatility and Meridian Bank Alpha and Beta module to complement your research on Meridian Bank. For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Meridian Bank 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.