Nbt Bancorp Stock Market Value
| NBTB Stock | USD 35.63 0.46 1.27% |
| Symbol | NBT |
NBT 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 NBT Bancorp. If investors know NBT 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 NBT 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 (0.09) | Dividend Share 1.26 | Earnings Share 2.58 | Revenue Per Share 11.028 | Quarterly Revenue Growth 0.101 |
The market value of NBT Bancorp is measured differently than its book value, which is the value of NBT that is recorded on the company's balance sheet. Investors also form their own opinion of NBT Bancorp's value that differs from its market value or its book value, called intrinsic value, which is NBT 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 NBT Bancorp's market value can be influenced by many factors that don't directly affect NBT 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 NBT Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NBT Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NBT 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.
NBT 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 NBT 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 NBT Bancorp.
| 03/07/2024 |
| 06/05/2024 |
If you would invest 0.00 in NBT Bancorp on March 7, 2024 and sell it all today you would earn a total of 0.00 from holding NBT Bancorp or generate 0.0% return on investment in NBT Bancorp over 90 days. NBT Bancorp is related to or competes with Oak Valley, Cullman Bancorp, Home Federal, Finward Bancorp, Community West, First Financial, and Northfield Bancorp. NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management servic... More
NBT 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 NBT 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 NBT Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.0362 | |||
| Maximum Drawdown | 10.35 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 3.5 |
NBT Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NBT Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NBT Bancorp's standard deviation. In reality, there are many statistical measures that can use NBT Bancorp historical prices to predict the future NBT Bancorp's volatility.| Risk Adjusted Performance | 0.0359 | |||
| Jensen Alpha | 0.0594 | |||
| Total Risk Alpha | 0.0469 | |||
| Sortino Ratio | 0.0404 | |||
| Treynor Ratio | 0.048 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NBT 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.
NBT Bancorp Backtested Returns
We consider NBT Bancorp very steady. NBT Bancorp has Sharpe Ratio of 0.0267, which conveys that the company had a 0.0267% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for NBT Bancorp, which you can use to evaluate the volatility of the entity. Please verify NBT Bancorp's mean deviation of 1.28, and Downside Deviation of 1.59 to check out if the risk estimate we provide is consistent with the expected return of 0.0477%. NBT Bancorp has a performance score of 2 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of 1.54, which conveys 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, NBT Bancorp will likely underperform. NBT Bancorp currently secures a risk of 1.79%. Please verify NBT Bancorp expected short fall, and the relationship between the value at risk and daily balance of power , to decide if NBT Bancorp will be following its current price movements.
Auto-correlation | 0.57 |
Modest predictability
NBT Bancorp has modest predictability. Overlapping area represents the amount of predictability between NBT Bancorp time series from 7th of March 2024 to 21st of April 2024 and 21st of April 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 NBT Bancorp price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current NBT Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
NBT Bancorp lagged returns against current returns
Autocorrelation, which is NBT 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 NBT Bancorp's stock expected returns. We can calculate the autocorrelation of NBT Bancorp returns to help us make a trade decision. For example, suppose you find that NBT 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 |
| Timeline |
NBT 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 NBT Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NBT Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NBT Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
NBT Bancorp Lagged Returns
When evaluating NBT Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NBT Bancorp stock have on its future price. NBT 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, NBT Bancorp autocorrelation shows the relationship between NBT Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in NBT 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.Additional Information and Resources on Investing in NBT Stock
When determining whether NBT Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NBT 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 Nbt Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nbt Bancorp Stock:Check out NBT Bancorp Correlation, NBT Bancorp Volatility and NBT Bancorp Alpha and Beta module to complement your research on NBT Bancorp. For information on how to trade NBT Stock refer to our How to Trade NBT Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
NBT 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.