Shore Stock Price on November 1, 2021 Breakdown

SHBI
 Stock
  

USD 18.59  0.09  0.49%   

As of today, the current price of Shore Bancshares is  18.59 , as last reported on the 5th of July, with the highest price reaching  18.68  and the lowest price hitting  18.32  during the day.
Shore Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0619, which indicates the firm had -0.0619% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Shore Bancshares exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Shore Bancshares risk adjusted performance of (0.16), and Coefficient Of Variation of (898.87) to confirm the risk estimate we provide.
  
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The current Net Income Common Stock is estimated to decrease to about 7.3 M. The current Price to Book Value is estimated to increase to 1.25. The current Price to Earnings Ratio is estimated to increase to 24.11. Shore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
15.5 M
Shares Outstanding
19.8 M
Shares Short Prior Month
146.2 K
Dividend Share
0.48
Earnings Share
1.11
Shares Short
189.9 K
Revenue Per Share
5.94

Shore Bancshares Valuation on November 1, 2021

It is possible to determine the worth of Shore Bancshares on a given historical date. On November 1, 2021 Shore was worth 18.49 at the beginning of the trading date compared to the closed value of 18.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shore Bancshares stock. Still, in general, we apply an absolute valuation method to find Shore Bancshares' 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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shore Bancshares' related companies.
 Open High Low Close Volume
  18.22    18.88    18.22    18.15    67,534  
11/01/2021
  18.49    18.91    18.49    18.57    36,244  
  19.03    19.32    18.91    18.64    19,821  
Backtest Shore Bancshares  |  Shore Bancshares History  |  Shore Bancshares Valuation   PreviousNext  
Open Value 18.49
18.57
Closing Value
22.84
Upside

Shore Bancshares Trading Date Momentum on November 1, 2021

On November 02 2021 Shore Bancshares was traded for  18.64  at the closing time. The top price for the day was 19.32  and the lowest listed price was  18.91 . The trading volume for the day was 19.8 K. The trading history from November 2, 2021 was a factor to the next trading day price rise. The trading price change against the next closing price was 0.38% . The trading price change against the current closing price is 6.57% .

Shore Bancshares Fundamentals Correlations and Trends

By evaluating Shore Bancshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shore Bancshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shore financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shore Bancshares Stock history

Shore Bancshares 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 Shore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shore Bancshares 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 Shore Bancshares historical stock prices may prove useful in developing a viable investing in Shore Bancshares
Last ReportedProjected for 2022
Weighted Average Shares13.1 M11.6 M
Weighted Average Shares Diluted13.1 M11.6 M
Issuance Purchase of Equity Shares28.2 M30.4 M
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. The company was founded in 1876 and is headquartered in Easton, Maryland. Shore Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 454 people.

Shore Bancshares Stock Technical Analysis

Shore Bancshares 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.
A focus of Shore Bancshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shore Bancshares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shore Bancshares Period Price Range

Low
November 1, 2021
High

 18.49 

  

 18.57 

0.080.43%

Shore Bancshares July 5, 2022 Market Strength

Market strength indicators help investors to evaluate how Shore Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shore Bancshares shares will generate the highest return on investment. By undertsting and applying Shore Bancshares stock market strength indicators, traders can identify Shore Bancshares entry and exit signals to maximize returns

Shore Bancshares Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shore stock's direction in advance. Along with the technical and fundamental analysis of Shore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shore 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 stock 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.
Additionally, take a look at World Market Map. Note that the Shore Bancshares information on this page should be used as a complementary analysis to other Shore Bancshares' 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Shore Stock analysis

When running Shore Bancshares price analysis, check to measure Shore Bancshares' 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 Shore Bancshares is operating at the current time. Most of Shore Bancshares' value examination focuses on studying past and present price action to predict the probability of Shore Bancshares' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shore Bancshares' price. Additionally, you may evaluate how the addition of Shore Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Shore Bancshares' 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 Shore Bancshares. If investors know Shore 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 Shore Bancshares 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 YOY
-0.18
Market Capitalization
368.9 M
Quarterly Revenue Growth YOY
0.75
Return On Assets
0.0061
Return On Equity
0.062
The market value of Shore Bancshares is measured differently than its book value, which is the value of Shore that is recorded on the company's balance sheet. Investors also form their own opinion of Shore Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Shore Bancshares' 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 Shore Bancshares' market value can be influenced by many factors that don't directly affect Shore Bancshares' 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 Shore Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine Shore Bancshares value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shore Bancshares' 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.