Shore Stock Performance

SHBI -  USA Stock  

USD 19.18  0.25  1.29%

The entity has a beta of 0.4207, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Shore's beta means in this case. As returns on the market increase, Shore Bancshares returns are expected to increase less than the market. However, during the bear market, the loss on holding Shore Bancshares will be expected to be smaller as well. Even though it is essential to pay attention to Shore Bancshares current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Shore Bancshares exposes twenty-six different technical indicators, which can help you to evaluate its performance. Shore Bancshares has an expected return of -0.13%. Please be advised to validate Shore Bancshares semi variance, and the relationship between the maximum drawdown and daily balance of power to decide if Shore Bancshares performance from the past will be repeated at some point in the near future.
  
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Shore Performance
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Over the last 90 days Shore Bancshares has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's fundamental drivers remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more

Shore Price Channel

Fifty Two Week Low16.25
Target High Price23.00
Payout Ratio43.24%
Fifty Two Week High23.19
Target Low Price23.00
Trailing Annual Dividend Yield2.51%

Shore Bancshares Relative Risk vs. Return Landscape

If you would invest  2,091  in Shore Bancshares on February 25, 2022 and sell it today you would lose (173.00)  from holding Shore Bancshares or give up 8.27% of portfolio value over 90 days. Shore Bancshares is currently does not generate positive expected returns and assumes 1.0795% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of stocks are less volatile than Shore, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Shore Bancshares is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.26 times less risky than the market. the firm trades about -0.12 of its potential returns per unit of risk. The DOW is currently generating roughly -0.09 of returns per unit of risk over similar time horizon.

Shore Bancshares Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Shore Bancshares' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shore Bancshares, and traders can use it to determine the average amount a Shore Bancshares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1196

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Estimated Market Risk
 1.08
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 9 %
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Expected Return
 -0.13
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 -0.12
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Based on monthly moving average Shore Bancshares is performing at about 0% of its full potential. 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 Shore Bancshares by adding it to a well-diversified portfolio.

About Shore Bancshares Performance

To evaluate Shore Bancshares Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Shore Bancshares generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Shore Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Shore Bancshares stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Shore's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Shore Bancshares

Checking the ongoing alerts about Shore Bancshares for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shore Bancshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Shore Bancshares Alerts

Equity Alerts and Improvement Suggestions

Shore Bancshares generated a negative expected return over the last 90 days
About 58.0% of the company shares are owned by institutional investors
Latest headline from www.gurufocus.com: Top 5 1st Quarter Trades of Fourthstone LLC - GuruFocus.com
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.
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.