Banc Of Stock Market Value

BANC
 Stock
  

USD 16.45  0.15  0.90%   

Banc Of's market value is the price at which a share of Banc Of stock trades on a public exchange. It measures the collective expectations of Banc Of California investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Banc Of California and determine expected loss or profit from investing in Banc Of over a given investment horizon. Continue to Banc Of Correlation, Banc Of Volatility and Banc Of Alpha and Beta module to complement your research on Banc Of.
Symbol


Is Banc Of'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 Banc Of. If investors know Banc Of 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 Banc Of 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
(0.05) 
Market Capitalization
B
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0119
Return On Equity
0.12
The market value of Banc Of California is measured differently than its book value, which is the value of Banc Of that is recorded on the company's balance sheet. Investors also form their own opinion of Banc Of's value that differs from its market value or its book value, called intrinsic value, which is Banc Of'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 Banc Of's market value can be influenced by many factors that don't directly affect Banc Of'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 Banc Of's value and its price as these two are different measures arrived at by different means. Investors typically determine Banc Of value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banc Of'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.

Banc Of '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 Banc Of'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 Banc Of.
0.00
12/05/2021
No Change 0.00  0.0 
In 11 months and 27 days
11/30/2022
0.00
If you would invest  0.00  in Banc Of on December 5, 2021 and sell it all today you would earn a total of 0.00 from holding Banc Of California or generate 0.0% return on investment in Banc Of over 360 days. Banc Of is related to or competes with Bright Lights, BRADESCO, PNC Bank, and BRASIL ON. Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides... More

Banc Of 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 Banc Of'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 Banc Of California upside and downside potential and time the market with a certain degree of confidence.

Banc Of Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Banc Of's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banc Of's standard deviation. In reality, there are many statistical measures that can use Banc Of historical prices to predict the future Banc Of's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Banc Of'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. Please use the tools below to analyze the current value of Banc Of in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
14.5516.6018.65
Details
Intrinsic
Valuation
LowReal ValueHigh
14.9420.1322.18
Details
Naive
Forecast
LowNext ValueHigh
14.6216.6718.72
Details
6 Analysts
Consensus
LowTarget PriceHigh
21.0023.6725.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Banc Of. Your research has to be compared to or analyzed against Banc Of's peers to derive any actionable benefits. When done correctly, Banc Of's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Banc Of California.

Banc Of California Backtested Returns

Banc Of California secures Sharpe Ratio (or Efficiency) of -0.0073, which signifies that the company had -0.0073% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing 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. Banc Of California exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Banc Of California risk adjusted performance of (0.026847), and Mean Deviation of 1.4 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.0414, which signifies a somewhat significant risk relative to the market. Let's try to break down what Banc Of's beta means in this case. Banc Of returns are very sensitive to returns on the market. As the market goes up or down, Banc Of is expected to follow. Even though it is essential to pay attention to Banc Of California historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing 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. Banc Of California exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Banc Of California has an expected return of -0.015%. Please be advised to confirm Banc Of California downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness to decide if Banc Of California performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.61  

Good predictability

Banc Of California has good predictability. Overlapping area represents the amount of predictability between Banc Of time series from 5th of December 2021 to 3rd of June 2022 and 3rd of June 2022 to 30th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Banc Of California price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Banc Of price fluctuation can be explain by its past prices.
Correlation Coefficient0.61
Spearman Rank Test0.57
Residual Average0.0
Price Variance0.44

Banc Of California lagged returns against current returns

Autocorrelation, which is Banc Of 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 Banc Of's stock expected returns. We can calculate the autocorrelation of Banc Of returns to help us make a trade decision. For example, suppose you find that Banc Of stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Banc Of 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 Banc Of stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banc Of stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banc Of stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Banc Of Lagged Returns

When evaluating Banc Of's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banc Of stock have on its future price. Banc Of 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, Banc Of autocorrelation shows the relationship between Banc Of stock current value and its past values and can show if there is a momentum factor associated with investing in Banc Of California.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Banc Of without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Banc Of

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banc Of position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banc Of will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Banc Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banc Of when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banc Of - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banc Of California to buy it.
The correlation of Banc Of is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banc Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banc Of California moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banc Of can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Banc Of Correlation, Banc Of Volatility and Banc Of Alpha and Beta module to complement your research on Banc Of. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Banc Of California price analysis, check to measure Banc Of'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 Banc Of is operating at the current time. Most of Banc Of's value examination focuses on studying past and present price action to predict the probability of Banc Of's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Banc Of's price. Additionally, you may evaluate how the addition of Banc Of to your portfolios can decrease your overall portfolio volatility.
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Banc Of 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 Banc Of technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Banc Of 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...