Bar Harbor Stock Market Value

BHB
 Stock
  

USD 26.47  0.61  2.36%   

Bar Harbor's market value is the price at which a share of Bar Harbor stock trades on a public exchange. It measures the collective expectations of Bar Harbor Bankshares investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Bar Harbor Bankshares and determine expected loss or profit from investing in Bar Harbor over a given investment horizon. Continue to Bar Harbor Hype Analysis, Bar Harbor Correlation, Bar Harbor Valuation, Bar Harbor Volatility, as well as analyze Bar Harbor Alpha and Beta and Bar Harbor Performance.
Symbol
Backtest


Is Bar Harbor'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 Bar Harbor. If investors know Bar Harbor 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 Bar Harbor 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
-0.048
Market Capitalization
397.4 M
Quarterly Revenue Growth YOY
-0.025
Return On Assets
0.0105
Return On Equity
0.0958
The market value of Bar Harbor Bankshares is measured differently than its book value, which is the value of Bar Harbor that is recorded on the company's balance sheet. Investors also form their own opinion of Bar Harbor's value that differs from its market value or its book value, called intrinsic value, which is Bar Harbor'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 Bar Harbor's market value can be influenced by many factors that don't directly affect Bar Harbor'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 Bar Harbor's value and its price as these two are different measures arrived at by different means. Investors typically determine Bar Harbor value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bar Harbor'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.

Bar Harbor '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 Bar Harbor'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 Bar Harbor.
0.00
01/04/2022
No Change 0.00  0.0 
In 5 months and 30 days
07/03/2022
0.00
If you would invest  0.00  in Bar Harbor on January 4, 2022 and sell it all today you would earn a total of 0.00 from holding Bar Harbor Bankshares or generate 0.0% return on investment in Bar Harbor over 180 days. Bar Harbor is related to or competes with ATT, Coca Cola, Dupont Denemours, Walmart, Chevron Corp, JP Morgan, and Caterpillar. Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank Trust that provides commercial, lending, retai...More

Bar Harbor 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 Bar Harbor'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 Bar Harbor Bankshares upside and downside potential and time the market with a certain degree of confidence.

Bar Harbor Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bar Harbor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bar Harbor's standard deviation. In reality, there are many statistical measures that can use Bar Harbor historical prices to predict the future Bar Harbor's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bar Harbor'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 Bar Harbor in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
24.4526.4728.49
Details
Intrinsic
Valuation
LowReal ValueHigh
23.8230.4932.51
Details
Naive
Forecast
LowNext ValueHigh
25.8927.9129.93
Details
2 Analysts
Consensus
LowTarget PriceHigh
34.0034.5035.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bar Harbor. Your research has to be compared to or analyzed against Bar Harbor's peers to derive any actionable benefits. When done correctly, Bar Harbor'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 Bar Harbor Bankshares.

Bar Harbor Bankshares Backtested Returns

Bar Harbor Bankshares secures Sharpe Ratio (or Efficiency) of -0.0369, which signifies that the company had -0.0369% 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. Bar Harbor Bankshares exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bar Harbor Bankshares risk adjusted performance of (0.09), and Mean Deviation of 1.47 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.8989, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Bar Harbor's beta means in this case. Bar Harbor returns are very sensitive to returns on the market. As the market goes up or down, Bar Harbor is expected to follow. Even though it is essential to pay attention to Bar Harbor Bankshares 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. Bar Harbor Bankshares exposes twenty-one different technical indicators, which can help you to evaluate its performance. Bar Harbor Bankshares has an expected return of -0.0744%. Please be advised to confirm Bar Harbor Bankshares value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Bar Harbor Bankshares performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.36  

Below average predictability

Bar Harbor Bankshares has below average predictability. Overlapping area represents the amount of predictability between Bar Harbor time series from 4th of January 2022 to 4th of April 2022 and 4th of April 2022 to 3rd of July 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 Bar Harbor Bankshares price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Bar Harbor price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.43
Residual Average0.0
Price Variance1.05

Bar Harbor Bankshares lagged returns against current returns

Autocorrelation, which is Bar Harbor 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 Bar Harbor's stock expected returns. We can calculate the autocorrelation of Bar Harbor returns to help us make a trade decision. For example, suppose you find that Bar Harbor 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 

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

Bar Harbor Lagged Returns

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

Bar Harbor Investors Sentiment

The influence of Bar Harbor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bar Harbor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bar Harbor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bar Harbor's short interest history, or implied volatility extrapolated from Bar Harbor options trading.

Current Sentiment - BHB

Bar Harbor Bankshares Investor Sentiment

Greater number of Macroaxis users are currently bullish on Bar Harbor Bankshares. What is your opinion about investing in Bar Harbor Bankshares? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Bar Harbor

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 Bar Harbor 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 Bar Harbor will appreciate offsetting losses from the drop in the long position's value.

Bar Harbor Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Bar Harbor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bar Harbor 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 Bar Harbor - 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 Bar Harbor Bankshares to buy it.
The correlation of Bar Harbor 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 Bar Harbor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bar Harbor Bankshares 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 Bar Harbor 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 Bar Harbor Hype Analysis, Bar Harbor Correlation, Bar Harbor Valuation, Bar Harbor Volatility, as well as analyze Bar Harbor Alpha and Beta and Bar Harbor Performance. Note that the Bar Harbor Bankshares information on this page should be used as a complementary analysis to other Bar Harbor's 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Bar Harbor 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 Bar Harbor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bar Harbor 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...