Shore Stock Market Value

SHBI -  USA Stock  

USD 19.18  0.02  0.10%

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


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.

Shore Bancshares '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 Shore Bancshares' 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 Shore Bancshares.
0.00
05/31/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
05/21/2022
0.00
If you would invest  0.00  in Shore Bancshares on May 31, 2020 and sell it all today you would earn a total of 0.00 from holding Shore Bancshares or generate 0.0% return on investment in Shore Bancshares over 720 days. Shore Bancshares is related to or competes with China Merchants, BRADESCO, Hdfc Bank, BRASIL ON, and US Bancorp. Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and...

Shore Bancshares 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 Shore Bancshares' 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 Shore Bancshares upside and downside potential and time the market with a certain degree of confidence.

Shore Bancshares Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Shore Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shore Bancshares' standard deviation. In reality, there are many statistical measures that can use Shore Bancshares historical prices to predict the future Shore Bancshares' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Shore Bancshares' 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 Shore Bancshares in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
18.1419.1920.24
Details
Intrinsic
Valuation
LowReal ValueHigh
17.2620.3221.37
Details
2 Analysts
Consensus
LowTarget PriceHigh
20.0021.0022.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
1.521.521.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shore Bancshares. Your research has to be compared to or analyzed against Shore Bancshares' peers to derive any actionable benefits. When done correctly, Shore Bancshares' 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 Shore Bancshares.

Shore Bancshares Backtested Returns

Shore Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had -0.11% 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-eight 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 (0.12), and Coefficient Of Variation of (1,113) to confirm the risk estimate we provide.
The entity has a beta of 0.3699, 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-eight different technical indicators, which can help you to evaluate its performance. Shore Bancshares has an expected return of -0.11%. Please be advised to validate Shore Bancshares semi variance, and the relationship between the maximum drawdown and accumulation distribution to decide if Shore Bancshares performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.90  

Excellent predictability

Shore Bancshares has excellent predictability. Overlapping area represents the amount of predictability between Shore Bancshares time series from 31st of May 2020 to 26th of May 2021 and 26th of May 2021 to 21st of May 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 Shore Bancshares price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Shore Bancshares price fluctuation can be explain by its past prices.
Correlation Coefficient0.9
Spearman Rank Test0.8
Residual Average0.0
Price Variance2.4

Shore Bancshares lagged returns against current returns

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

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

Shore Bancshares Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Shore Bancshares without increasing your portfolio risk or giving up 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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Currently Active Assets on Macroaxis

Additionally, take a look at Shore Bancshares Hype Analysis, Shore Bancshares Correlation, Shore Bancshares Valuation, Shore Bancshares Volatility, as well as analyze Shore Bancshares Alpha and Beta and Shore Bancshares Performance. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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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...