Shore Stock Performance

SHBI -  USA Stock  

USD 19.82  0.17  0.85%

Shore Bancshares has performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.7688, 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. Although it is extremely important to respect Shore Bancshares current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Shore Bancshares technical indicators, you can presently evaluate if the expected return of 0.0838% will be sustainable into the future. Shore Bancshares right now has a risk of 1.28%. Please validate Shore Bancshares semi variance, and the relationship between the maximum drawdown and accumulation distribution to decide if Shore Bancshares will be following its existing price patterns.

Shore Stock Performance 

 
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Shore Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Shore Bancshares are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable fundamental drivers, Shore Bancshares is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more

Shore Price Channel

Fifty Two Week Low12.99
Target High Price22.00
Payout Ratio34.29%
Fifty Two Week High23.19
Target Low Price22.00
Trailing Annual Dividend Yield2.38%

Shore Bancshares Relative Risk vs. Return Landscape

If you would invest  1,891  in Shore Bancshares on October 30, 2021 and sell it today you would earn a total of  91.00  from holding Shore Bancshares or generate 4.81% return on investment over 90 days. Shore Bancshares is currently generating 0.0838% in daily expected returns and assumes 1.2818% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% 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 generate 1.52 times more return on investment than the market. However, the company is 1.52 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of risk.

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 = 0.0654

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Estimated Market Risk
 1.28
  actual daily
 
 11 %
of total potential
 
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Expected Return
 0.08
  actual daily
 
 1 %
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11
Risk-Adjusted Return
 0.07
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 4 %
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Based on monthly moving average Shore Bancshares is performing at about 4% 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.
Last ReportedProjected for 2022
Return on Average Assets 0.81  0.87 
Return on Average Equity 7.30  7.88 
Return on Invested Capital 0.0126  0.0124 
Return on Sales 0.27  0.22 
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 287 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

About 13.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.nasdaq.com: Is Sorrento Therapeutics Using Debt Sensibly - Nasdaq
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.