Washington Trust Bancorp Stock Market Value
| WASH Stock | USD 29.08 0.01 0.03% |
| Symbol | Washington |
Is Regional Banks space 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 Washington Trust. If investors know Washington 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 Washington Trust 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 (0.02) | Dividend Share 2.24 | Earnings Share (1.64) | Revenue Per Share 6.216 | Quarterly Revenue Growth 0.257 |
The market value of Washington Trust Bancorp is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Trust's value that differs from its market value or its book value, called intrinsic value, which is Washington Trust'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 Washington Trust's market value can be influenced by many factors that don't directly affect Washington Trust'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 Washington Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Trust'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.
Washington Trust '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 Washington Trust'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 Washington Trust.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Washington Trust on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Washington Trust Bancorp or generate 0.0% return on investment in Washington Trust over 90 days. Washington Trust is related to or competes with WSFS Financial, Brookline Bancorp, Peapack Gladstone, Independent Bank, WesBanco, West Bancorporation, and Univest Pennsylvania. Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that o... More
Washington Trust 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 Washington Trust'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 Washington Trust Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.022 | |||
| Maximum Drawdown | 8.54 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 2.92 |
Washington Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Washington Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Washington Trust's standard deviation. In reality, there are many statistical measures that can use Washington Trust historical prices to predict the future Washington Trust's volatility.| Risk Adjusted Performance | 0.1029 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0225 | |||
| Treynor Ratio | 0.1281 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Washington Trust'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.
Washington Trust Bancorp Backtested Returns
Washington Trust appears to be very steady, given 3 months investment horizon. Washington Trust Bancorp shows Sharpe Ratio of 0.13, which attests that the company had a 0.13 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Washington Trust Bancorp, which you can use to evaluate the volatility of the company. Please utilize Washington Trust's Mean Deviation of 1.29, market risk adjusted performance of 0.1381, and Downside Deviation of 1.65 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Washington Trust holds a performance score of 9. The firm maintains a market beta of 1.31, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Washington Trust will likely underperform. Please check Washington Trust's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Washington Trust's historical returns will revert.
Auto-correlation | 0.36 |
Below average predictability
Washington Trust Bancorp has below average predictability. Overlapping area represents the amount of predictability between Washington Trust time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Washington Trust Bancorp price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Washington Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.42 |
Washington Trust Bancorp lagged returns against current returns
Autocorrelation, which is Washington Trust 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 Washington Trust's stock expected returns. We can calculate the autocorrelation of Washington Trust returns to help us make a trade decision. For example, suppose you find that Washington Trust 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 price movement to match the lagging time series.
Current and Lagged Values |
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Washington Trust 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 Washington Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Washington Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Washington Trust stock over time.
Current vs Lagged Prices |
| Timeline |
Washington Trust Lagged Returns
When evaluating Washington Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Washington Trust stock have on its future price. Washington Trust 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, Washington Trust autocorrelation shows the relationship between Washington Trust stock current value and its past values and can show if there is a momentum factor associated with investing in Washington Trust Bancorp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Washington Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Washington Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Washington Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Washington Trust Bancorp Stock:Check out Washington Trust Correlation, Washington Trust Volatility and Washington Trust Alpha and Beta module to complement your research on Washington Trust. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Washington Trust 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.