First Mid Illinois Stock Probability of Future Stock Price Finishing Over 25.95
| FMBH Stock | USD 36.26 0.56 1.52% |
First |
First Mid Target Price Odds to finish over 25.95
The tendency of First Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 25.95 in 90 days |
| 36.26 | 90 days | 25.95 | close to 99 |
Based on a normal probability distribution, the odds of First Mid to stay above $ 25.95 in 90 days from now is close to 99 (This First Mid Illinois probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) . Probability of First Mid Illinois price to stay between $ 25.95 and its current price of $36.26 at the end of the 90-day period is about 5.27 .
Given the investment horizon of 90 days First Mid has a beta of 0.0056. This usually indicates as returns on the market go up, First Mid average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Mid Illinois will be expected to be much smaller as well. Additionally First Mid Illinois has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. First Mid Price Density |
| Price |
Predictive Modules for First Mid
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Mid Illinois. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.First Mid Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Mid is not an exception. The market had few large corrections towards the First Mid's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold First Mid Illinois, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Mid within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 2.07 | |
Ir | Information ratio | -0.0065 |
First Mid Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of First Mid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First Mid Illinois can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| First Mid Illinois has a frail financial position based on the latest SEC disclosures | |
| About 16.0% of the company shares are held by company insiders | |
| On 29th of November 2024 First Mid paid $ 0.24 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 2624 shares by Joseph Dively of First Mid at 41.23 subject to Rule 16b-3 |
First Mid Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of First Stock often depends not only on the future outlook of the current and potential First Mid's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. First Mid's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.9 M | |
| Cash And Short Term Investments | -143.1 M |
First Mid Technical Analysis
First Mid's future price can be derived by breaking down and analyzing its technical indicators over time. First Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Mid Illinois. In general, you should focus on analyzing First Stock price patterns and their correlations with different microeconomic environments and drivers.