Primis Financial Corp Stock Probability of Future Stock Price Finishing Under 4.68
| FRST Stock | USD 11.66 0.17 1.44% |
Primis |
Primis Financial Target Price Odds to finish below 4.68
The tendency of Primis 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 drop to $ 4.68 or more in 90 days |
| 11.66 | 90 days | 4.68 | near 1 |
Based on a normal probability distribution, the odds of Primis Financial to drop to $ 4.68 or more in 90 days from now is near 1 (This Primis Financial Corp probability density function shows the probability of Primis Stock to fall within a particular range of prices over 90 days) . Probability of Primis Financial Corp price to stay between $ 4.68 and its current price of $11.66 at the end of the 90-day period is about 23.99 .
Given the investment horizon of 90 days Primis Financial Corp has a beta of -0.0908. This usually indicates as returns on the benchmark increase, returns on holding Primis Financial are expected to decrease at a much lower rate. During a bear market, however, Primis Financial Corp is likely to outperform the market. Additionally Primis Financial Corp 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. Primis Financial Price Density |
| Price |
Predictive Modules for Primis Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Primis Financial Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Primis Financial'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.
Primis Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Primis Financial is not an exception. The market had few large corrections towards the Primis Financial'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 Primis Financial Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Primis Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | -0.02 |
Primis Financial 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 Primis Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Primis Financial Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Primis Financial generated a negative expected return over the last 90 days | |
| Primis Financial has high likelihood to experience some financial distress in the next 2 years | |
| Over 86.0% of the company shares are owned by institutional investors | |
| On 22nd of November 2024 Primis Financial paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from investing.com: Primis Financial Corp. shareholders approve board directors and executive pay |
Primis Financial 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 Primis Stock often depends not only on the future outlook of the current and potential Primis Financial'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. Primis Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.7 M | |
| Cash And Short Term Investments | 77.6 M |
Primis Financial Technical Analysis
Primis Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Primis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Primis Financial Corp. In general, you should focus on analyzing Primis Stock price patterns and their correlations with different microeconomic environments and drivers.
Primis Financial Predictive Forecast Models
Primis Financial's time-series forecasting models is one of many Primis Financial's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Primis Financial's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Primis Financial Corp
Checking the ongoing alerts about Primis Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Primis Financial Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Primis Financial generated a negative expected return over the last 90 days | |
| Primis Financial has high likelihood to experience some financial distress in the next 2 years | |
| Over 86.0% of the company shares are owned by institutional investors | |
| On 22nd of November 2024 Primis Financial paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from investing.com: Primis Financial Corp. shareholders approve board directors and executive pay |
Additional Tools for Primis Stock Analysis
When running Primis Financial's price analysis, check to measure Primis Financial's 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 Primis Financial is operating at the current time. Most of Primis Financial's value examination focuses on studying past and present price action to predict the probability of Primis Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primis Financial's price. Additionally, you may evaluate how the addition of Primis Financial to your portfolios can decrease your overall portfolio volatility.