Harford Bank Stock Probability of Future Pink Sheet Price Finishing Over 33.91
| HFBK Stock | USD 34.67 0.92 2.73% |
Harford |
Harford Bank Target Price Odds to finish over 33.91
The tendency of Harford Pink Sheet 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 $ 33.91 in 90 days |
| 34.67 | 90 days | 33.91 | about 74.38 |
Based on a normal probability distribution, the odds of Harford Bank to stay above $ 33.91 in 90 days from now is about 74.38 (This Harford Bank probability density function shows the probability of Harford Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Harford Bank price to stay between $ 33.91 and its current price of $34.67 at the end of the 90-day period is about 71.91 .
Given the investment horizon of 90 days Harford Bank has a beta of 0.0695. This usually indicates as returns on the market go up, Harford Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Harford Bank will be expected to be much smaller as well. Additionally Harford Bank 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. Harford Bank Price Density |
| Price |
Predictive Modules for Harford Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Harford Bank. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Harford Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Harford Bank is not an exception. The market had few large corrections towards the Harford Bank'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 Harford Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Harford Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.07 |
Harford Bank 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 Harford Pink Sheet often depends not only on the future outlook of the current and potential Harford Bank'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. Harford Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 M | |
| Cash And Short Term Investments | 85.2 M |
Harford Bank Technical Analysis
Harford Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Harford Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Harford Bank. In general, you should focus on analyzing Harford Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Harford Bank Predictive Forecast Models
Harford Bank's time-series forecasting models is one of many Harford Bank's pink sheet 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 Harford Bank'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 pink sheet market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Harford Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Harford Bank's short interest history, or implied volatility extrapolated from Harford Bank options trading.
Other Information on Investing in Harford Pink Sheet
Harford Bank financial ratios help investors to determine whether Harford Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Harford with respect to the benefits of owning Harford Bank security.