Northfield Bancorp Stock Probability of Future Stock Price Finishing Under 3.57
| NFBK Stock | USD 11.79 0.06 0.51% |
Northfield |
Northfield Bancorp Target Price Odds to finish below 3.57
The tendency of Northfield 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 $ 3.57 or more in 90 days |
| 11.79 | 90 days | 3.57 | near 1 |
Based on a normal probability distribution, the odds of Northfield Bancorp to drop to $ 3.57 or more in 90 days from now is near 1 (This Northfield Bancorp probability density function shows the probability of Northfield Stock to fall within a particular range of prices over 90 days) . Probability of Northfield Bancorp price to stay between $ 3.57 and its current price of $11.79 at the end of the 90-day period is about 27.53 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.84 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Northfield Bancorp will likely underperform. Additionally Northfield Bancorp 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. Northfield Bancorp Price Density |
| Price |
Predictive Modules for Northfield Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northfield Bancorp. 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.Northfield Bancorp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northfield Bancorp is not an exception. The market had few large corrections towards the Northfield Bancorp'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 Northfield Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northfield Bancorp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 2.84 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | 0 |
Northfield Bancorp 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 Northfield Bancorp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northfield Bancorp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Northfield Bancorp had very high historical volatility over the last 90 days | |
| Northfield Bancorp has a poor financial position based on the latest SEC disclosures | |
| About 57.0% of the company shares are owned by institutional investors | |
| On 20th of November 2024 Northfield Bancorp paid $ 0.13 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Northfield Bancorp, Inc. Director Sells 288,640.00 in Stock |
Northfield Bancorp 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 Northfield Stock often depends not only on the future outlook of the current and potential Northfield Bancorp'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. Northfield Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.6 M | |
| Cash And Short Term Investments | -13.9 M |
Northfield Bancorp Technical Analysis
Northfield Bancorp's future price can be derived by breaking down and analyzing its technical indicators over time. Northfield Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northfield Bancorp. In general, you should focus on analyzing Northfield Stock price patterns and their correlations with different microeconomic environments and drivers.
Northfield Bancorp Predictive Forecast Models
Northfield Bancorp's time-series forecasting models is one of many Northfield Bancorp'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 Northfield Bancorp'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 Northfield Bancorp
Checking the ongoing alerts about Northfield Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northfield Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Northfield Bancorp had very high historical volatility over the last 90 days | |
| Northfield Bancorp has a poor financial position based on the latest SEC disclosures | |
| About 57.0% of the company shares are owned by institutional investors | |
| On 20th of November 2024 Northfield Bancorp paid $ 0.13 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Northfield Bancorp, Inc. Director Sells 288,640.00 in Stock |
Check out Northfield Bancorp Backtesting, Northfield Bancorp Valuation, Northfield Bancorp Correlation, Northfield Bancorp Hype Analysis, Northfield Bancorp Volatility, Northfield Bancorp History as well as Northfield Bancorp Performance. For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 Northfield Bancorp. If investors know Northfield 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 Northfield Bancorp 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 (0.16) | Dividend Share 0.52 | Earnings Share 0.64 | Revenue Per Share 2.964 | Quarterly Revenue Growth (0.07) |
The market value of Northfield Bancorp is measured differently than its book value, which is the value of Northfield that is recorded on the company's balance sheet. Investors also form their own opinion of Northfield Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northfield Bancorp'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 Northfield Bancorp's market value can be influenced by many factors that don't directly affect Northfield Bancorp'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 Northfield Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northfield Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northfield Bancorp'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.