Plumas Bancorp Stock Probability of Future Stock Price Finishing Under 33.96
| PLBC Stock | USD 46.96 1.34 2.77% |
Plumas |
Plumas Bancorp Target Price Odds to finish below 33.96
The tendency of Plumas 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 $ 33.96 or more in 90 days |
| 46.96 | 90 days | 33.96 | near 1 |
Based on a normal probability distribution, the odds of Plumas Bancorp to drop to $ 33.96 or more in 90 days from now is near 1 (This Plumas Bancorp probability density function shows the probability of Plumas Stock to fall within a particular range of prices over 90 days) . Probability of Plumas Bancorp price to stay between $ 33.96 and its current price of $46.96 at the end of the 90-day period is about 73.47 .
Given the investment horizon of 90 days Plumas Bancorp has a beta of -0.0057 indicating as returns on the benchmark increase, returns on holding Plumas Bancorp are expected to decrease at a much lower rate. During a bear market, however, Plumas Bancorp is likely to outperform the market. Additionally Plumas Bancorp has an alpha of 0.2048, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Plumas Bancorp Price Density |
| Price |
Predictive Modules for Plumas 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 Plumas 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.Plumas Bancorp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plumas Bancorp is not an exception. The market had few large corrections towards the Plumas 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 Plumas Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plumas Bancorp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.0057 | |
σ | Overall volatility | 3.86 | |
Ir | Information ratio | 0.08 |
Plumas 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 Plumas Bancorp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Plumas 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.| On 15th of November 2024 Plumas Bancorp paid $ 0.27 per share dividend to its current shareholders | |
| Latest headline from investing.com: Plumas Bancorp sets 2025 incentive plan for employees |
Plumas 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 Plumas Stock often depends not only on the future outlook of the current and potential Plumas 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. Plumas Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.9 M | |
| Cash And Short Term Investments | 85.7 M |
Plumas Bancorp Technical Analysis
Plumas Bancorp's future price can be derived by breaking down and analyzing its technical indicators over time. Plumas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plumas Bancorp. In general, you should focus on analyzing Plumas Stock price patterns and their correlations with different microeconomic environments and drivers.
Plumas Bancorp Predictive Forecast Models
Plumas Bancorp's time-series forecasting models is one of many Plumas 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 Plumas 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 Plumas Bancorp
Checking the ongoing alerts about Plumas Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plumas Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| On 15th of November 2024 Plumas Bancorp paid $ 0.27 per share dividend to its current shareholders | |
| Latest headline from investing.com: Plumas Bancorp sets 2025 incentive plan for employees |
Check out Plumas Bancorp Backtesting, Plumas Bancorp Valuation, Plumas Bancorp Correlation, Plumas Bancorp Hype Analysis, Plumas Bancorp Volatility, Plumas Bancorp History as well as Plumas Bancorp Performance. For information on how to trade Plumas Stock refer to our How to Trade Plumas Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Plumas Bancorp. If investors know Plumas 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 Plumas 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 (0.02) | Dividend Share 1.06 | Earnings Share 4.77 | Revenue Per Share 13.568 | Quarterly Revenue Growth 0.062 |
The market value of Plumas Bancorp is measured differently than its book value, which is the value of Plumas that is recorded on the company's balance sheet. Investors also form their own opinion of Plumas Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Plumas 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 Plumas Bancorp's market value can be influenced by many factors that don't directly affect Plumas 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 Plumas Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plumas Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plumas 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.