Summit Bank Group Stock Probability of Future Pink Sheet Price Finishing Over 15.74
| SBKO Stock | USD 14.10 0.45 3.09% |
Summit |
Summit Bank Target Price Odds to finish over 15.74
The tendency of Summit 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 move over $ 15.74 or more in 90 days |
| 14.10 | 90 days | 15.74 | about 6.74 |
Based on a normal probability distribution, the odds of Summit Bank to move over $ 15.74 or more in 90 days from now is about 6.74 (This Summit Bank Group probability density function shows the probability of Summit Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Summit Bank Group price to stay between its current price of $ 14.10 and $ 15.74 at the end of the 90-day period is about 40.49 .
Given the investment horizon of 90 days Summit Bank Group has a beta of -0.71. This usually implies as returns on the benchmark increase, returns on holding Summit Bank are expected to decrease at a much lower rate. During a bear market, however, Summit Bank Group is likely to outperform the market. Additionally Summit Bank Group has an alpha of 0.1945, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Summit Bank Price Density |
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Predictive Modules for Summit 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 Summit Bank Group. 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.Summit Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Summit Bank is not an exception. The market had few large corrections towards the Summit 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 Summit Bank Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Summit Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.71 | |
σ | Overall volatility | 1.15 | |
Ir | Information ratio | 0.05 |
Summit Bank 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 Summit Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Summit Bank Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Summit Bank Group had very high historical volatility over the last 90 days |
Summit Bank Technical Analysis
Summit Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Summit Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Summit Bank Group. In general, you should focus on analyzing Summit Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Summit Bank Predictive Forecast Models
Summit Bank's time-series forecasting models is one of many Summit 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 Summit 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.
Things to note about Summit Bank Group
Checking the ongoing alerts about Summit Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Summit Bank Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Summit Bank Group had very high historical volatility over the last 90 days |
Other Information on Investing in Summit Pink Sheet
Summit Bank financial ratios help investors to determine whether Summit 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 Summit with respect to the benefits of owning Summit Bank security.