Versabank Stock Probability of Future Stock Price Finishing Under 17.14
| VBNK Stock | 21.98 0.55 2.44% |
VersaBank |
VersaBank Target Price Odds to finish below 17.14
The tendency of VersaBank 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 17.14 or more in 90 days |
| 21.98 | 90 days | 17.14 | about 7.94 |
Based on a normal probability distribution, the odds of VersaBank to drop to 17.14 or more in 90 days from now is about 7.94 (This VersaBank probability density function shows the probability of VersaBank Stock to fall within a particular range of prices over 90 days) . Probability of VersaBank price to stay between 17.14 and its current price of 21.98 at the end of the 90-day period is about 58.05 .
Assuming the 90 days trading horizon VersaBank has a beta of 0.34. This entails as returns on the market go up, VersaBank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VersaBank will be expected to be much smaller as well. Additionally VersaBank has an alpha of 0.3551, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). VersaBank Price Density |
| Price |
Predictive Modules for VersaBank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VersaBank. 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.VersaBank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VersaBank is not an exception. The market had few large corrections towards the VersaBank'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 VersaBank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VersaBank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 2.66 | |
Ir | Information ratio | 0.12 |
VersaBank 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 VersaBank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VersaBank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 39.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: VersaBank Declares CAD 0.025 Quarterly Dividend for January 2025 - StockTitan |
VersaBank 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 VersaBank Stock often depends not only on the future outlook of the current and potential VersaBank'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. VersaBank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.3 M | |
| Cash And Short Term Investments | 132.2 M |
VersaBank Technical Analysis
VersaBank's future price can be derived by breaking down and analyzing its technical indicators over time. VersaBank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VersaBank. In general, you should focus on analyzing VersaBank Stock price patterns and their correlations with different microeconomic environments and drivers.
VersaBank Predictive Forecast Models
VersaBank's time-series forecasting models is one of many VersaBank'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 VersaBank'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 VersaBank
Checking the ongoing alerts about VersaBank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VersaBank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 39.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: VersaBank Declares CAD 0.025 Quarterly Dividend for January 2025 - StockTitan |
Check out VersaBank Backtesting, VersaBank Valuation, VersaBank Correlation, VersaBank Hype Analysis, VersaBank Volatility, VersaBank History as well as VersaBank Performance. To learn how to invest in VersaBank Stock, please use our How to Invest in VersaBank guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.