Canadian Western Bank Stock Price Prediction

CWB Stock  CAD 60.21  0.31  0.52%   
The relative strength index (RSI) of Canadian Western's share price is above 70 as of today suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Canadian, making its price go up or down.

Oversold Vs Overbought

72

 
Oversold
 
Overbought
The successful prediction of Canadian Western's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Canadian Western Bank, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Canadian Western's stock price prediction:
Quarterly Earnings Growth
(0.50)
EPS Estimate Current Year
3.2003
EPS Estimate Next Year
3.6446
Wall Street Target Price
59.5625
EPS Estimate Current Quarter
0.85
Using Canadian Western hype-based prediction, you can estimate the value of Canadian Western Bank from the perspective of Canadian Western response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Canadian Western to buy its stock at a price that has no basis in reality. In that case, they are not buying Canadian because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Canadian Western after-hype prediction price

    
  CAD 60.21  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Canadian Western Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
47.9648.7266.23
Details
Naive
Forecast
LowNextHigh
60.5061.2662.02
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.770.800.81
Details

Canadian Western After-Hype Price Prediction Density Analysis

As far as predicting the price of Canadian Western at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Canadian Western or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Canadian Western, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Canadian Western Estimiated After-Hype Price Volatility

In the context of predicting Canadian Western's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Canadian Western's historical news coverage. Canadian Western's after-hype downside and upside margins for the prediction period are 59.45 and 60.97, respectively. We have considered Canadian Western's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
60.21
60.21
After-hype Price
60.97
Upside
Canadian Western is very steady at this time. Analysis and calculation of next after-hype price of Canadian Western Bank is based on 3 months time horizon.

Canadian Western Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Canadian Western is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canadian Western backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Canadian Western, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.26 
0.76
  0.10 
  0.11 
2 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
60.21
60.21
0.00 
200.00  
Notes

Canadian Western Hype Timeline

Canadian Western Bank is currently traded for 60.21on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.1, and average elasticity to hype of competition of 0.11. Canadian is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 200.0%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.26%. %. The volatility of related hype on Canadian Western is about 175.12%, with the expected price after the next announcement by competition of 60.32. About 31.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.44. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canadian Western Bank has Price/Earnings To Growth (PEG) ratio of 1.4. The entity last dividend was issued on the 12th of September 2024. The firm had 2:1 split on the 9th of January 2007. Assuming the 90 days trading horizon the next forecasted press release will be in a few days.
Check out Canadian Western Basic Forecasting Models to cross-verify your projections.

Canadian Western Related Hype Analysis

Having access to credible news sources related to Canadian Western's direct competition is more important than ever and may enhance your ability to predict Canadian Western's future price movements. Getting to know how Canadian Western's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Canadian Western may potentially react to the hype associated with one of its peers.

Canadian Western Additional Predictive Modules

Most predictive techniques to examine Canadian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canadian using various technical indicators. When you analyze Canadian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Canadian Western Predictive Indicators

The successful prediction of Canadian Western stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Canadian Western Bank, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Canadian Western based on analysis of Canadian Western hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Canadian Western's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Canadian Western's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.06130.05490.04940.0519
Price To Sales Ratio2.012.372.734.26

Story Coverage note for Canadian Western

The number of cover stories for Canadian Western depends on current market conditions and Canadian Western's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canadian Western is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Canadian Western's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Canadian Western Short Properties

Canadian Western's future price predictability will typically decrease when Canadian Western's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canadian Western Bank often depends not only on the future outlook of the potential Canadian Western'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. Canadian Western's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding96.1 M
Cash And Short Term Investments66.5 M

Other Information on Investing in Canadian Stock

Canadian Western financial ratios help investors to determine whether Canadian Stock 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 Canadian with respect to the benefits of owning Canadian Western security.