Dime Community Preferred Stock Forecast - Simple Regression
| DCOMP Preferred Stock | USD 18.93 0.02 0.11% |
The Simple Regression forecasted value of Dime Community Bancshares on the next trading day is expected to be 18.26 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 15.73. Dime Preferred Stock Forecast is based on your current time horizon.
As of today the value of rsi of Dime Community's share price is below 20 suggesting that the preferred stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Dime Community hype-based prediction, you can estimate the value of Dime Community Bancshares from the perspective of Dime Community response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Dime Community Bancshares on the next trading day is expected to be 18.26 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 15.73. Dime Community after-hype prediction price | USD 18.93 |
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 preferred stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Dime |
Dime Community Additional Predictive Modules
Most predictive techniques to examine Dime price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dime using various technical indicators. When you analyze Dime 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Dime Community Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of Dime Community Bancshares on the next trading day is expected to be 18.26 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.1, and the sum of the absolute errors of 15.73.Please note that although there have been many attempts to predict Dime Preferred Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Dime Community's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Dime Community Preferred Stock Forecast Pattern
| Backtest Dime Community | Dime Community Price Prediction | Buy or Sell Advice |
Dime Community Forecasted Value
In the context of forecasting Dime Community's Preferred Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Dime Community's downside and upside margins for the forecasting period are 17.47 and 19.05, respectively. We have considered Dime Community's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Dime Community preferred stock data series using in forecasting. Note that when a statistical model is used to represent Dime Community preferred stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 117.6206 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2538 |
| MAPE | Mean absolute percentage error | 0.0137 |
| SAE | Sum of the absolute errors | 15.7327 |
Predictive Modules for Dime Community
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dime Community Bancshares. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Dime Community After-Hype Price Prediction Density Analysis
As far as predicting the price of Dime Community 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 Dime Community 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 Preferred Stock prices, such as prices of Dime Community, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Dime Community Estimiated After-Hype Price Volatility
In the context of predicting Dime Community's preferred stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Dime Community's historical news coverage. Dime Community's after-hype downside and upside margins for the prediction period are 18.14 and 19.72, respectively. We have considered Dime Community'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
Dime Community is very steady at this time. Analysis and calculation of next after-hype price of Dime Community Bancshares is based on 3 months time horizon.
Dime Community Preferred Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Dime Community is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dime Community 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 Preferred 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 Dime Community, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.01 | 0.79 | 0.01 | 0.01 | 17 Events / Month | 6 Events / Month | In about 17 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
18.93 | 18.93 | 0.00 |
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Dime Community Hype Timeline
Dime Community Bancshares is currently traded for 18.93. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.01. Dime is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 123.44%. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at -0.01%. %. The volatility of related hype on Dime Community is about 122.1%, with the expected price after the next announcement by competition of 18.94. About 46.0% of the company shares are held by institutions such as insurance companies. The company last dividend was issued on the 7th of February 2023. Assuming the 90 days horizon the next expected press release will be in about 17 days. Check out Historical Fundamental Analysis of Dime Community to cross-verify your projections.Dime Community Related Hype Analysis
Having access to credible news sources related to Dime Community's direct competition is more important than ever and may enhance your ability to predict Dime Community's future price movements. Getting to know how Dime Community'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 Dime Community may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AMAL | Amalgamated Bank | 0.04 | 10 per month | 1.05 | 0.26 | 3.60 | (2.09) | 8.08 | |
| MCB | Metropolitan Bank Holding | (0.70) | 9 per month | 1.21 | 0.14 | 4.29 | (2.71) | 9.91 | |
| EQBK | Equity Bancshares | 0.75 | 7 per month | 0.93 | 0.15 | 2.89 | (1.49) | 7.19 | |
| SBSI | Southside Bancshares | 0.43 | 9 per month | 0.59 | 0.17 | 2.73 | (1.34) | 5.06 | |
| CFFN | Capitol Federal Financial | 0.03 | 9 per month | 1.32 | 0.08 | 2.98 | (1.77) | 7.36 | |
| EFSC | Enterprise Financial Services | (0.51) | 7 per month | 0.99 | 0.03 | 2.90 | (1.76) | 6.43 | |
| TCBI | Texas Capital Bancshares | (0.28) | 10 per month | 1.00 | 0.18 | 3.41 | (1.82) | 7.09 | |
| CPF | Central Pacific Financial | 0.10 | 9 per month | 1.49 | 0.09 | 2.90 | (2.04) | 9.27 | |
| MBIN | Merchants Bancorp | 0.43 | 8 per month | 1.53 | 0.07 | 3.89 | (2.87) | 8.29 | |
| NBN | Northeast Bancorp | 6.18 | 9 per month | 1.93 | 0.14 | 4.10 | (3.72) | 12.35 |
Other Forecasting Options for Dime Community
For every potential investor in Dime, whether a beginner or expert, Dime Community's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dime Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dime. Basic forecasting techniques help filter out the noise by identifying Dime Community's price trends.Dime Community Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dime Community preferred stock to make a market-neutral strategy. Peer analysis of Dime Community could also be used in its relative valuation, which is a method of valuing Dime Community by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Dime Community Market Strength Events
Market strength indicators help investors to evaluate how Dime Community preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dime Community shares will generate the highest return on investment. By undertsting and applying Dime Community preferred stock market strength indicators, traders can identify Dime Community Bancshares entry and exit signals to maximize returns.
| Accumulation Distribution | 107.74 | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.93 | |||
| Day Typical Price | 18.93 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
Dime Community Risk Indicators
The analysis of Dime Community's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dime Community's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dime preferred stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.6047 | |||
| Semi Deviation | 0.7317 | |||
| Standard Deviation | 0.7793 | |||
| Variance | 0.6073 | |||
| Downside Variance | 0.6606 | |||
| Semi Variance | 0.5355 | |||
| Expected Short fall | (0.67) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Dime Community
The number of cover stories for Dime Community depends on current market conditions and Dime Community's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Dime Community 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 Dime Community's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Additional Tools for Dime Preferred Stock Analysis
When running Dime Community's price analysis, check to measure Dime Community's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dime Community is operating at the current time. Most of Dime Community's value examination focuses on studying past and present price action to predict the probability of Dime Community's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dime Community's price. Additionally, you may evaluate how the addition of Dime Community to your portfolios can decrease your overall portfolio volatility.