Northeast Bancorp Stock Forward View
| NBN Stock | USD 119.14 3.91 3.39% |
Northeast Stock outlook is based on your current time horizon. Although Northeast Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Northeast Bancorp's systematic risk associated with finding meaningful patterns of Northeast Bancorp fundamentals over time.
The relative strength index (RSI) of Northeast Bancorp's stock price is about 63. This indicates that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Northeast, making its price go up or down. Momentum 63
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.1) | EPS Estimate Next Quarter 2.93 | EPS Estimate Current Year 11.3 | EPS Estimate Next Year 13.9 | Wall Street Target Price 126.5 |
Using Northeast Bancorp hype-based prediction, you can estimate the value of Northeast Bancorp from the perspective of Northeast Bancorp response to recently generated media hype and the effects of current headlines on its competitors.
Northeast Relative Strength Index
The Naive Prediction forecasted value of Northeast Bancorp on the next trading day is expected to be 119.20 with a mean absolute deviation of 1.82 and the sum of the absolute errors of 111.21.Northeast Bancorp Hype to Price Pattern
Investor biases related to Northeast Bancorp's public news can be used to forecast risks associated with an investment in Northeast. The trend in average sentiment can be used to explain how an investor holding Northeast can time the market purely based on public headlines and social activities around Northeast Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Northeast Bancorp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Northeast Bancorp.
The Naive Prediction forecasted value of Northeast Bancorp on the next trading day is expected to be 119.20 with a mean absolute deviation of 1.82 and the sum of the absolute errors of 111.21. Northeast Bancorp after-hype prediction price | USD 119.93 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Northeast | Build AI portfolio with Northeast Stock |
Northeast Bancorp Additional Predictive Modules
Most predictive techniques to examine Northeast price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Northeast using various technical indicators. When you analyze Northeast 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 |
Northeast Bancorp Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Northeast Bancorp's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 1989-12-31 | Previous Quarter 413.6 M | Current Value 341.8 M | Quarterly Volatility 123.7 M |
Northeast Bancorp Naive Prediction Price Forecast For the 4th of February
Given 90 days horizon, the Naive Prediction forecasted value of Northeast Bancorp on the next trading day is expected to be 119.20 with a mean absolute deviation of 1.82, mean absolute percentage error of 5.69, and the sum of the absolute errors of 111.21.Please note that although there have been many attempts to predict Northeast Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Northeast Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Northeast Bancorp Stock Forecast Pattern
| Backtest Northeast Bancorp | Northeast Bancorp Price Prediction | Research Analysis |
Northeast Bancorp Forecasted Value
In the context of forecasting Northeast Bancorp's 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. Northeast Bancorp's downside and upside margins for the forecasting period are 116.80 and 121.59, respectively. We have considered Northeast Bancorp'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Northeast Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Northeast Bancorp 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 | 119.8492 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.8232 |
| MAPE | Mean absolute percentage error | 0.0179 |
| SAE | Sum of the absolute errors | 111.2139 |
Predictive Modules for Northeast 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 Northeast 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.Northeast Bancorp After-Hype Price Density Analysis
As far as predicting the price of Northeast Bancorp 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 Northeast Bancorp 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 Northeast Bancorp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Northeast Bancorp Estimiated After-Hype Price Volatility
In the context of predicting Northeast Bancorp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Northeast Bancorp's historical news coverage. Northeast Bancorp's after-hype downside and upside margins for the prediction period are 117.54 and 122.32, respectively. We have considered Northeast Bancorp'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Northeast Bancorp is very steady at this time. Analysis and calculation of next after-hype price of Northeast Bancorp is based on 3 months time horizon.
Northeast Bancorp Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Northeast Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northeast Bancorp 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 Northeast Bancorp, 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 |
0.56 | 2.39 | 0.79 | 0.35 | 9 Events / Month | 7 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
119.14 | 119.93 | 0.66 |
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Northeast Bancorp Hype Timeline
On the 3rd of February Northeast Bancorp is traded for 119.14. The entity has historical hype elasticity of 0.79, and average elasticity to hype of competition of 0.35. Northeast is forecasted to increase in value after the next headline, with the price projected to jump to 119.93 or above. The average volatility of media hype impact on the company the price is about 169.5%. The price boost on the next news is projected to be 0.66%, whereas the daily expected return is now at 0.56%. The volatility of related hype on Northeast Bancorp is about 386.73%, with the expected price after the next announcement by competition of 119.49. The company reported the last year's revenue of 351 M. Total Income to common stockholders was 83.44 M with profit before taxes, overhead, and interest of 213.09 M. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Historical Fundamental Analysis of Northeast Bancorp to cross-verify your projections.Northeast Bancorp Related Hype Analysis
Having access to credible news sources related to Northeast Bancorp's direct competition is more important than ever and may enhance your ability to predict Northeast Bancorp's future price movements. Getting to know how Northeast Bancorp'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 Northeast Bancorp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EQBK | Equity Bancshares | 0.17 | 7 per month | 1.75 | 0.09 | 2.80 | (2.03) | 13.01 | |
| HBT | Hbt Financial | 0.11 | 9 per month | 1.34 | 0.1 | 3.31 | (2.90) | 8.89 | |
| MBWM | Mercantile Bank | (0.27) | 10 per month | 1.16 | 0.14 | 3.78 | (2.55) | 9.88 | |
| BFST | Business First Bancshares | (0.06) | 7 per month | 0.99 | 0.14 | 2.72 | (1.57) | 8.85 | |
| HAFC | Hanmi Financial | (0.05) | 7 per month | 2.33 | (0) | 3.23 | (1.93) | 18.16 | |
| AMAL | Amalgamated Bank | 2.41 | 8 per month | 1.07 | 0.26 | 3.75 | (2.09) | 8.00 | |
| CPF | Central Pacific Financial | 0.56 | 8 per month | 1.69 | 0.06 | 2.86 | (2.19) | 9.76 | |
| SBSI | Southside Bancshares | 1.17 | 8 per month | 0.88 | 0.14 | 2.83 | (1.57) | 8.89 | |
| MCB | Metropolitan Bank Holding | 0.92 | 8 per month | 1.09 | 0.18 | 3.81 | (1.74) | 19.32 | |
| CCNE | CNB Financial | 1.22 | 7 per month | 0.94 | 0.12 | 3.12 | (1.55) | 8.97 |
Other Forecasting Options for Northeast Bancorp
For every potential investor in Northeast, whether a beginner or expert, Northeast Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Northeast Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Northeast. Basic forecasting techniques help filter out the noise by identifying Northeast Bancorp's price trends.Northeast Bancorp 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 Northeast Bancorp stock to make a market-neutral strategy. Peer analysis of Northeast Bancorp could also be used in its relative valuation, which is a method of valuing Northeast Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Northeast Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Northeast Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northeast Bancorp shares will generate the highest return on investment. By undertsting and applying Northeast Bancorp stock market strength indicators, traders can identify Northeast Bancorp entry and exit signals to maximize returns.
Northeast Bancorp Risk Indicators
The analysis of Northeast Bancorp'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 Northeast Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting northeast 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 | 1.92 | |||
| Semi Deviation | 2.24 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.78 | |||
| Downside Variance | 6.49 | |||
| Semi Variance | 5.01 | |||
| Expected Short fall | (2.08) |
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 Northeast Bancorp
The number of cover stories for Northeast Bancorp depends on current market conditions and Northeast Bancorp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Northeast Bancorp 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 Northeast Bancorp'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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Northeast Bancorp Short Properties
Northeast Bancorp's future price predictability will typically decrease when Northeast Bancorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Northeast Bancorp often depends not only on the future outlook of the potential Northeast 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. Northeast Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.3 M | |
| Cash And Short Term Investments | 428.9 M |
Check out Historical Fundamental Analysis of Northeast Bancorp to cross-verify your projections. To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Will Regional Banks sector continue expanding? Could Northeast diversify its offerings? Factors like these will boost the valuation of Northeast Bancorp. Anticipated expansion of Northeast directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Northeast Bancorp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.1) | Dividend Share 0.04 | Earnings Share 10.64 | Revenue Per Share | Quarterly Revenue Growth (0.03) |
Northeast Bancorp's market price often diverges from its book value, the accounting figure shown on Northeast's balance sheet. Smart investors calculate Northeast Bancorp's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Northeast Bancorp's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Northeast Bancorp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Northeast Bancorp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Northeast 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.