Northrim BanCorp Stock Forward View
| NRIM Stock | USD 24.48 0.92 3.90% |
Northrim Stock outlook is based on your current time horizon. Although Northrim 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 Northrim BanCorp's systematic risk associated with finding meaningful patterns of Northrim BanCorp fundamentals over time.
As of now, the relative strength index (RSI) of Northrim BanCorp's share price is approaching 45. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Northrim BanCorp, making its price go up or down. Momentum 45
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.126 | EPS Estimate Next Quarter 0.62 | EPS Estimate Current Year 2.59 | EPS Estimate Next Year 2.8 | Wall Street Target Price 31 |
Using Northrim BanCorp hype-based prediction, you can estimate the value of Northrim BanCorp from the perspective of Northrim BanCorp response to recently generated media hype and the effects of current headlines on its competitors.
Northrim Relative Strength Index
The Naive Prediction forecasted value of Northrim BanCorp on the next trading day is expected to be 21.76 with a mean absolute deviation of 0.79 and the sum of the absolute errors of 48.41.Northrim BanCorp Hype to Price Pattern
Investor biases related to Northrim BanCorp's public news can be used to forecast risks associated with an investment in Northrim. The trend in average sentiment can be used to explain how an investor holding Northrim can time the market purely based on public headlines and social activities around Northrim 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 Northrim BanCorp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Northrim BanCorp.
The Naive Prediction forecasted value of Northrim BanCorp on the next trading day is expected to be 21.76 with a mean absolute deviation of 0.79 and the sum of the absolute errors of 48.41. Northrim BanCorp after-hype prediction price | USD 24.57 |
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 Historical Fundamental Analysis of Northrim BanCorp to cross-verify your projections. Northrim BanCorp Additional Predictive Modules
Most predictive techniques to examine Northrim price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Northrim using various technical indicators. When you analyze Northrim 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 |
Northrim 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 Northrim BanCorp's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 1991-03-31 | Previous Quarter 212.7 M | Current Value 36 M | Quarterly Volatility 98 M |
Northrim BanCorp Naive Prediction Price Forecast For the 3rd of February
Given 90 days horizon, the Naive Prediction forecasted value of Northrim BanCorp on the next trading day is expected to be 21.76 with a mean absolute deviation of 0.79, mean absolute percentage error of 1.13, and the sum of the absolute errors of 48.41.Please note that although there have been many attempts to predict Northrim 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 Northrim BanCorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Northrim BanCorp Stock Forecast Pattern
| Backtest Northrim BanCorp | Northrim BanCorp Price Prediction | Research Analysis |
Northrim BanCorp Forecasted Value
In the context of forecasting Northrim 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. Northrim BanCorp's downside and upside margins for the forecasting period are 18.84 and 24.68, respectively. We have considered Northrim 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 Northrim BanCorp stock data series using in forecasting. Note that when a statistical model is used to represent Northrim 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 | 118.2312 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.7936 |
| MAPE | Mean absolute percentage error | 0.0309 |
| SAE | Sum of the absolute errors | 48.409 |
Predictive Modules for Northrim 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 Northrim 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.Northrim BanCorp After-Hype Price Density Analysis
As far as predicting the price of Northrim 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 Northrim 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 Northrim BanCorp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Northrim BanCorp Estimiated After-Hype Price Volatility
In the context of predicting Northrim BanCorp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Northrim BanCorp's historical news coverage. Northrim BanCorp's after-hype downside and upside margins for the prediction period are 21.66 and 27.48, respectively. We have considered Northrim 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
Northrim BanCorp is very steady at this time. Analysis and calculation of next after-hype price of Northrim BanCorp is based on 3 months time horizon.
Northrim BanCorp Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Northrim BanCorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northrim 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 Northrim 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 |
0.21 | 2.92 | 0.02 | 0.00 | 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 | |
24.48 | 24.57 | 0.08 |
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Northrim BanCorp Hype Timeline
Northrim BanCorp is now traded for 24.48. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.0. Northrim is forecasted to increase in value after the next headline, with the price projected to jump to 24.57 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.08%, whereas the daily expected return is now at 0.21%. The volatility of related hype on Northrim BanCorp is about 9.223372036854776E16%, with the expected price after the next announcement by competition of 24.48. The company reported the previous year's revenue of 242.53 M. Net Income was 36.97 M with profit before overhead, payroll, taxes, and interest of 208.9 M. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days. Check out Historical Fundamental Analysis of Northrim BanCorp to cross-verify your projections.Northrim BanCorp Related Hype Analysis
Having access to credible news sources related to Northrim BanCorp's direct competition is more important than ever and may enhance your ability to predict Northrim BanCorp's future price movements. Getting to know how Northrim 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 Northrim BanCorp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FMNB | Farmers National Banc | 0.02 | 9 per month | 0.00 | (0.04) | 2.82 | (2.64) | 11.02 | |
| BHB | Bar Harbor Bankshares | 0.13 | 7 per month | 1.34 | 0.10 | 3.28 | (2.17) | 8.32 | |
| TCBX | Third Coast Bancshares | (0.47) | 10 per month | 1.45 | 0.04 | 3.27 | (2.53) | 9.59 | |
| AROW | Arrow Financial | (0.20) | 7 per month | 1.24 | 0.17 | 3.59 | (2.89) | 9.60 | |
| MSBI | Midland States Bancorp | (0.33) | 10 per month | 1.79 | 0.18 | 6.49 | (1.83) | 14.42 | |
| CBNK | Capital Bancorp | (1.09) | 9 per month | 1.26 | 0.03 | 2.67 | (2.02) | 8.39 | |
| UNTY | Unity Bancorp | 0.70 | 8 per month | 1.40 | 0.1 | 3.33 | (2.89) | 7.55 | |
| SHBI | Shore Bancshares | (0.12) | 8 per month | 1.08 | 0.16 | 3.11 | (1.67) | 8.64 | |
| ACNB | ACNB Corporation | 1.41 | 11 per month | 1.19 | 0.11 | 2.50 | (2.28) | 7.30 | |
| RRBI | Red River Bancshares | (0.05) | 7 per month | 1.22 | 0.16 | 3.56 | (2.35) | 7.97 |
Other Forecasting Options for Northrim BanCorp
For every potential investor in Northrim, whether a beginner or expert, Northrim BanCorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Northrim Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Northrim. Basic forecasting techniques help filter out the noise by identifying Northrim BanCorp's price trends.Northrim 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 Northrim BanCorp stock to make a market-neutral strategy. Peer analysis of Northrim BanCorp could also be used in its relative valuation, which is a method of valuing Northrim BanCorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Northrim BanCorp Market Strength Events
Market strength indicators help investors to evaluate how Northrim 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 Northrim BanCorp shares will generate the highest return on investment. By undertsting and applying Northrim BanCorp stock market strength indicators, traders can identify Northrim BanCorp entry and exit signals to maximize returns.
Northrim BanCorp Risk Indicators
The analysis of Northrim 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 Northrim BanCorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting northrim 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 | 1.81 | |||
| Semi Deviation | 3.21 | |||
| Standard Deviation | 2.83 | |||
| Variance | 8.03 | |||
| Downside Variance | 11.12 | |||
| Semi Variance | 10.28 | |||
| Expected Short fall | (1.83) |
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 Northrim BanCorp
The number of cover stories for Northrim BanCorp depends on current market conditions and Northrim 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 Northrim 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 Northrim 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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Northrim BanCorp Short Properties
Northrim BanCorp's future price predictability will typically decrease when Northrim BanCorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Northrim BanCorp often depends not only on the future outlook of the potential Northrim 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. Northrim BanCorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.5 M | |
| Cash And Short Term Investments | 456.7 M |
Check out Historical Fundamental Analysis of Northrim BanCorp to cross-verify your projections. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Will Regional Banks sector continue expanding? Could Northrim diversify its offerings? Factors like these will boost the valuation of Northrim BanCorp. Anticipated expansion of Northrim directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Northrim BanCorp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.126 | Dividend Share 0.64 | Earnings Share 2.95 | Revenue Per Share | Quarterly Revenue Growth 0.172 |
Northrim BanCorp's market price often diverges from its book value, the accounting figure shown on Northrim's balance sheet. Smart investors calculate Northrim 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 Northrim 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 Northrim BanCorp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Northrim BanCorp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Northrim 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.