Citizens National Bancshares Stock Probability of Future Pink Sheet Price Finishing Over 16.93
| CNBL Stock | USD 18.50 0.25 1.37% |
Citizens |
Citizens National Target Price Odds to finish over 16.93
The tendency of Citizens Pink Sheet 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 stay above $ 16.93 in 90 days |
| 18.50 | 90 days | 16.93 | about 69.22 |
Based on a normal probability distribution, the odds of Citizens National to stay above $ 16.93 in 90 days from now is about 69.22 (This Citizens National Bancshares probability density function shows the probability of Citizens Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Citizens National price to stay between $ 16.93 and its current price of $18.5 at the end of the 90-day period is about 26.26 .
Given the investment horizon of 90 days Citizens National has a beta of 0.21 suggesting as returns on the market go up, Citizens National average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Citizens National Bancshares will be expected to be much smaller as well. Additionally Citizens National Bancshares has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Citizens National Price Density |
| Price |
Predictive Modules for Citizens National
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Citizens National. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Citizens National Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Citizens National is not an exception. The market had few large corrections towards the Citizens National'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 Citizens National Bancshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Citizens National within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 2.31 | |
Ir | Information ratio | -0.09 |
Citizens National 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 Citizens National for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Citizens National can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Citizens National generated a negative expected return over the last 90 days | |
| Citizens National has high historical volatility and very poor performance |
Citizens National 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 Citizens Pink Sheet often depends not only on the future outlook of the current and potential Citizens National'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. Citizens National's indicators that are reflective of the short sentiment are summarized in the table below.
Citizens National Technical Analysis
Citizens National's future price can be derived by breaking down and analyzing its technical indicators over time. Citizens Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Citizens National Bancshares. In general, you should focus on analyzing Citizens Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Citizens National Predictive Forecast Models
Citizens National's time-series forecasting models is one of many Citizens National's pink sheet 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 Citizens National'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Citizens National
Checking the ongoing alerts about Citizens National for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Citizens National help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Citizens National generated a negative expected return over the last 90 days | |
| Citizens National has high historical volatility and very poor performance |
Other Information on Investing in Citizens Pink Sheet
Citizens National financial ratios help investors to determine whether Citizens Pink Sheet 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 Citizens with respect to the benefits of owning Citizens National security.