Citizens Northern Corp Stock Probability of Future Stock Price Finishing Under 18.75
| CZNC Stock | USD 20.41 0.15 0.73% |
Citizens |
Citizens Northern Target Price Odds to finish below 18.75
The tendency of Citizens Stock 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 drop to $ 18.75 or more in 90 days |
| 20.41 | 90 days | 18.75 | about 17.12 |
Based on a normal probability distribution, the odds of Citizens Northern to drop to $ 18.75 or more in 90 days from now is about 17.12 (This Citizens Northern Corp probability density function shows the probability of Citizens Stock to fall within a particular range of prices over 90 days) . Probability of Citizens Northern Corp price to stay between $ 18.75 and its current price of $20.41 at the end of the 90-day period is about 75.98 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.55 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Citizens Northern will likely underperform. Additionally Citizens Northern Corp 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 Northern Price Density |
| Price |
Predictive Modules for Citizens Northern
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 Northern Corp. 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.Citizens Northern Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Citizens Northern is not an exception. The market had few large corrections towards the Citizens Northern'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 Northern Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Citizens Northern within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.55 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | -0.03 |
Citizens Northern 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 Northern for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Citizens Northern Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| On 8th of November 2024 Citizens Northern paid $ 0.28 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Patton Albertson Miller Group LLC Sells 90 Shares of Johnson Johnson |
Citizens Northern 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 Stock often depends not only on the future outlook of the current and potential Citizens Northern'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 Northern's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.2 M | |
| Cash And Short Term Investments | 537.5 M |
Citizens Northern Technical Analysis
Citizens Northern's future price can be derived by breaking down and analyzing its technical indicators over time. Citizens Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Citizens Northern Corp. In general, you should focus on analyzing Citizens Stock price patterns and their correlations with different microeconomic environments and drivers.
Citizens Northern Predictive Forecast Models
Citizens Northern's time-series forecasting models is one of many Citizens Northern's stock 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 Northern'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 stock market movement and maximize returns from investment trading.
Things to note about Citizens Northern Corp
Checking the ongoing alerts about Citizens Northern for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Citizens Northern Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| On 8th of November 2024 Citizens Northern paid $ 0.28 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Patton Albertson Miller Group LLC Sells 90 Shares of Johnson Johnson |
Check out Citizens Northern Backtesting, Citizens Northern Valuation, Citizens Northern Correlation, Citizens Northern Hype Analysis, Citizens Northern Volatility, Citizens Northern History as well as Citizens Northern Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citizens Northern. If investors know Citizens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citizens Northern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 1.12 | Earnings Share 1.44 | Revenue Per Share 6.689 | Quarterly Revenue Growth (0.05) |
The market value of Citizens Northern Corp is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens Northern's value that differs from its market value or its book value, called intrinsic value, which is Citizens Northern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citizens Northern's market value can be influenced by many factors that don't directly affect Citizens Northern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Citizens Northern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Northern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Northern'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.