Fifth Third Bancorp Stock Probability of Future Stock Price Finishing Over 25.6
FITB Stock | USD 47.90 0.78 1.66% |
Fifth |
Fifth Third Target Price Odds to finish over 25.6
The tendency of Fifth 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 stay above $ 25.60 in 90 days |
47.90 | 90 days | 25.60 | close to 99 |
Based on a normal probability distribution, the odds of Fifth Third to stay above $ 25.60 in 90 days from now is close to 99 (This Fifth Third Bancorp probability density function shows the probability of Fifth Stock to fall within a particular range of prices over 90 days) . Probability of Fifth Third Bancorp price to stay between $ 25.60 and its current price of $47.9 at the end of the 90-day period is about 99.0 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.65 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fifth Third will likely underperform. Additionally Fifth Third Bancorp has an alpha of 0.0519, implying that it can generate a 0.0519 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fifth Third Price Density |
Price |
Predictive Modules for Fifth Third
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fifth Third 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fifth Third's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fifth Third Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fifth Third is not an exception. The market had few large corrections towards the Fifth Third'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 Fifth Third Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fifth Third within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 1.65 | |
σ | Overall volatility | 2.04 | |
Ir | Information ratio | 0.08 |
Fifth Third 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 Fifth Third for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fifth Third Bancorp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Over 86.0% of the company shares are owned by institutional investors | |
On 15th of October 2024 Fifth Third paid $ 0.37 per share dividend to its current shareholders | |
Latest headline from bizjournals.com: Fifth Third Bank promotes from within for new Northern Ohio region president |
Fifth Third 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 Fifth Stock often depends not only on the future outlook of the current and potential Fifth Third'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. Fifth Third's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 687.7 M | |
Cash And Short Term Investments | 3.1 B |
Fifth Third Technical Analysis
Fifth Third's future price can be derived by breaking down and analyzing its technical indicators over time. Fifth Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fifth Third Bancorp. In general, you should focus on analyzing Fifth Stock price patterns and their correlations with different microeconomic environments and drivers.
Fifth Third Predictive Forecast Models
Fifth Third's time-series forecasting models is one of many Fifth Third'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 Fifth Third'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 Fifth Third Bancorp
Checking the ongoing alerts about Fifth Third for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fifth Third Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 86.0% of the company shares are owned by institutional investors | |
On 15th of October 2024 Fifth Third paid $ 0.37 per share dividend to its current shareholders | |
Latest headline from bizjournals.com: Fifth Third Bank promotes from within for new Northern Ohio region president |
Check out Fifth Third Backtesting, Fifth Third Valuation, Fifth Third Correlation, Fifth Third Hype Analysis, Fifth Third Volatility, Fifth Third History as well as Fifth Third Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 Fifth Third. If investors know Fifth 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 Fifth Third 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 (0.14) | Dividend Share 1.42 | Earnings Share 3 | Revenue Per Share 11.78 | Quarterly Revenue Growth (0.03) |
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third'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 Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third'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 Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third'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.