First Mid Illinois Stock Probability of Future Stock Price Finishing Over 30.38

FMBH Stock  USD 42.19  0.65  1.56%   
First Mid's future price is the expected price of First Mid instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of First Mid Illinois performance during a given time horizon utilizing its historical volatility. Check out First Mid Backtesting, First Mid Valuation, First Mid Correlation, First Mid Hype Analysis, First Mid Volatility, First Mid History as well as First Mid Performance.
  
As of now, First Mid's Price To Book Ratio is increasing as compared to previous years. The First Mid's current Price Cash Flow Ratio is estimated to increase to 14.62, while Price Earnings Ratio is projected to decrease to 10.10. Please specify First Mid's target price for which you would like First Mid odds to be computed.

First Mid Target Price Odds to finish over 30.38

The tendency of First 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 PriceHorizonTarget PriceOdds to stay above $ 30.38  in 90 days
 42.19 90 days 30.38 
close to 99
Based on a normal probability distribution, the odds of First Mid to stay above $ 30.38  in 90 days from now is close to 99 (This First Mid Illinois probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) . Probability of First Mid Illinois price to stay between $ 30.38  and its current price of $42.19 at the end of the 90-day period is more than 93.0 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.08 . 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, First Mid will likely underperform. Additionally First Mid Illinois 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.
   First Mid Price Density   
       Price  

Predictive Modules for First Mid

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Mid Illinois. 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.
Hype
Prediction
LowEstimatedHigh
39.1741.5543.93
Details
Intrinsic
Valuation
LowRealHigh
35.2137.5945.69
Details
Naive
Forecast
LowNextHigh
38.9741.3443.72
Details
6 Analysts
Consensus
LowTargetHigh
31.4034.5038.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Mid. Your research has to be compared to or analyzed against First Mid's peers to derive any actionable benefits. When done correctly, First Mid's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in First Mid Illinois.

First Mid Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. First Mid is not an exception. The market had few large corrections towards the First Mid'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 First Mid Illinois, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Mid within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.14
β
Beta against Dow Jones2.08
σ
Overall volatility
1.83
Ir
Information ratio -0.01

First Mid 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 First Mid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First Mid Illinois can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
First Mid Illinois has a frail financial position based on the latest SEC disclosures
About 16.0% of the company shares are held by company insiders
On 29th of November 2024 First Mid paid $ 0.24 per share dividend to its current shareholders
Latest headline from thelincolnianonline.com: First Mid Bancshares Reaches New 12-Month High Time to Buy

First Mid 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 First Stock often depends not only on the future outlook of the current and potential First Mid'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. First Mid's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding21.9 M
Cash And Short Term Investments-143.1 M

First Mid Technical Analysis

First Mid's future price can be derived by breaking down and analyzing its technical indicators over time. First Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Mid Illinois. In general, you should focus on analyzing First Stock price patterns and their correlations with different microeconomic environments and drivers.

First Mid Predictive Forecast Models

First Mid's time-series forecasting models is one of many First Mid'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 First Mid'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 First Mid Illinois

Checking the ongoing alerts about First Mid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for First Mid Illinois help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
First Mid Illinois has a frail financial position based on the latest SEC disclosures
About 16.0% of the company shares are held by company insiders
On 29th of November 2024 First Mid paid $ 0.24 per share dividend to its current shareholders
Latest headline from thelincolnianonline.com: First Mid Bancshares Reaches New 12-Month High Time to Buy
When determining whether First Mid Illinois offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Mid's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Mid Illinois Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Mid Illinois Stock:
Check out First Mid Backtesting, First Mid Valuation, First Mid Correlation, First Mid Hype Analysis, First Mid Volatility, First Mid History as well as First Mid Performance.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 First Mid. If investors know First 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 First Mid 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
0.191
Dividend Share
0.93
Earnings Share
3.24
Revenue Per Share
13.247
Quarterly Revenue Growth
0.173
The market value of First Mid Illinois is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Mid's value that differs from its market value or its book value, called intrinsic value, which is First Mid'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 First Mid's market value can be influenced by many factors that don't directly affect First Mid'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 First Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mid'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.