Nbt Bancorp Stock Probability of Future Stock Price Finishing Under 48.18
| NBTB Stock | USD 50.12 0.04 0.08% |
NBT |
NBT Bancorp Target Price Odds to finish below 48.18
The tendency of NBT 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 $ 48.18 or more in 90 days |
| 50.12 | 90 days | 48.18 | about 78.74 |
Based on a normal probability distribution, the odds of NBT Bancorp to drop to $ 48.18 or more in 90 days from now is about 78.74 (This NBT Bancorp probability density function shows the probability of NBT Stock to fall within a particular range of prices over 90 days) . Probability of NBT Bancorp price to stay between $ 48.18 and its current price of $50.12 at the end of the 90-day period is about 15.41 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.14 . This 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, NBT Bancorp will likely underperform. Additionally NBT Bancorp 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. NBT Bancorp Price Density |
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Predictive Modules for NBT 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 NBT 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 NBT Bancorp'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.
NBT Bancorp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NBT Bancorp is not an exception. The market had few large corrections towards the NBT Bancorp'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 NBT Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NBT Bancorp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 2.14 | |
σ | Overall volatility | 2.49 | |
Ir | Information ratio | -0.01 |
NBT Bancorp 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 NBT Bancorp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NBT 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.| About 64.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: NBT Bancorp director John H. Watt Jr. sells 494,047 in stock |
NBT Bancorp 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 NBT Stock often depends not only on the future outlook of the current and potential NBT 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. NBT Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.8 M | |
| Cash And Short Term Investments | 1.6 B |
NBT Bancorp Technical Analysis
NBT Bancorp's future price can be derived by breaking down and analyzing its technical indicators over time. NBT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NBT Bancorp. In general, you should focus on analyzing NBT Stock price patterns and their correlations with different microeconomic environments and drivers.
NBT Bancorp Predictive Forecast Models
NBT Bancorp's time-series forecasting models is one of many NBT Bancorp'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 NBT Bancorp'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 NBT Bancorp
Checking the ongoing alerts about NBT Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NBT Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 64.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: NBT Bancorp director John H. Watt Jr. sells 494,047 in stock |
Check out NBT Bancorp Backtesting, NBT Bancorp Valuation, NBT Bancorp Correlation, NBT Bancorp Hype Analysis, NBT Bancorp Volatility, NBT Bancorp History as well as NBT Bancorp Performance. For information on how to trade NBT Stock refer to our How to Trade NBT Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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 NBT Bancorp. If investors know NBT 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 NBT Bancorp 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 0.481 | Dividend Share 1.3 | Earnings Share 2.85 | Revenue Per Share 11.427 | Quarterly Revenue Growth 0.18 |
The market value of NBT Bancorp is measured differently than its book value, which is the value of NBT that is recorded on the company's balance sheet. Investors also form their own opinion of NBT Bancorp's value that differs from its market value or its book value, called intrinsic value, which is NBT Bancorp'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 NBT Bancorp's market value can be influenced by many factors that don't directly affect NBT Bancorp'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 NBT Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NBT Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NBT 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.