Penns Woods Bancorp Stock Probability of Future Stock Price Finishing Over 21.29
| PWOD Stock | USD 32.28 0.51 1.61% |
Penns |
Penns Woods Target Price Odds to finish over 21.29
The tendency of Penns 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 $ 21.29 in 90 days |
| 32.28 | 90 days | 21.29 | about 90.91 |
Based on a normal probability distribution, the odds of Penns Woods to stay above $ 21.29 in 90 days from now is about 90.91 (This Penns Woods Bancorp probability density function shows the probability of Penns Stock to fall within a particular range of prices over 90 days) . Probability of Penns Woods Bancorp price to stay between $ 21.29 and its current price of $32.28 at the end of the 90-day period is about 89.43 .
Given the investment horizon of 90 days Penns Woods has a beta of 0.52 indicating as returns on the market go up, Penns Woods average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Penns Woods Bancorp will be expected to be much smaller as well. Additionally Penns Woods Bancorp has an alpha of 0.4835, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Penns Woods Price Density |
| Price |
Predictive Modules for Penns Woods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Penns Woods 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.Penns Woods Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Penns Woods is not an exception. The market had few large corrections towards the Penns Woods' 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 Penns Woods Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Penns Woods within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | 0.52 | |
σ | Overall volatility | 3.13 | |
Ir | Information ratio | 0.21 |
Penns Woods 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 Penns Woods for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Penns Woods 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.| Penns Woods Bancorp has a frail financial position based on the latest SEC disclosures | |
| Latest headline from seekingalpha.com: Penns Woods Bancorp declares 0.32 dividend |
Penns Woods 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 Penns Stock often depends not only on the future outlook of the current and potential Penns Woods' 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. Penns Woods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.1 M | |
| Cash And Short Term Investments | 37.5 M |
Penns Woods Technical Analysis
Penns Woods' future price can be derived by breaking down and analyzing its technical indicators over time. Penns Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Penns Woods Bancorp. In general, you should focus on analyzing Penns Stock price patterns and their correlations with different microeconomic environments and drivers.
Penns Woods Predictive Forecast Models
Penns Woods' time-series forecasting models is one of many Penns Woods' 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 Penns Woods' 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 Penns Woods Bancorp
Checking the ongoing alerts about Penns Woods for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Penns Woods Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Penns Woods Bancorp has a frail financial position based on the latest SEC disclosures | |
| Latest headline from seekingalpha.com: Penns Woods Bancorp declares 0.32 dividend |
Check out Penns Woods Backtesting, Penns Woods Valuation, Penns Woods Correlation, Penns Woods Hype Analysis, Penns Woods Volatility, Penns Woods History as well as Penns Woods Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 Penns Woods. If investors know Penns 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 Penns Woods 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 1.053 | Dividend Share 1.28 | Earnings Share 2.64 | Revenue Per Share 9.122 | Quarterly Revenue Growth 0.21 |
The market value of Penns Woods Bancorp is measured differently than its book value, which is the value of Penns that is recorded on the company's balance sheet. Investors also form their own opinion of Penns Woods' value that differs from its market value or its book value, called intrinsic value, which is Penns Woods' 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 Penns Woods' market value can be influenced by many factors that don't directly affect Penns Woods' 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 Penns Woods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Penns Woods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penns Woods' 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.