Richmond Mutual Bancorporation Stock Probability of Future Stock Price Finishing Over 13.4
| RMBI Stock | USD 14.32 0.16 1.10% |
Richmond |
Richmond Mutual Target Price Odds to finish over 13.4
The tendency of Richmond 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 $ 13.40 in 90 days |
| 14.32 | 90 days | 13.40 | about 22.5 |
Based on a normal probability distribution, the odds of Richmond Mutual to stay above $ 13.40 in 90 days from now is about 22.5 (This Richmond Mutual Bancorporation probability density function shows the probability of Richmond Stock to fall within a particular range of prices over 90 days) . Probability of Richmond Mutual Banc price to stay between $ 13.40 and its current price of $14.32 at the end of the 90-day period is about 22.24 .
Given the investment horizon of 90 days Richmond Mutual has a beta of 0.22 indicating as returns on the market go up, Richmond Mutual average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Richmond Mutual Bancorporation will be expected to be much smaller as well. Additionally Richmond Mutual Bancorporation has an alpha of 0.186, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Richmond Mutual Price Density |
| Price |
Predictive Modules for Richmond Mutual
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Richmond Mutual Banc. 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.Richmond Mutual Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Richmond Mutual is not an exception. The market had few large corrections towards the Richmond Mutual'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 Richmond Mutual Bancorporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Richmond Mutual within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | 0.08 |
Richmond Mutual 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 Richmond Mutual for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Richmond Mutual Banc 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 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Richmond Mutual Bancorporation Has Announced A Dividend Of 0.14 |
Richmond Mutual 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 Richmond Stock often depends not only on the future outlook of the current and potential Richmond Mutual'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. Richmond Mutual's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.5 M | |
| Cash And Short Term Investments | 12 M |
Richmond Mutual Technical Analysis
Richmond Mutual's future price can be derived by breaking down and analyzing its technical indicators over time. Richmond Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Richmond Mutual Bancorporation. In general, you should focus on analyzing Richmond Stock price patterns and their correlations with different microeconomic environments and drivers.
Richmond Mutual Predictive Forecast Models
Richmond Mutual's time-series forecasting models is one of many Richmond Mutual'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 Richmond Mutual'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 Richmond Mutual Banc
Checking the ongoing alerts about Richmond Mutual for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Richmond Mutual Banc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Richmond Mutual Bancorporation Has Announced A Dividend Of 0.14 |
Check out Richmond Mutual Backtesting, Richmond Mutual Valuation, Richmond Mutual Correlation, Richmond Mutual Hype Analysis, Richmond Mutual Volatility, Richmond Mutual History as well as Richmond Mutual 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 Richmond Mutual. If investors know Richmond 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 Richmond Mutual 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 0.276 | Dividend Share 0.56 | Earnings Share 0.87 | Revenue Per Share 4.169 | Quarterly Revenue Growth 0.061 |
The market value of Richmond Mutual Banc is measured differently than its book value, which is the value of Richmond that is recorded on the company's balance sheet. Investors also form their own opinion of Richmond Mutual's value that differs from its market value or its book value, called intrinsic value, which is Richmond Mutual'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 Richmond Mutual's market value can be influenced by many factors that don't directly affect Richmond Mutual'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 Richmond Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Richmond Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richmond Mutual'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.