Shore Bancshares Stock Probability of Future Stock Price Finishing Under 16.58
| SHBI Stock | USD 16.63 0.08 0.48% |
Shore |
Shore Bancshares Target Price Odds to finish below 16.58
The tendency of Shore 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 $ 16.58 or more in 90 days |
| 16.63 | 90 days | 16.58 | about 99.0 |
Based on a normal probability distribution, the odds of Shore Bancshares to drop to $ 16.58 or more in 90 days from now is about 99.0 (This Shore Bancshares probability density function shows the probability of Shore Stock to fall within a particular range of prices over 90 days) . Probability of Shore Bancshares price to stay between $ 16.58 and its current price of $16.63 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.95 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Shore Bancshares will likely underperform. Additionally Shore Bancshares has an alpha of 0.115, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shore Bancshares Price Density |
| Price |
Predictive Modules for Shore Bancshares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shore Bancshares. 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.Shore Bancshares Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shore Bancshares is not an exception. The market had few large corrections towards the Shore Bancshares' 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 Shore Bancshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shore Bancshares within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 1.95 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | 0.11 |
Shore Bancshares 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 Shore Bancshares for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shore Bancshares can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shore Bancshares currently holds about 403.58 M in cash with (99.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Shore Bancshares has a poor financial position based on the latest SEC disclosures | |
| Roughly 59.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Empowered Funds LLC Has 1. Million Holdings in Shore Bancshares, Inc. - MarketBeat |
Shore Bancshares 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 Shore Stock often depends not only on the future outlook of the current and potential Shore Bancshares' 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. Shore Bancshares' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.6 M | |
| Cash And Short Term Investments | 63.2 M |
Shore Bancshares Technical Analysis
Shore Bancshares' future price can be derived by breaking down and analyzing its technical indicators over time. Shore Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shore Bancshares. In general, you should focus on analyzing Shore Stock price patterns and their correlations with different microeconomic environments and drivers.
Shore Bancshares Predictive Forecast Models
Shore Bancshares' time-series forecasting models is one of many Shore Bancshares' 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 Shore Bancshares' 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 Shore Bancshares
Checking the ongoing alerts about Shore Bancshares for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shore Bancshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shore Bancshares currently holds about 403.58 M in cash with (99.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Shore Bancshares has a poor financial position based on the latest SEC disclosures | |
| Roughly 59.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Empowered Funds LLC Has 1. Million Holdings in Shore Bancshares, Inc. - MarketBeat |
Check out Shore Bancshares Backtesting, Shore Bancshares Valuation, Shore Bancshares Correlation, Shore Bancshares Hype Analysis, Shore Bancshares Volatility, Shore Bancshares History as well as Shore Bancshares Performance. For more detail on how to invest in Shore Stock please use our How to Invest in Shore Bancshares guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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 Shore Bancshares. If investors know Shore 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 Shore Bancshares 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 0.69 | Dividend Share 0.48 | Earnings Share 1.31 | Revenue Per Share 5.807 | Quarterly Revenue Growth 1.078 |
The market value of Shore Bancshares is measured differently than its book value, which is the value of Shore that is recorded on the company's balance sheet. Investors also form their own opinion of Shore Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Shore Bancshares' 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 Shore Bancshares' market value can be influenced by many factors that don't directly affect Shore Bancshares' 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 Shore Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shore Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shore Bancshares' 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.