Versabank Stock Probability of Future Stock Price Finishing Under 8.87
| VBNK Stock | USD 17.59 0.47 2.75% |
VersaBank |
VersaBank Target Price Odds to finish below 8.87
The tendency of VersaBank 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 $ 8.87 or more in 90 days |
| 17.59 | 90 days | 8.87 | near 1 |
Based on a normal probability distribution, the odds of VersaBank to drop to $ 8.87 or more in 90 days from now is near 1 (This VersaBank probability density function shows the probability of VersaBank Stock to fall within a particular range of prices over 90 days) . Probability of VersaBank price to stay between $ 8.87 and its current price of $17.59 at the end of the 90-day period is about 98.0 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.36 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, VersaBank will likely underperform. Additionally VersaBank has an alpha of 0.3847, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). VersaBank Price Density |
| Price |
Predictive Modules for VersaBank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VersaBank. 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.VersaBank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VersaBank is not an exception. The market had few large corrections towards the VersaBank'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 VersaBank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VersaBank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 1.36 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | 0.19 |
VersaBank 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 VersaBank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VersaBank 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 39.0% of the company outstanding shares are owned by insiders | |
| On 31st of October 2024 VersaBank paid $ 0.0185 per share dividend to its current shareholders | |
| Latest headline from zacks.com: StoneX Group Inc. Surpasses Q4 Earnings and Revenue Estimates |
VersaBank 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 VersaBank Stock often depends not only on the future outlook of the current and potential VersaBank'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. VersaBank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.3 M | |
| Cash And Short Term Investments | 132.2 M |
VersaBank Technical Analysis
VersaBank's future price can be derived by breaking down and analyzing its technical indicators over time. VersaBank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VersaBank. In general, you should focus on analyzing VersaBank Stock price patterns and their correlations with different microeconomic environments and drivers.
VersaBank Predictive Forecast Models
VersaBank's time-series forecasting models is one of many VersaBank'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 VersaBank'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 VersaBank
Checking the ongoing alerts about VersaBank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VersaBank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 39.0% of the company outstanding shares are owned by insiders | |
| On 31st of October 2024 VersaBank paid $ 0.0185 per share dividend to its current shareholders | |
| Latest headline from zacks.com: StoneX Group Inc. Surpasses Q4 Earnings and Revenue Estimates |
Check out VersaBank Backtesting, VersaBank Valuation, VersaBank Correlation, VersaBank Hype Analysis, VersaBank Volatility, VersaBank History as well as VersaBank Performance. For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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 VersaBank. If investors know VersaBank 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 VersaBank 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 (0.04) | Dividend Share 0.1 | Earnings Share 1.26 | Revenue Per Share 4.385 | Quarterly Revenue Growth 0.012 |
The market value of VersaBank is measured differently than its book value, which is the value of VersaBank that is recorded on the company's balance sheet. Investors also form their own opinion of VersaBank's value that differs from its market value or its book value, called intrinsic value, which is VersaBank'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 VersaBank's market value can be influenced by many factors that don't directly affect VersaBank'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 VersaBank's value and its price as these two are different measures arrived at by different means. Investors typically determine if VersaBank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VersaBank'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.